Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Summarized Unaudited Quarterly Financial Data

Summarized unaudited quarterly financial data follows for the three months ended:

	2020 Quarter Ended,
	March 31		June 30		September 30		December 31
	(Dollars in thousands, except per share data)
Interest income	$	14,345	$	12,920	$	13,016	$	13,375
Interest expense		3,229		2,272		1,597		1,194
Net interest income before provision for loan losses		11,116		10,648		11,419		12,181
Provision for loan losses		743		1,988		1,399		1,831
Net interest income after provision for loan losses		10,373		8,660		10,020		10,350
Noninterest income		2,296		2,062		3,021		3,392
Noninterest expense		8,207		7,334		7,987		8,412
Income before income tax provision		4,462		3,388		5,054		5,330
Income tax provision		1,163		972		1,459		1,513
Net income	$	3,299	$	2,416	$	3,595	$	3,817
Basic earnings per common share	$	0.21	$	0.16	$	0.23	$	0.25
Diluted earnings per common share	$	0.21	$	0.16	$	0.23	$	0.25

	2019 Quarter Ended,
	March 31		June 30		September 30		December 31
	(Dollars in thousands, except per share data)
Interest income	$	14,086	$	14,878	$	15,112	$	14,703
Interest expense		3,288		3,701		3,893		3,625
Net interest income before provision for loan losses		10,798		11,177		11,219		11,078
Provision for loan losses		—		401		290		411
Net interest income after provision for loan losses		10,798		10,776		10,929		10,667
Noninterest income		3,533		2,647		2,733		2,513
Noninterest expense		8,073		8,358		8,424		7,665
Income before income tax provision		6,258		5,065		5,238		5,515
Income tax provision		1,518		1,229		1,238		1,334
Net income	$	4,740	$	3,836	$	4,000	$	4,181
Basic earnings per common share	$	0.29	$	0.24	$	0.25	$	0.26
Diluted earnings per common share	$	0.29	$	0.23	$	0.24	$	0.26