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Quarterly Condensed Statements of Income (Tables)

12 Months Ended

Dec. 31, 2021

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 2021 and 2020 are summarized as follows:

		2021
		March 31				June 30				September 30				December 31
		(in thousands, except per share amounts)
Total interest and dividend income		$	10,016			$	10,413			$	10,782			$	11,465
Net interest income after provision for loan losses			8,930				9,695				10,099				10,792
Noninterest income			2,427				2,650				2,881				3,362
Noninterest expenses			7,916				8,727				9,523				11,883
Income before income taxes			3,441				3,618				3,457				2,271
Net income			2,862				3,003				2,873				2,283
Net income per common share, basic			0.84				0.87				0.83				0.66
Net income per common share, diluted			0.84				0.87				0.83				0.66
Dividends per common share			0.27				0.27				0.28				0.28

		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