XML 98 R29.htm IDEA: XBRL DOCUMENT v3.22.0.1

SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL DATA (Unaudited)

12 Months Ended

Dec. 31, 2021

SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL DATA

SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL DATA

20. SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL DATA (Unaudited)

The following tables present summarized quarterly financial data for 2021 and 2020:

​

​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	2021 Quarter Ended
​	​	March 31,		​	June 30,		​	Sept. 30,		​	Dec. 31,
(In Thousands Except Per Share Data) (Unaudited)		2021			2021			2021			2021
Interest income	​	$	21,754	​	$	20,428	​	$	21,073	​	$	21,246
Interest expense	​		1,671	​		1,747	​		1,614	​		1,530
Net interest income	​		20,083	​		18,681	​		19,459	​		19,716
Provision for loan losses	​		259	​		744	​		1,530	​		1,128
Net interest income after provision for loan losses	​		19,824	​		17,937	​		17,929	​		18,588
Noninterest income	​		6,782	​		6,300	​		6,359	​		6,416
Net gains (losses) on available-for-sale debt securities	​		0	​		2	​		23	​		(1)
Other noninterest expenses	​		15,709	​		15,399	​		15,346	​		16,018
Income before income tax provision	​		10,897	​		8,840	​		8,965	​		8,985
Income tax provision	​		2,110	​		1,780	​		1,566	​		1,677
Net income	​	$	8,787	​	$	7,060	​	$	7,399	​	$	7,308
Net income attributable to common shares	​	$	8,722	​	$	6,999	​	$	7,336	​	$	7,256
Net income per share – basic	​	$	0.55	​	$	0.44	​	$	0.47	​	$	0.46
Net income per share – diluted	​	$	0.55	​	$	0.44	​	$	0.47	​	$	0.46
​	​	​	​	​	​	​	​	​	​	​	​	​
​		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
Noninterest 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

​

X

- References

No definition available.

+ Details

Name:	us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration