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Selected Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract] |
Selected Quarterly Financial Data (Unaudited) | Selected Quarterly Financial Data (Unaudited) The following tables are a summary of certain quarterly financial data for the years ended December 31, 2021 and 2020:
| 2021 Quarter Ended
| March 31 |  | June 30 |  | September 30 |  | December 31
| (Dollars in thousands, except per share data)
Selected Operating Data: |  |  |  |  |  |  |
Interest income | $ | 45,067 |  |  | $ | 43,236 |  |  | $ | 42,146 |  |  | $ | 41,849 |
Interest expense | 4,891 |  |  | 4,549 |  |  | 3,729 |  |  | 3,480 |
Net interest income | 40,176 |  |  | 38,687 |  |  | 38,417 |  |  | 38,369 |
(Benefit)/provision for credit losses | (2,374) |  |  | (3,701) |  |  | (148) |  |  | 39 |
Net interest income after (benefit)/provision for credit losses | 42,550 |  |  | 42,388 |  |  | 38,565 |  |  | 38,330 |
Other income | 2,636 |  |  | 4,916 |  |  | 2,628 |  |  | 4,273 |
Other expenses | 19,563 |  |  | 19,871 |  |  | 19,035 |  |  | 20,690 |
Income before income tax expense | 25,623 |  |  | 27,433 |  |  | 22,158 |  |  | 21,913 |
Income tax expense | 6,946 |  |  | 7,639 |  |  | 6,078 |  |  | 5,810 |
Net income | $ | 18,677 |  |  | $ | 19,794 |  |  | $ | 16,080 |  |  | $ | 16,103 |
Net income per basic common share | $ | 0.38 |  |  | $ | 0.40 |  |  | $ | 0.33 |  |  | $ | 0.34 |
Net income per diluted common share | $ | 0.38 |  |  | $ | 0.40 |  |  | $ | 0.33 |  |  | $ | 0.34 |
| 2020 Quarter Ended
| March 31 |  | June 30 |  | September 30 |  | December 31
| (Dollars in thousands, except per share data)
Selected Operating Data: |  |  |  |  |  |  |
Interest income | $ | 42,732 |  |  | $ | 40,911 |  |  | $ | 41,457 |  |  | $ | 43,045 |
Interest expense | 12,799 |  |  | 10,681 |  |  | 8,849 |  |  | 6,008 |
Net interest income | 29,933 |  |  | 30,230 |  |  | 32,608 |  |  | 37,037 |
Provision for loan losses | 8,183 |  |  | 1,921 |  |  | 165 |  |  | 2,473 |
Net interest income after provision for loan losses | 21,750 |  |  | 28,309 |  |  | 32,443 |  |  | 34,564 |
Other income | 108 |  |  | 4,238 |  |  | 3,022 |  |  | 4,104 |
Other expenses | 15,682 |  |  | 17,855 |  |  | 23,788 |  |  | 21,188 |
Income before income tax expense | 6,176 |  |  | 14,692 |  |  | 11,677 |  |  | 17,480 |
Income tax expense | 1,625 |  |  | 3,899 |  |  | 3,095 |  |  | 4,418 |
Net income | $ | 4,551 |  |  | $ | 10,793 |  |  | $ | 8,582 |  |  | $ | 13,062 |
Net income per basic common share | $ | 0.10 |  |  | $ | 0.23 |  |  | $ | 0.17 |  |  | $ | 0.26 |
Net income per diluted common share | $ | 0.10 |  |  | $ | 0.23 |  |  | $ | 0.17 |  |  | $ | 0.26 |

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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 + Details
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