Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Sep. 30, 2022

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

The following selected financial data is presented for the quarters ended (dollars in thousands, except per share amounts):

	September 30, 2022		June 30, 2022		March 31, 2022		December 31, 2021
Interest and dividend income	$	17,019	$	14,627	$	13,520	$	13,342
Interest expense	(756)		(645)		(627)		(646)
Net interest income	16,263		13,982		12,893		12,696
Provision for loan losses	270		—		—		—
Non-interest income	2,997		3,102		3,083		3,442
Non-interest expense	(10,155)		(9,874)		(9,333)		(9,264)
Income before income taxes	8,835		7,210		6,643		6,874
Provision for income taxes	1,785		1,472		1,316		1,389
Net income	$	7,050	$	5,738	$	5,327	$	5,485
Net income per common share
Basic (1)	$	0.86	$	0.69	$	0.64	$	0.66
Diluted	$	0.85	$	0.69	$	0.63	$	0.65

	September 30, 2021		June 30, 2021		March 31, 2021		December 31, 2020
Interest and dividend income	$	13,780	$	13,865	$	13,360	$	13,957
Interest expense	(670)		(708)		(793)		(933)
Net interest income	13,110		13,157		12,567		13,024
Non-interest income	3,450		4,266		4,886		4,559
Non-interest expense	(9,017)		(8,613)		(8,551)		(8,410)
Income before income taxes	7,543		8,810		8,902		9,173
Provision for income taxes	1,525		1,786		1,651		1,883
Net income	$	6,018	$	7,024	$	7,251	$	7,290
Net income per common share
Basic	$	0.72	$	0.84	$	0.87	$	0.88
Diluted	$	0.71	$	0.83	$	0.86	$	0.87

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(1) The net income per common share amounts for the quarters do not add to the total for the fiscal year due to rounding.