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Selected Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2020
Selected Quarterly Financial Data [Abstract]  
Schedule of Quarterly Financial Data

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

(In thousands)

2020

2019

2020

2019

2020

2019

2020

2019

Interest and dividend income

$

14,089

$

12,129

$

14,654

$

12,731

$

15,178

$

13,316

$

16,482

$

13,362

Interest expense

2,017

1,971

1,619

2,130

1,183

2,259

1,112

1,788

Net interest and dividend income

12,072

10,158

13,035

10,601

13,995

11,057

15,370

11,574

Provision for loan losses

3,099

1,462

872

1,354

760

833

866

1,677

Gain on sale of securities, net

113

Other income

1,010

933

704

1,056

911

1,040

918

969

Total noninterest income

1,010

1,046

704

1,056

911

1,040

918

969

Total noninterest expense

8,306

6,746

8,361

6,883

9,686

6,460

9,455

7,466

Income tax expense

446

778

1,256

889

1,258

1,295

1,665

849

Net income

$

1,231

$

2,218

$

3,250

$

2,531

$

3,202

$

3,509

$

4,302

$

2,551

Earnings per share (1):

Basic

$

0.06

$

0.12

$

0.18

$

0.14

$

0.18

$

0.19

$

0.24

$

0.15

Diluted

$

0.06

$

0.12

$

0.18

$

0.14

$

0.18

$

0.19

$

0.24

$

0.15

Weighted Average Shares (1):

Basic

18,115,970

18,730,676

18,150,106

18,758,735

18,185,995

18,786,692

17,912,975

18,006,471

Diluted

18,261,282

18,807,840

18,179,858

18,895,918

18,222,766

18,965,924

18,007,580

18,135,220

___________________

(1)    Share amounts related to periods prior to the date of the Conversion (October 16, 2019) have been restated to give the retroactive recognition to the exchange ratio applied in the Conversion (2.0212-to-one).