Summary of Quarterly Results

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Summary of Quarterly Results

Note 10. Summary of Quarterly Results

The following are the quarterly results of operations for the year ended December 31, 2018 and period from September 13, 2017 (Commencement of Operations) through December 31, 2017. The following information reflects all normal recurring adjustments necessary for a fair presentation of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period.

	Quarter Ended
	December 31, 2018		September 30, 2018		June 30, 2018		March 31, 2018
Net interest income	$	1,894	$	1,724	$	901	$	417
Net other expenses		354		311		165		115
Net income	$	1,540	$	1,413	$	736	$	302
Per share information-basic and diluted
Net income per share of common stock	$	0.51	$	0.55	$	0.41	$	0.24
Weighted average common stock outstanding		3,026,364		2,551,864		1,780,663		1,256,174

	Quarter Ended
	December 31, 2017		September 30, 2017
Net interest income	$	263	$	55
Net other expenses		85		13
Net income	$	178	$	42
Per share information-basic and diluted
Net income per share of common stock	$	0.20	$	0.25
Weighted average common stock outstanding		901,821		171,417

The sum of quarterly per share amounts does not equal per share amounts reported for the years ended December 31, 2018 and 2017. This is due to changes in the number of weighted-average shares outstanding and the effects of rounding for each period.