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Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Data

 

Quarterly Financial Data - UNAUDITED

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended in 2018

 

 

 

Mar 31

 

 

June 30

 

 

Sep 30

 

 

Dec 31

 

Summary of Income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

11,136

 

 

$

11,537

 

 

$

11,753

 

 

$

12,003

 

Interest expense

 

 

1,463

 

 

 

1,527

 

 

 

1,765

 

 

 

1,817

 

Net Interest Income

 

 

9,673

 

 

 

10,010

 

 

 

9,988

 

 

 

10,186

 

Provision for loan loss

 

 

40

 

 

 

132

 

 

 

47

 

 

 

105

 

Net interest income after provision of loan loss

 

 

9,633

 

 

 

9,878

 

 

 

9,941

 

 

 

10,081

 

Other income (expense)

 

 

(5,030

)

 

 

(4,832

)

 

 

(5,443

)

 

 

(6,052

)

Net income before income taxes

 

 

4,603

 

 

 

5,046

 

 

 

4,498

 

 

 

4,029

 

Income taxes

 

 

836

 

 

 

932

 

 

 

623

 

 

 

836

 

Net income

 

$

3,767

 

 

$

4,114

 

 

$

3,875

 

 

$

3,193

 

Earnings per Common Share

 

$

0.41

 

 

$

0.44

 

 

$

0.42

 

 

$

0.34

 

Average common shares outstanding

 

 

9,265,959

 

 

 

9,265,898

 

 

 

9,274,507

 

 

 

9,285,261

 

 

 

 

Quarter Ended in 2017

 

 

 

Mar 31

 

 

June 30

 

 

Sep 30

 

 

Dec 31

 

Summary of Income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

9,721

 

 

$

10,124

 

 

$

10,535

 

 

$

10,868

 

Interest expense

 

 

1,179

 

 

 

1,253

 

 

 

1,333

 

 

 

1,362

 

Net Interest Income

 

 

8,542

 

 

 

8,871

 

 

 

9,202

 

 

 

9,506

 

Provision for loan loss

 

 

73

 

 

 

25

 

 

 

99

 

 

 

25

 

Net interest income after provision for loan loss

 

 

8,469

 

 

 

8,846

 

 

 

9,103

 

 

 

9,481

 

Other income (expense)

 

 

(4,487

)

 

 

(4,325

)

 

 

(4,722

)

 

 

(4,462

)

Net income before income taxes

 

 

3,982

 

 

 

4,521

 

 

 

4,381

 

 

 

5,019

 

Income taxes

 

 

1,143

 

 

 

1,298

 

 

 

1,159

 

 

 

1,583

 

Net income

 

$

2,839

 

 

$

3,223

 

 

$

3,222

 

 

$

3,436

 

Earnings per Common Share

 

$

0.31

 

 

$

0.35

 

 

$

0.35

 

 

$

0.37

 

Average common shares outstanding

 

 

9,241,750

 

 

 

9,241,750

 

 

 

9,252,919

 

 

 

9,266,584