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UNAUDITED QUARTERLY FINANCIAL DATA

12 Months Ended

Dec. 31, 2021

UNAUDITED QUARTERLY FINANCIAL DATA

UNAUDITED QUARTERLY FINANCIAL DATA

UNAUDITED QUARTERLY FINANCIAL DATA

Selected Consolidated Quarterly Financial Data (dollars, except per share amounts, in thousands)

​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	2021 Quarter Ended
​		December 31			September 30			June 30			March 31
Interest income	​	$	49,110	​	$	45,018	​	$	41,050	​	$	38,106
Interest expense	​		4,300	​		4,226	​		4,077	​		3,680
Net interest income	​		44,810	​		40,792	​		36,973	​		34,426
Provision for loan losses	​		501	​		490	​		1,875	​		950
Net interest income after provision for loan losses	​		44,309	​		40,302	​		35,098	​		33,476
Non-interest income	​		7,057	​		5,891	​		6,156	​		4,593
Non-interest expense	​		23,314	​		21,984	​		21,689	​		20,325
Income before income taxes	​		28,052	​		24,209	​		19,565	​		17,744
Income tax expense	​		9,165	​		7,994	​		6,229	​		5,627
Net income	​	$	18,887	​	$	16,215	​	$	13,336	​	$	12,117
Basic earnings per common share	​	$	1.74	​	$	1.82	​	$	1.59	​	$	1.46
Diluted earnings per common share	​	$	1.69	​	$	1.77	​	$	1.55	​	$	1.43

​

​	​	​	​	​	​	​	​	​	​	​	​	​
​		2020 Quarter Ended
​		December 31			September 30			June 30			March 31
Interest income	​	$	36,862	​	$	35,945	​	$	34,223	​	$	36,067
Interest expense	​		3,395	​		3,621	​		4,062	​		7,098
Net interest income	​		33,467	​		32,324	​		30,161	​		28,969
Provision for loan losses	​		1,795	​		1,137	​		1,766	​		4,790
Net interest income after provision for loan losses	​		31,672	​		31,187	​		28,395	​		24,179
Non-interest income	​		3,373	​		3,637	​		5,653	​		4,340
Non-interest expense	​		17,788	​		18,930	​		18,284	​		19,516
Income before income taxes	​		17,257	​		15,894	​		15,764	​		9,003
Income tax expense	​		5,482	​		5,111	​		4,953	​		2,906
Net income	​	$	11,775	​	$	10,783	​	$	10,811	​	$	6,097
Basic earnings per common share	​	$	1.42	​	$	1.30	​	$	1.30	​	$	0.73
Diluted earnings per common share	​	$	1.39	​	$	1.27	​	$	1.28	​	$	0.72

​

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- References

No definition available.

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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

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=124502072&loc=SL124452896-108306

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