Selected Quarterly Financial Data

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

Results of operations on a quarterly basis were as follows:

	Year Ended December 31, 2018
	First   Quarter		Second   Quarter		Third   Quarter		Fourth   Quarter
	(Dollars in thousands, except per share amounts)
Interest income	$	43,247	$	46,671	$	54,576	$	54,865
Interest expense	2,410		2,928		3,480		3,595
Net interest income	40,837		43,743		51,096		51,270
Provision for loan losses	1,152		1,750		1,065		1,162
Net interest income after provision for loan losses	39,685		41,993		50,031		50,108
Noninterest income	7,548		7,573		8,080		8,464
Noninterest expense	36,747		35,706		39,597		37,345
Income before provision for income taxes	10,486		13,860		18,514		21,227
Income tax expense	1,399		2,003		3,010		4,618
Net income	$	9,087	$	11,857	$	15,504	$	16,609
Basic earnings per common share	$	0.27	$	0.35	$	0.42	$	0.45
Diluted earnings per common share	0.27		0.35		0.42		0.45
Cash dividends declared on common stock	0.15		0.15		0.15		0.27
	Year Ended December 31, 2017
	First   Quarter		Second   Quarter		Third   Quarter		Fourth   Quarter
	(Dollars in thousands, except per share amounts)
Interest income	$	34,849	$	36,041	$	37,275	$	39,544
Interest expense	1,717		1,907		2,333		2,389
Net interest income	33,132		34,134		34,942		37,155
Provision for loan losses	867		1,131		884		1,338
Net interest income after provision for loan losses	32,265		33,003		34,058		35,817
Noninterest income	7,363		10,709		8,443		9,064
Noninterest expense	27,223		27,809		27,955		27,588
Income before provision for income taxes	12,405		15,903		14,546		17,293
Income tax expense	3,089		4,075		3,922		7,270
Net income	$	9,316	$	11,828	$	10,624	$	10,023
Basic earnings per common share	$	0.31	$	0.40	$	0.35	$	0.33
Diluted earnings per common share	0.31		0.40		0.35		0.33
Cash dividends declared on common stock	0.12		0.13		0.13		0.23