XML 82 R65.htm IDEA: XBRL DOCUMENT v3.20.4
Quarterly Condensed Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2020
Quarterly Condensed Financial Information (Unaudited)  
Schedule of unaudited quarterly condensed financial information

2020 Quarter Ended

(dollars in thousands, except per share data)

    

March 31, 

    

June 30, 

    

September 30, 

    

December 31, 

Interest income

 

$

23,106

 

$

23,506

 

$

24,289

 

$

25,201

Interest expense

4,269

3,415

2,524

2,048

Net interest income

18,837

20,091

21,765

23,153

Provision for loan losses

2,500

3,500

3,500

1,400

Net interest income after provision for loan losses

16,337

16,591

18,265

21,753

Noninterest income

27,189

38,230

45,256

38,696

Noninterest expense

36,726

39,734

40,214

47,126

Income before income taxes

6,800

15,087

23,307

13,323

Income tax expense

1,437

3,613

5,648

3,144

Net income

$

5,363

$

11,474

$

17,659

$

10,179

Per common share data

Basic earnings per common share

$

0.31

$

0.66

$

1.01

$

0.64

Diluted earnings per common share

$

0.30

$

0.65

$

0.99

$

0.63

2019 Quarter Ended

(dollars in thousands, except per share data)

March 31, 

June 30, 

September 30, 

December 31, 

Interest income

    

$

23,310

    

$

23,478

    

$

23,625

    

$

22,887

Interest expense

 

4,190

 

5,187

 

4,944

 

4,428

Net interest income

19,120

18,291

18,681

18,459

Provision for loan losses

2,220

1,797

1,498

1,797

Net interest income after provision for loan losses

16,900

16,494

17,183

16,662

Noninterest income

25,074

29,984

29,580

29,556

Noninterest expense

33,514

35,261

37,327

36,435

Income before income taxes

8,460

11,217

9,436

9,783

Income tax expense

2,024

2,869

2,332

2,131

Net income

$

6,436

$

8,348

$

7,104

$

7,652

Per common share data

Basic earnings per common share

$

0.47

$

0.60

$

0.49

$

0.44

Diluted earnings per common share

$

0.46

$

0.59

$

0.48

$

0.43