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Quarterly Condensed Statements of Income (Tables)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Schedule Of Quarterly Condensed Statements Of Income

The Company’s quarterly net income, net income per common share and dividends per common share during 2020 and 2019 are summarized as follows:

		2020
		March 31				June 30				September 30				December 31
		(in thousands, except per share amounts)
Total interest and dividend income		$	9,107			$	9,661			$	10,150			$	9,990
Net interest income after provision for loan losses			8,102				8,005				9,367				8,696
Noninterest income			1,690				2,422				2,216				2,251
Noninterest expenses			6,875				7,014				7,465				8,087
Income before income taxes			2,917				3,413				4,118				2,860
Net income			2,441				2,819				3,406				2,506
Net income per common share, basic			0.71				0.83				0.99				0.74
Net income per common share, diluted			0.71				0.83				0.99				0.74
Dividends per common share			0.26				0.26				0.26				0.26

		2019
		March 31				June 30				September 30				December 31
		(in thousands, except per share amounts)
Total interest and dividend income		$	8,593			$	8,750			$	9,084			$	9,027
Net interest income after provision for loan losses			7,430				7,433				7,835				7,888
Noninterest income			1,844				1,878				2,219				1,818
Noninterest expenses			6,231				6,824				7,411				6,310
Income before income taxes			3,043				2,487				2,643				3,396
Net income			2,571				2,126				2,231				2,831
Net income per common share, basic			0.74				0.62				0.65				0.83
Net income per common share, diluted			0.74				0.62				0.65				0.83
Dividends per common share			0.24				0.25				0.25				0.26