XML 44 R32.htm IDEA: XBRL DOCUMENT v3.22.0.1

QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2021

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY FINANCIAL DATA (UNAUDITED)

Note 24—QUARTERLY FINANCIAL DATA (UNAUDITED)

The following provides quarterly financial data for 2021, 2020 and 2019 (dollars in thousands, except per share amounts).

Schedule of Unaudited Quarterly Financial Data

2021		Fourth Quarter				Third Quarter				Second Quarter				First Quarter
Interest income		$	11,656			$	12,982			$	11,664			$	11,218
Net interest income			11,164				12,456				11,092				10,567
Provision for loan losses			(59	)			49				168				177
Gain on sale of securities			—				—				—				—
Income before income taxes			4,971				6,066				4,464				4,146
Net income			3,919				4,748				3,543				3,255
Net income available to common shareholders			3,919				4,748				3,543				3,255
Net income per share, basic		$	0.52			$	0.63			$	0.47			$	0.44
Net income per share, diluted		$	0.52			$	0.63			$	0.47			$	0.43
2020		Fourth Quarter				Third Quarter				Second Quarter				First Quarter
Interest income		$	11,426			$	10,976			$	10,666			$	10,710
Net interest income			10,687				10,176				9,743				9,417
Provision for loan losses			276				1,062				1,250				1,075
Gain on sale of securities			—				99				—				—
Income before income taxes			4,364				3,250				2,749				2,232
Net income			3,436				2,652				2,217				1,794
Net income available to common shareholders			3,436				2,652				2,217				1,794
Net income per share, basic		$	0.46			$	0.36			$	0.30			$	0.24
Net income per share, diluted		$	0.46			$	0.35			$	0.30			$	0.24
2019		Fourth Quarter				Third Quarter				Second Quarter				First Quarter
Interest income		$	10,786			$	10,864			$	10,606			$	10,374
Net interest income			9,360				9,353				9,116				9,020
Provision for loan losses			—				25				9				105
Gain on sale of securities			1				—				164				(29	)
Income before income taxes			3,425				3,651				3,653				3,101
Net income			2,697				2,898				2,881				2,495
Net income available to common shareholders			2,698				2,898				2,881				2,495
Net income per share, basic		$	0.36			$	0.39			$	0.38			$	0.33
Net income per share, diluted		$	0.36			$	0.39			$	0.37			$	0.33

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