QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

The following table sets forth certain quarterly results for the years ended December 31, 2018 and 2017 (dollars in thousands, except per share data):

	Three Months Ended
	March 31		June 30	Sep. 30		Dec. 31
2018
Interest income	$	11,142	12,538	15,070		15,844
Interest expense	954		1,170	1,967		2,334
Net interest income	10,188		11,368	13,103		13,510
Provision for loan losses	79		224	659		(39	)
Net interest income after provision	10,109		11,144	12,444		13,549
Total non-interest income	2,636		2,791	2,921		2,702
Total non-interest expenses	9,549		10,711	10,317		9,925
Income before income taxes	3,196		3,224	5,048		6,326
Provision for income taxes	483		486	847		1,133
Net income	$	2,713	2,738	4,201		5,193
Earnings per common share:
Basic	$	0.27	0.25	0.32		0.40
Diluted	0.27		0.25	0.32		0.40
2017
Interest income	$	10,864	10,934	11,055		11,610
Interest expense	877		861	908		953
Net interest income	9,987		10,073	10,147		10,657
Provision for loan losses	15		222	(12	)	(10	)
Net interest income after provision	9,972		9,851	10,159		10,667
Total non-interest income	2,430		2,790	2,659		2,579
Total non-interest expenses	7,968		8,611	8,672		8,612
Income before income taxes	4,434		4,030	4,146		4,634
Provision for income taxes	1,188		1,027	1,040		1,017
Net income	$	3,246	3,003	3,106		3,617
Earnings per common share:
Basic	$	0.32	0.30	0.31		0.37
Diluted	0.32		0.30	0.31		0.36