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Note 23 - Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 31, 2018
Notes to Financial Statements |
Quarterly Financial Information [Text Block] | Note 2 3 . Quarterly Financial Data (Unaudited) The following tables present selected financial data for the periods indicated:
|  | Year Ended December 31, 2018 |
|  | First |  |  | Second |  |  | Third |  |  | Fourth |
|  | Quarter |  |  | Quarter |  |  | Quarter |  |  | Quarter |
(Amounts in thousands, except share and per share data) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  | $ | 24,330 |  |  | $ | 24,297 |  |  | $ | 24,286 |  |  | $ | 25,381 |
Interest expense |  |  | 1,951 |  |  |  | 2,035 |  |  |  | 1,961 |  |  |  | 1,502 |
Net interest income |  |  | 22,379 |  |  |  | 22,262 |  |  |  | 22,325 |  |  |  | 23,879 |
Provision for loan losses |  |  | 495 |  |  |  | 495 |  |  |  | 495 |  |  |  | 908 |
Net interest income after provision |  |  | 21,884 |  |  |  | 21,767 |  |  |  | 21,830 |  |  |  | 22,971 |
Noninterest income, excluding net loss on sale of securities |  |  | 6,668 |  |  |  | 6,959 |  |  |  | 7,137 |  |  |  | 6,297 |
Net loss on sale of securities |  |  | - |  |  |  | - |  |  |  | (618 | ) |  |  | - |
Noninterest expense |  |  | 17,116 |  |  |  | 17,160 |  |  |  | 18,131 |  |  |  | 17,366 |
Income before income taxes |  |  | 11,436 |  |  |  | 11,566 |  |  |  | 10,218 |  |  |  | 11,902 |
Income tax expense |  |  | 2,568 |  |  |  | 2,500 |  |  |  | 1,118 |  |  |  | 2,596 |
Net income |  | $ | 8,868 |  |  | $ | 9,066 |  |  | $ | 9,100 |  |  | $ | 9,306 |
Basic earnings per common share |  | $ | 0.52 |  |  | $ | 0.54 |  |  | $ | 0.55 |  |  | $ | 0.58 |
Diluted earnings per common share |  |  | 0.52 |  |  |  | 0.54 |  |  |  | 0.55 |  |  |  | 0.57 |
Dividends per common share |  |  | 0.66 |  |  |  | 0.18 |  |  |  | 0.21 |  |  |  | 0.21 |
Weighted average basic shares outstanding |  |  | 16,955,758 |  |  |  | 16,689,398 |  |  |  | 16,512,823 |  |  |  | 16,201,148 |
Weighted average diluted shares outstanding |  |  | 17,047,638 |  |  |  | 16,788,615 |  |  |  | 16,612,416 |  |  |  | 16,280,404 |
|  | Year Ended December 31, 2017 |
|  | First |  |  | Second |  |  | Third |  |  | Fourth |
|  | Quarter |  |  | Quarter |  |  | Quarter |  |  | Quarter |
(Amounts in thousands, except share and per share data) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  | $ | 23,192 |  |  | $ | 24,305 |  |  | $ | 24,049 |  |  | $ | 23,762 |
Interest expense |  |  | 2,051 |  |  |  | 2,011 |  |  |  | 1,999 |  |  |  | 2,029 |
Net interest income |  |  | 21,141 |  |  |  | 22,294 |  |  |  | 22,050 |  |  |  | 21,733 |
Provision for loan losses |  |  | 492 |  |  |  | 934 |  |  |  | 730 |  |  |  | 615 |
Net interest income after provision |  |  | 20,649 |  |  |  | 21,360 |  |  |  | 21,320 |  |  |  | 21,118 |
Noninterest income, excluding net loss on sale of securities |  |  | 5,312 |  |  |  | 5,712 |  |  |  | 6,703 |  |  |  | 7,502 |
Net loss on sale of securities |  |  | - |  |  |  | (657 | ) |  |  | - |  |  |  | (4 | )
Noninterest expense |  |  | 16,704 |  |  |  | 17,038 |  |  |  | 16,477 |  |  |  | 16,683 |
Income before income taxes |  |  | 9,257 |  |  |  | 9,377 |  |  |  | 11,546 |  |  |  | 11,933 |
Income tax expense |  |  | 3,055 |  |  |  | 2,959 |  |  |  | 3,894 |  |  |  | 10,720 |
Net income |  | $ | 6,202 |  |  | $ | 6,418 |  |  | $ | 7,652 |  |  | $ | 1,213 |
Basic earnings per common share |  | $ | 0.36 |  |  | $ | 0.38 |  |  | $ | 0.45 |  |  | $ | 0.07 |
Diluted earnings per common share |  |  | 0.36 |  |  |  | 0.38 |  |  |  | 0.45 |  |  |  | 0.07 |
Dividends per common share |  |  | 0.16 |  |  |  | 0.16 |  |  |  | 0.18 |  |  |  | 0.18 |
Weighted average basic shares outstanding |  |  | 16,998,125 |  |  |  | 17,012,189 |  |  |  | 17,005,654 |  |  |  | 16,992,519 |
Weighted average diluted shares outstanding |  |  | 17,072,174 |  |  |  | 17,082,832 |  |  |  | 17,082,729 |  |  |  | 17,083,949 |

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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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