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Selected Quarterly Financial Data (Tables) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Results of operations on a quarterly basis | Results of operations on a quarterly basis were as follows:
| Year Ended December 31, 2020
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
| (Dollars in thousands, except per share amounts)
Interest income | $ | 53,086 |  |  | $ | 53,994 |  |  | $ | 52,563 |  |  | $ | 54,677 |
Interest expense | 4,535 |  |  | 3,681 |  |  | 2,885 |  |  | 2,222 |
Net interest income | 48,551 |  |  | 50,313 |  |  | 49,678 |  |  | 52,455 |
Provision for credit losses | 7,946 |  |  | 28,563 |  |  | 2,730 |  |  | (3,133) |
Net interest income after provision for credit losses | 40,605 |  |  | 21,750 |  |  | 46,948 |  |  | 55,588 |
Noninterest income | 9,486 |  |  | 8,248 |  |  | 8,210 |  |  | 11,285 |
Noninterest expense | 37,260 |  |  | 37,073 |  |  | 36,045 |  |  | 38,562 |
Income (loss) before income taxes | 12,831 |  |  | (7,075) |  |  | 19,113 |  |  | 28,311 |
Income tax expense (benefit) | 640 |  |  | (936) |  |  | 2,477 |  |  | 4,429 |
Net income (loss) | $ | 12,191 |  |  | $ | (6,139) |  |  | $ | 16,636 |  |  | $ | 23,882 |
Basic earnings per common share | $ | 0.34 |  |  | $ | (0.17) |  |  | $ | 0.46 |  |  | $ | 0.66 |
Diluted earnings per common share | 0.34 |  |  | (0.17) |  |  | 0.46 |  |  | 0.66 |
Cash dividends declared on common stock | 0.20 |  |  | 0.20 |  |  | 0.20 |  |  | 0.20 |
| Year Ended December 31, 2019
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
| (Dollars in thousands, except per share amounts)
Interest income | $ | 53,807 |  |  | $ | 55,216 |  |  | $ | 54,884 |  |  | $ | 53,943 |
Interest expense | 4,019 |  |  | 4,680 |  |  | 4,641 |  |  | 4,828 |
Net interest income | 49,788 |  |  | 50,536 |  |  | 50,243 |  |  | 49,115 |
Provision for credit losses | 920 |  |  | 1,367 |  |  | 466 |  |  | 1,558 |
Net interest income after provision for credit losses | 48,868 |  |  | 49,169 |  |  | 49,777 |  |  | 47,557 |
Noninterest income | 7,429 |  |  | 7,564 |  |  | 8,458 |  |  | 9,011 |
Noninterest expense | 36,525 |  |  | 37,547 |  |  | 36,719 |  |  | 35,997 |
Income before income taxes | 19,772 |  |  | 19,186 |  |  | 21,516 |  |  | 20,571 |
Income tax expense | 3,220 |  |  | 3,202 |  |  | 3,621 |  |  | 3,445 |
Net income | $ | 16,552 |  |  | $ | 15,984 |  |  | $ | 17,895 |  |  | $ | 17,126 |
Basic earnings per common share | $ | 0.45 |  |  | $ | 0.43 |  |  | $ | 0.49 |  |  | $ | 0.47 |
Diluted earnings per common share | 0.45 |  |  | 0.43 |  |  | 0.48 |  |  | 0.47 |
Cash dividends declared on common stock | 0.18 |  |  | 0.18 |  |  | 0.19 |  |  | 0.29 |

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121640914&loc=d3e1280-108306 + Details
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