Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

The following tables are a summary of certain quarterly financial data for the years ended December 31, 2019 and 2018: 

	2019 Quarter Ended
	March 31		June 30		September 30			December 31
	(Dollars in thousands, except per share data)
Selected Operating Data:
Interest income	$	39,466	$	40,193	$	42,847		$	42,637
Interest expense	12,136		13,034		14,027			14,161
Net interest income	27,330		27,159		28,820			28,476
Provision (recoveries) for loan losses	59		491		(1,300		)	772
Net interest income after provision for loan losses	27,271		26,668		30,120			27,704
Other income	3,314		2,566		4,733			4,195
Other expenses	19,204		18,750		16,869			18,726
Income before income tax  expense	11,381		10,484		17,984			13,173
Income tax expense	2,610		2,280		4,845			3,052
Net income	$	8,771	$	8,204	$	13,139		$	10,121
Net income per basic common share	$	0.19	$	0.18	$	0.28		$	0.22
Net income per diluted common share	$	0.19	$	0.17	$	0.28		$	0.21
	2018 Quarter Ended
	March 31		June 30		September 30			December 31
	(Dollars in thousands, except per share data)
Selected Operating Data:
Interest income	$	34,682	$	35,935	$	37,727		$	38,948
Interest expense	7,138		8,165		9,803			10,944
Net interest income	27,544		27,770		27,924			28,004
Provision for loan losses	34		670		1,304			607
Net interest income after provision for loan losses	27,510		27,100		26,620			27,397
Other income	2,405		2,445		2,637			640
Other expenses	17,126		17,040		17,100			15,777
Income before income tax expense	12,789		12,505		12,157			12,260
Income tax expense	2,344		1,893		3,081			2,314
Net income	$	10,445	$	10,612	$	9,076		$	9,946
Net income per basic common share	$	0.23	$	0.23	$	0.19		$	0.21
Net income per diluted common share	$	0.22	$	0.23	$	0.19		$	0.21