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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)

NOTE 24 – QUARTERLY FINANCIAL DATA (UNAUDITED)

 

Quarter Ended 2021

 

December 31

 

 

September 30

 

 

June 30

 

 

March 31

 

Total interest income

 

$

31,685

 

 

$

28,375

 

 

$

28,609

 

 

$

27,790

 

Total interest expense

 

 

1,986

 

 

 

1,841

 

 

 

2,119

 

 

 

2,523

 

Net interest income

 

 

29,699

 

 

 

26,534

 

 

 

26,490

 

 

 

25,267

 

Provision for credit losses

 

 

5,366

 

 

 

(948

)

 

 

50

 

 

 

425

 

Noninterest income

 

 

9,538

 

 

 

9,015

 

 

 

9,508

 

 

 

10,132

 

Merger related costs

 

 

6,521

 

 

 

472

 

 

 

104

 

 

 

12

 

Noninterest expense

 

 

21,140

 

 

 

16,656

 

 

 

16,966

 

 

 

17,305

 

Income before income taxes

 

 

6,210

 

 

 

19,369

 

 

 

18,878

 

 

 

17,657

 

Income taxes

 

 

508

 

 

 

3,358

 

 

 

3,303

 

 

 

3,101

 

Net income

 

$

5,702

 

 

$

16,011

 

 

$

15,575

 

 

$

14,556

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

0.18

 

 

$

0.56

 

 

$

0.55

 

 

$

0.51

 

 

 

Quarter Ended 2020

 

December 31

 

 

September 30

 

 

June 30

 

 

March 31

 

Total interest income

 

$

28,833

 

 

$

27,635

 

 

$

28,142

 

 

$

27,717

 

Total interest expense

 

 

3,030

 

 

 

3,470

 

 

 

4,221

 

 

 

5,415

 

Net interest income

 

 

25,803

 

 

 

24,165

 

 

 

23,921

 

 

 

22,302

 

Provision for loan losses

 

 

3,000

 

 

 

2,600

 

 

 

2,400

 

 

 

1,100

 

Noninterest income

 

 

10,499

 

 

 

9,217

 

 

 

8,652

 

 

 

7,793

 

Merger related costs

 

 

1,798

 

 

 

58

 

 

 

48

 

 

 

1,319

 

Noninterest expense

 

 

17,796

 

 

 

17,412

 

 

 

17,208

 

 

 

17,341

 

Income before income taxes

 

 

13,708

 

 

 

13,312

 

 

 

12,917

 

 

 

10,335

 

Income taxes

 

 

2,351

 

 

 

2,443

 

 

 

1,906

 

 

 

1,696

 

Net income

 

$

11,357

 

 

$

10,869

 

 

$

11,011

 

 

$

8,639

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

0.40

 

 

$

0.38

 

 

$

0.39

 

 

$

0.30