Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Sep. 30, 2023

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


	September 30, 2023		June 30, 2023		March 31, 2023		December 31, 2022
Interest and dividend income	$	21,562	$	19,889	$	19,387	$	19,112
Interest expense	(4,731)		(3,255)		(2,236)		(1,369)
Net interest income	16,831		16,634		17,151		17,743

Provision for loan losses	(522)		(610)		(475)		(525)
Non-interest income	2,924		2,875		2,636		2,705
Non-interest expense	(10,967)		(10,927)		(10,944)		(10,535)

Income before income taxes	8,266		7,972		8,368		9,388

Provision for income taxes	1,624		1,666		1,705		1,881
Net income	$	6,642	$	6,306	$	6,663	$	7,507







Net income per common share
Basic (1)	$	0.82	$	0.77	$	0.81	$	0.91
Diluted (1)	$	0.81	$	0.77	$	0.80	$	0.90


	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	$	0.86	$	0.69	$	0.64	$	0.66
Diluted	$	0.85	$	0.69	$	0.63	$	0.65

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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.