Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Data [Abstract]

Quarterly Results of Operations

2020 Quarter Ended	Dec. 31	Sept. 30	June 30	March 31
(In Thousands Except Per Share Amounts)
Total interest income	$20,579	$19,794	$19,004	$17,339
Total interest expense	1,355	1,500	1,547	1,649
Net interest income	19,224	18,294	17,457	15,690
(Benefit) provision for loan losses	(599)	567	404	2,060
Other operating income	17,732	21,628	17,535	6,433
Other operating expense	24,147	23,506	22,674	18,787
Income before provision for income taxes	13,408	15,849	11,914	1,276
Provision for income taxes	3,308	3,994	2,014	243
Net income	$10,100	$11,855	$9,900	$1,033
Earnings per share, basic	$1.62	$1.87	$1.54	$0.16
Earnings per share, diluted	$1.59	$1.84	$1.52	$0.16
2019 Quarter Ended	Dec. 31	Sept. 30	June 30	March 31
(In Thousands Except Per Share Amounts)
Total interest income	$18,062	$17,837	$17,306	$16,878
Total interest expense	1,652	1,531	1,349	1,109
Net interest income	16,410	16,306	15,957	15,769
(Benefit) provision for loan losses	(150)	(2,075)	300	750
Other operating income	9,735	10,509	9,569	7,533
Compensation expense, RML acquisition payments	468	—	—	—
Other operating expense	20,147	19,324	19,819	17,080
Income before provision for income taxes	5,680	9,566	5,407	5,472
Provision for income taxes	1,100	2,028	1,146	1,160
Net income	$4,580	$7,538	$4,261	$4,312
Earnings per share, basic	$0.70	$1.13	$0.62	$0.63
Earnings per share, diluted	$0.69	$1.11	$0.62	$0.62
2018 Quarter Ended	Dec. 31	Sept. 30	June 30	March 31
(In Thousands Except Per Share Amounts)
Total interest income	$17,207	$16,580	$15,595	$14,795
Total interest expense	1,070	761	606	532
Net interest income	16,137	15,819	14,989	14,263
Benefit for loan losses	(200)	—	(300)	—
Other operating income	7,718	8,673	8,314	7,462
Other operating expense	18,300	18,099	16,606	16,795
Income before provision for income taxes	5,755	6,393	6,997	4,930
Provision for income taxes	907	1,129	1,167	868
Net income	$4,848	$5,264	$5,830	$4,062
Earnings per share, basic	$0.70	$0.77	$0.85	$0.59
Earnings per share, diluted	$0.69	$0.75	$0.84	$0.58