XML 65 R50.htm IDEA: XBRL DOCUMENT

CONSOLIDATED CONDENSED QUARTERLY DATA (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2018

CONSOLIDATED CONDENSED QUARTERLY DATA (UNAUDITED) [Abstract]

Consolidated Condensed Quarterly Data

The following table presents summarized quarterly financial data for 2018 and 2017:

(in thousands, except per share data)						Three Months Ended,
2018		Mar 31				June 30				Sep 30				Dec 31
Interest income		$	13,383			$	14,028			$	14,259			$	15,088
Interest expense			1,963				2,277				2,489				2,845
Net interest income			11,420				11,751				11,770				12,243
Provision for loan losses			500				325				475				625
Non-interest income			1,900				1,835				2,022				1,997
Investment securities gains, net			6				7				(12	)			(20	)
Non-interest expenses			7,832				7,702				7,788				8,235
Income before provision for income taxes			4,994				5,566				5,517				5,360
Provision for income taxes			747				875				936				845
Net income		$	4,247			$	4,691			$	4,581			$	4,515
Earnings Per Share Basic		$	1.20			$	1.34			$	1.31			$	1.29
Earnings Per Share Diluted		$	1.20			$	1.34			$	1.31			$	1.29

(in thousands, except per share data)						Three Months Ended,
2017		Mar 31				June 30				Sep 30				Dec 31
Interest income		$	11,300			$	11,778			$	12,120			$	12,895
Interest expense			1,303				1,374				1,503				1,659
Net interest income			9,997				10,404				10,617				11,236
Provision for loan losses			615				625				500				800
Non-interest income			1,863				1,865				1,912				1,981
Investment securities gains, net			172				23				9				831
Non-interest expenses			7,191				7,166				7,247				7,710
Income before provision for income taxes			4,226				4,501				4,791				5,538
Provision for income taxes			923				1,033				1,141				2,934
Net income		$	3,303			$	3,468			$	3,650			$	2,604
Earnings Per Share Basic		$	0.93			$	0.99			$	1.04			$	0.74
Earnings Per Share Diluted		$	0.93			$	0.99			$	1.04			$	0.74