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Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Summary of Quarterly Consolidated Results of Operations

The following is a summary of the quarterly consolidated results of operations:


		Three Months Ended
		March 31				June 30				September 30				December 31
		2019				2019				2019				2019
Interest income		$	45,373			$	53,850			$	55,711			$	53,398
Interest expense			11,093				12,321				12,248				11,879

Net interest income			34,280				41,529				43,463				41,519
Provision for loan losses			364				896				376				340
Gain (loss) on sale of securities			15				(100	)			—				10
Net income		$	10,816			$	16,642			$	20,537			$	18,543
Earnings per share:
Basic		$	0.28			$	0.37			$	0.46			$	0.41
Diluted			0.28				0.37				0.46				0.41
Average shares outstanding:
Basic			38,822,543				45,055,117				45,038,021				44,971,676
Diluted			38,906,172				45,130,408				45,113,730				45,103,065


		Three Months Ended
		March 31				June 30				September 30				December 31
		2018				2018				2018				2018
Interest income		$	39,426			$	40,741			$	42,271			$	43,730
Interest expense			6,015				7,191				8,499				9,894

Net interest income			33,411				33,550				33,772				33,836
Provision for loan losses			567				635				1,176				528
Gain (loss) on sale of securities			11				—				(122	)			(332	)
Net income		$	12,804			$	14,115			$	13,065			$	13,133
Earnings per share:
Basic		$	0.33			$	0.37			$	0.34			$	0.35
Diluted			0.33				0.37				0.34				0.34
Average shares outstanding:
Basic			38,306,395				38,347,612				38,365,379				38,367,972
Diluted			38,468,810				38,519,401				38,534,970				38,488,861