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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Sep. 30, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
Selected Quarterly Financial Data (Unaudited)

The following selected financial data is presented for the quarters ended (dollars in thousands, except per share amounts):
 
September 30,
2019

 
June 30,
2019

 
March 31,
2019

 
December 31,
2018

Interest and dividend income
$
14,384

 
$
14,185

 
$
13,841

 
$
13,315

Interest expense
(1,233
)
 
(1,248
)
 
(1,113
)
 
(971
)
Net interest income
13,151

 
12,937

 
12,728

 
12,344

 
 
 
 
 
 
 
 
Non-interest income
3,597

 
3,538

 
3,940

 
3,266

Non-interest expense (1)
(8,774
)
 
(8,967
)
 
(9,277
)
 
(8,562
)
 
 
 
 
 
 
 
 
Income before income taxes
7,974

 
7,508

 
7,391

 
7,048

 
 
 
 
 
 
 
 
Provision for income taxes
1,639

 
1,552

 
1,277

 
1,433

Net income
$
6,335

 
$
5,956

 
$
6,114

 
$
5,615

 
 
 
 
 
 
 
 
Net income per common share
 
 
 
 
 
 
 
Basic
$
0.76

 
$
0.71

 
$
0.74

 
$
0.68

Diluted (2)
$
0.75

 
$
0.70

 
$
0.72

 
$
0.66

__________________________________________
(1) During the quarters ended December 31, 2018, March 31, 2019, June 30, 2019 and September 30, 2019 the Company incurred expenses related to the acquisition of South Sound Bank of $64, $55, $328, and $15, respectively.
(2) The net income per common share amounts for the quarters do not add to the total for the fiscal year due to rounding.
 
September 30,
2018

 
June 30,
2018

 
March 31,
2018

 
December 31,
2017

Interest and dividend income
$
11,051

 
$
10,457

 
$
10,290

 
$
10,035

Interest expense
(781
)
 
(730
)
 
(666
)
 
(601
)
Net interest income
10,270

 
9,727

 
9,624

 
9,434

 
 
 
 
 
 
 
 
Non-interest income
3,180

 
3,145

 
3,082

 
3,137

Non-interest expense (1)
(7,658
)
 
(7,122
)
 
(7,221
)
 
(7,176
)
 
 
 
 
 
 
 
 
Income before income taxes
5,792

 
5,750

 
5,485

 
5,395

 
 
 
 
 
 
 
 
Provision for income taxes
1,370

 
1,334

 
1,216

 
1,781

Net income
$
4,422

 
$
4,416

 
$
4,269

 
$
3,614

 
 
 
 
 
 
 
 
Net income per common share
 
 
 
 
 
 
 
Basic (2)
$
0.60

 
$
0.60

 
$
0.58

 
$
0.49

Diluted (2)
$
0.59

 
$
0.59

 
$
0.57

 
$
0.48

__________________________________________
(1) During the quarters ended December 31, 2017, March 31, 2018, June 30, 2018, and September 30, 2018 the Company incurred expenses related to the acquisition of South Sound Bank of $9, $80, $181, and $346, respectively.

(2) The net income per common share amounts for the quarters do not add to the total for the fiscal year due to rounding.