XML 34 R122.htm IDEA: XBRL DOCUMENT v3.20.1
QUARTERLY DATA (UNAUDITED) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]                      
Interest and dividend income $ 34,117 $ 34,262 $ 33,785 $ 33,227 $ 32,772 $ 32,184 $ 31,718 $ 30,777 $ 135,391 $ 127,451 $ 116,069
Interest expense 10,013 11,817 12,289 11,462 10,508 9,715 8,726 7,619 45,581 36,568 23,914
Net interest income 24,104 22,445 21,496 21,765 22,264 22,469 22,992 23,158 89,810 90,883 92,155
Non-interest income 7,806 7,643 7,453 6,167 7,450 7,126 7,121 6,238 29,069 27,935 25,982
Provision for loan losses 538 893 562 324 572 643 770 795 2,317 2,780 2,788
Non-interest expense 26,803 23,400 20,906 18,624 20,096 17,906 18,685 18,852 89,733 75,539 72,726
Income before income taxes 4,569 5,795 7,481 8,984 9,046 11,046 10,658 9,749 26,829 40,499 42,623
Income tax expense 362 780 1,364 1,703 1,426 2,076 2,123 1,937 4,209 7,562 16,630
Net income $ 4,207 $ 5,015 $ 6,117 $ 7,281 $ 7,620 $ 8,970 $ 8,535 $ 7,812 $ 22,620 $ 32,937 $ 25,993
Earnings per share:                      
Basic (in dollars per share) $ 0.27 $ 0.32 $ 0.39 $ 0.47 $ 0.49 $ 0.58 $ 0.55 $ 0.51 $ 1.46 $ 2.13 $ 1.71
Diluted (in dollars per share) $ 0.27 $ 0.32 $ 0.39 $ 0.47 $ 0.49 $ 0.58 $ 0.55 $ 0.50 $ 1.45 $ 2.12 $ 1.70
Weighted average shares outstanding:                      
Basic (in shares) 15,554,000 15,547,000 15,538,000 15,523,000 15,516,000 15,503,000 15,482,000 15,448,000 15,540,884 15,487,686 15,183,615
Diluted (in shares) 15,602,000 15,581,000 15,586,000 15,587,000 15,574,000 15,580,000 15,571,000 15,553,000 15,586,993 15,564,464 15,290,410