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SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL DATA (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2020
SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL DATA  
Summarized quarterly financial data

2020 Quarter Ended

March 31,

June 30,

Sept. 30,

Dec. 31,

(In Thousands Except Per Share Data) (Unaudited)

    

2020

    

2020

    

2020

    

2020

Interest income

$

17,037

$

16,513

$

21,751

$

21,859

Interest expense

 

2,755

 

2,267

 

2,469

 

2,104

Net interest income

 

14,282

 

14,246

 

19,282

 

19,755

Provision (credit) for loan losses

 

1,528

 

(176)

 

1,941

 

620

Net interest income after provision (credit) for loan losses

 

12,754

 

14,422

 

17,341

 

19,135

Other income

 

5,281

 

5,528

 

6,970

 

6,565

Net gains on available-for-sale debt securities

 

0

 

0

 

25

 

144

Loss on prepayment of borrowings

0

0

0

1,636

Merger-related expenses

 

141

 

983

 

6,402

 

182

Other expenses

 

12,912

 

12,274

 

14,648

 

15,775

Income before income tax provision

 

4,982

 

6,693

 

3,286

 

8,251

Income tax provision

 

816

 

1,255

 

438

 

1,481

Net income

$

4,166

$

5,438

$

2,848

$

6,770

Net income attributable to common shares

$

4,146

$

5,405

$

2,830

$

6,727

Net income per share – basic

$

0.30

$

0.39

$

0.18

$

0.43

Net income per share – diluted

$

0.30

$

0.39

$

0.18

$

0.43

    

2019 Quarter Ended

March 31,

June 30,

Sept. 30,

Dec. 31,

 

2019

 

2019

 

2019

 

2019

Interest income

$

13,065

$

17,139

$

17,277

$

17,290

Interest expense

 

1,350

 

2,934

 

3,000

 

2,999

Net interest income

 

11,715

 

14,205

 

14,277

 

14,291

(Credit) provision for loan losses

 

(957)

 

(4)

 

1,158

 

652

Net interest income after (credit) provision for loan losses

 

12,672

 

14,209

 

13,119

 

13,639

Other income

 

4,406

 

4,849

 

4,963

 

5,066

Net gains on available-for-sale debt securities

 

0

 

7

 

13

 

3

Merger-related expenses

 

311

 

3,301

 

206

 

281

Other expenses

 

10,696

 

11,422

 

11,486

 

11,834

Income before income tax provision

 

6,071

 

4,342

 

6,403

 

6,593

Income tax provision

 

981

 

693

 

1,096

 

1,135

Net income

$

5,090

$

3,649

$

5,307

$

5,458

Net income attributable to common shares

$

5,063

$

3,630

$

5,281

$

5,431

Net income per share – basic

$

0.41

$

0.27

$

0.39

$

0.40

Net income per share – diluted

$

0.41

$

0.27

$

0.39

$

0.40