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Selected Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Results of operations on a quarterly basis
Results of operations on a quarterly basis were as follows:
 
Year Ended December 31, 2019
 
First
  Quarter  
 
Second
  Quarter  
 
Third
  Quarter  
 
Fourth
  Quarter  
 
(Dollars in thousands, except per share amounts)
Interest income
$
53,807

 
$
55,216

 
$
54,884

 
$
53,943

Interest expense
4,019

 
4,680

 
4,641

 
4,828

Net interest income
49,788

 
50,536

 
50,243

 
49,115

Provision for loan losses
920

 
1,367

 
466

 
1,558

Net interest income after provision for loan losses
48,868

 
49,169

 
49,777


47,557

Noninterest income
7,429

 
7,564

 
8,458

 
9,011

Noninterest expense
36,525

 
37,547

 
36,719

 
35,997

Income before provision for income taxes
19,772

 
19,186

 
21,516


20,571

Income tax expense
3,220

 
3,202

 
3,621

 
3,445

Net income
$
16,552

 
$
15,984

 
$
17,895


$
17,126

Basic earnings per common share
$
0.45

 
$
0.43

 
$
0.49

 
$
0.47

Diluted earnings per common share
0.45

 
0.43

 
0.48

 
0.47

Cash dividends declared on common stock
0.18

 
0.18

 
0.19

 
0.29

 
 
Year Ended December 31, 2018
 
First
  Quarter  
 
Second
  Quarter  
 
Third
  Quarter  
 
Fourth
  Quarter  
 
(Dollars in thousands, except per share amounts)
Interest income
$
43,247

 
$
46,669

 
$
54,606

 
$
54,884

Interest expense
2,410

 
2,928

 
3,480

 
3,595

Net interest income
40,837

 
43,741

 
51,126

 
51,289

Provision for loan losses
1,152

 
1,750

 
1,065

 
1,162

Net interest income after provision for loan losses
39,685

 
41,991

 
50,061

 
50,127

Noninterest income
7,548

 
7,575

 
8,050

 
8,445

Noninterest expense
36,747

 
35,706

 
39,461

 
37,273

Income before provision for income taxes
10,486

 
13,860

 
18,650

 
21,299

Income tax expense
1,399

 
2,003

 
3,146

 
4,690

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