Note 19 - Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Quarterly Financial Information [Text Block]

Note

19.

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

	2019
	Quarter Ended
(in thousands, except share data)	March 31,			June 30,		September 30,		December 31,
Interest income	$	11,609		$	11,462	$	11,506	$	11,479
Interest expense		2,663			2,508		2,455		2,170
Net interest income		8,946			8,954		9,051		9,309
(Credit) provision for loan and lease losses		(154	)		347		637		(33	)
Net interest income after (credit) provision for loan and lease losses		9,100			8,607		8,414		9,342
Non-interest income		1,515			1,578		1,831		2,696
Non-interest expense		7,425			7,122		7,329		7,806
Income before income taxes		3,190			3,063		2,916		4,232
Income tax expense		555			514		513		744
Net income	$	2,635		$	2,549	$	2,403	$	3,488
Earnings per share:
Basic	$	0.14		$	0.13	$	0.12	$	0.17
Diluted	$	0.14		$	0.13	$	0.12	$	0.17

	2018
	Quarter Ended
(in thousands, except share data)	March 31,		June 30,		September 30,		December 31,
Interest income	$	10,440	$	11,234	$	11,693	$	11,718
Interest expense		1,562		1,997		2,438		2,581
Net interest income		8,878		9,237		9,255		9,137
Provision (credit) for loan and lease losses		720		880		1,149		(199	)
Net interest income after provision (credit) for loan and lease losses		8,158		8,357		8,106		9,336
Non-interest income		1,519		1,529		1,320		7,422
Non-interest expense		7,232		6,966		7,188		7,941
Income before income taxes		2,445		2,920		2,238		8,817
Income tax expense		426		508		388		1,749
Net income	$	2,019	$	2,412	$	1,850	$	7,068
Earnings per share:
Basic	$	0.12	$	0.14	$	0.11	$	0.42
Diluted	$	0.12	$	0.14	$	0.11	$	0.42