Selected Condensed Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2019


	2019
	For the quarters ended
(dollars in thousands, except share data)	March 31		June 30	September 30	December 31
Interest income	$	21,612	23,088	24,056	23,896
Interest expense		5,794	6,549	6,777	6,263
Net interest income		15,818	16,539	17,279	17,633
Provision for loan losses		300	300	650	1,050
Noninterest income		2,994	4,090	4,396	3,503
Noninterest expenses		10,648	11,368	11,484	10,973
Income before income tax expense		7,864	8,961	9,541	9,113
Income tax expense		1,855	1,722	2,129	1,915
Net income available to common shareholders	$	6,009	7,239	7,412	7,198
Earnings per common share
Basic	$	0.81	0.97	0.98	0.94
Diluted	$	0.78	0.93	0.95	0.92
Weighted average common shares outstanding
Basic		7,459,342	7,495,508	7,548,184	7,608,241
Diluted		7,741,860	7,756,044	7,780,504	7,810,922

	2018
	For the quarters ended
	March 31		June 30	September 30	December 31
Interest income	$	17,178	18,535	19,865	21,079
Interest expense		3,136	3,923	4,364	5,082
Net interest income		14,042	14,612	15,501	15,997
Provision for loan losses		500	400	400	600
Noninterest income		2,420	2,771	2,533	2,477
Noninterest expenses		9,205	9,979	10,188	10,391
Income before income tax expense		6,757	7,004	7,446	7,483
Income tax expense		1,543	1,494	1,664	1,700
Net income available to common shareholders	$	5,214	5,510	5,782	5,783
Earnings per common share
Basic	$	0.71	0.75	0.78	0.78
Diluted	$	0.67	0.71	0.75	0.75
Weighted average common shares outstanding
Basic		7,336,839	7,370,709	7,400,174	7,427,902
Diluted		7,726,885	7,751,146	7,746,205	7,725,661