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QUARTERLY FINANCIAL DATA (UNAUDITED) | 12 Months Ended
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Dec. 31, 2020
QUARTERLY FINANCIAL DATA (UNAUDITED) |
QUARTERLY FINANCIAL DATA (UNAUDITED) | 21. QUARTERLY FINANCIAL DATA (UNAUDITED) Selected Consolidated Quarterly Financial Data follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2020 Quarter Ended |
(In thousands, except per share amounts) |  | March 31, |  | June 30, |  | September 30, |  | December 31, |
Interest income | ​ | $ | 44,602 | ​ | $ | 45,850 | ​ | $ | 46,296 | ​ | $ | 47,484 |
Interest expense | ​ |  | 7,952 | ​ |  | 5,418 | ​ |  | 5,589 | ​ |  | 4,492 |
Net interest income | ​ | ​ | 36,650 | ​ |  | 40,432 |  | ​ | 40,707 | ​ |  | 42,992 |
Provision for credit losses | ​ | ​ | 5,000 | ​ |  | 4,500 |  | ​ | 1,500 | ​ |  | 500 | ​
Net interest income after provision for credit losses | ​ | ​ | 31,650 | ​ |  | 35,932 |  | ​ | 39,207 | ​ |  | 42,492 |
Non-interest income | ​ | ​ | 5,217 | ​ |  | 2,252 | ​ | ​ | 6,790 | ​ |  | 5,444 |
Non-interest expense | ​ | ​ | 24,843 | ​ |  | 24,399 | ​ | ​ | 28,937 | (1) |  | 35,078 | (2)
Income before income taxes | ​ | ​ | 12,024 | ​ |  | 13,785 |  | ​ | 17,060 | ​ |  | 12,858 |
Income tax expense | ​ | ​ | 2,676 | ​ |  | 3,129 |  | ​ | 3,999 | ​ |  | 3,881 | ​
Net income | ​ | $ | 9,348 |  | $ | 10,656 |  | $ | 13,061 |  | $ | 8,977 |
Basic earnings per share | ​ | $ | 0.47 |  | $ | 0.54 |  | $ | 0.66 |  | $ | 0.45 |
Diluted earnings per share | ​ | $ | 0.47 |  | $ | 0.54 |  | $ | 0.66 |  | $ | 0.45 |
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2019 Quarter Ended |
(In thousands, except per share amounts) |  | March 31, |  | June 30, |  | September 30, |  | December 31, |
Interest income | ​ | $ | 44,515 | ​ | $ | 46,352 | ​ | $ | 46,354 | ​ | $ | 44,320 |
Interest expense | ​ |  | 10,192 | ​ |  | 10,835 | ​ |  | 9,639 | ​ |  | 8,672 |
Net interest income | ​ | ​ | 34,323 | ​ |  | 35,517 |  | ​ | 36,715 | ​ |  | 35,648 |
Provision for loan losses | ​ | ​ | 600 | ​ |  | 3,500 |  | ​ | 1,000 | ​ |  | 600 | ​
Net interest income after provision for loan losses | ​ | ​ | 33,723 | ​ |  | 32,017 |  | ​ | 35,715 | ​ |  | 35,048 |
Non-interest income | ​ | ​ | 5,218 | ​ |  | 5,499 | ​ | ​ | 6,244 | ​ |  | 8,426 |
Non-interest expense | ​ | ​ | 22,599 | ​ |  | 24,004 | ​ | ​ | 24,204 | ​ |  | 25,332 | ​
Income before income taxes | ​ | ​ | 16,342 | ​ |  | 13,512 |  | ​ | 17,755 | ​ |  | 18,142 |
Income tax expense | ​ | ​ | 3,415 | ​ |  | 2,859 |  | ​ | 3,852 | ​ |  | 3,934 | ​
Net income | ​ | $ | 12,927 |  | $ | 10,653 |  | $ | 13,903 |  | $ | 14,208 |
Basic earnings per share | ​ | $ | 0.65 |  | $ | 0.53 |  | $ | 0.70 |  | $ | 0.71 |
Diluted earnings per share | ​ | $ | 0.65 |  | $ | 0.53 |  | $ | 0.70 |  | $ | 0.71 |
(1) 2020 amount includes pre-tax merger expenses of $2.4 million. (2) 2020 amount includes pre-tax merger expenses of $2.1 million.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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