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Selected Condensed Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract] |
Selected Condensed Quarterly Financial Data (Unaudited) | NOTE 26 – Selected Condensed Quarterly Financial Data (Unaudited)
|  | 2021 |
|  | For the quarters ended |
(dollars in thousands, except share data) |  | March 31 |  |  | June 30 |  |  | September 30 |  |  | December 31 |
Interest income |  | $ | 22,813 |  |  |  | 22,731 |  |  |  | 23,486 |  |  |  | 24,137 |
Interest expense |  |  | 1,540 |  |  |  | 1,301 |  |  |  | 1,314 |  |  |  | 1,280 |
Net interest income |  |  | 21,273 |  |  |  | 21,430 |  |  |  | 22,172 |  |  |  | 22,857 |
Provision for loan losses |  |  | (300 | ) |  |  | (1,900 | ) |  |  | (6,000 | ) |  |  | (4,200 | )
Noninterest income |  |  | 5,904 |  |  |  | 3,622 |  |  |  | 4,239 |  |  |  | 3,336 |
Noninterest expenses |  |  | 14,162 |  |  |  | 13,495 |  |  |  | 14,039 |  |  |  | 14,734 |
Income before income tax expense |  |  | 13,315 |  |  |  | 13,457 |  |  |  | 18,372 |  |  |  | 15,659 |
Income tax expense |  |  | 2,949 |  |  |  | 3,134 |  |  |  | 4,355 |  |  |  | 3,654 |
Net income available to common shareholders |  | $ | 10,366 |  |  |  | 10,323 |  |  |  | 14,017 |  |  |  | 12,005 |
Earnings per common share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 1.33 |  |  |  | 1.32 |  |  |  | 1.78 |  |  |  | 1.52 |
Diluted |  | $ | 1.31 |  |  |  | 1.29 |  |  |  | 1.75 |  |  |  | 1.49 |
Weighted average common shares outstanding |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 7,774,515 |  |  |  | 7,847,516 |  |  |  | 7,873,868 |  |  |  | 7,877,408 |
Diluted |  |  | 7,908,537 |  |  |  | 7,987,615 |  |  |  | 8,001,028 |  |  |  | 8,056,977 |
|  | 2020 |
|  | For the quarters ended |
|  | March 31 |  |  | June 30 |  |  | September 30 |  |  | December 31 |
Interest income |  | $ | 23,866 |  |  |  | 23,991 |  |  |  | 23,415 |  |  |  | 23,547 |
Interest expense |  |  | 5,768 |  |  |  | 4,217 |  |  |  | 2,778 |  |  |  | 2,244 |
Net interest income |  |  | 18,098 |  |  |  | 19,774 |  |  |  | 20,637 |  |  |  | 21,303 |
Provision for loan losses |  |  | 6,000 |  |  |  | 10,200 |  |  |  | 11,100 |  |  |  | 2,300 |
Noninterest income |  |  | 3,916 |  |  |  | 9,207 |  |  |  | 7,584 |  |  |  | 6,644 |
Noninterest expenses |  |  | 12,372 |  |  |  | 12,644 |  |  |  | 14,183 |  |  |  | 14,544 |
Income before income tax expense |  |  | 3,642 |  |  |  | 6,137 |  |  |  | 2,938 |  |  |  | 11,103 |
Income tax expense |  |  | 810 |  |  |  | 1,459 |  |  |  | 721 |  |  |  | 2,502 |
Net income available to common shareholders |  | $ | 2,832 |  |  |  | 4,678 |  |  |  | 2,217 |  |  |  | 8,601 |
Earnings per common share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.37 |  |  |  | 0.61 |  |  |  | 0.29 |  |  |  | 1.11 |
Diluted |  | $ | 0.36 |  |  |  | 0.60 |  |  |  | 0.28 |  |  |  | 1.10 |
Weighted average common shares outstanding |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 7,678,598 |  |  |  | 7,722,419 |  |  |  | 7,732,293 |  |  |  | 7,740,755 |
Diluted |  |  | 7,827,173 |  |  |  | 7,818,651 |  |  |  | 7,815,265 |  |  |  | 7,835,739 |

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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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