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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2021
Selected Quarterly Financial Data (Unaudited) [Abstract]  
Quarterly Financial Information
The following tables summarize the unaudited condensed results of operations for each of the quarters during the fiscal years ended December 31, 2021 and 2020:
 
   
For the three months ended
 

 
March 31,
2021
   
June 30,
2021
   
September 30,
2021
   
December 31,
2021
 
Net interest income
 
$
12,313
   
$
13,665
   
$
13,279
   
$
13,979
 
Provision for loan losses
   
1,275
     
1,300
     
750
     
850
 
Noninterest income
   
337
     
579
     
577
     
757
 
Noninterest expense
   
4,545
     
4,875
     
4,779
     
6,198
 
Income before income taxes
   
6,830
     
8,069
     
8,327
     
7,688
 
Income tax expense
   
1,726
     
1,964
     
2,063
     
2,002
 
Net income
 
$
5,104
   
$
6,105
   
$
6,264
   
$
5,686
 
EPS
                               
Basic
 
$
0.56
   
$
0.67
   
$
0.69
   
$
0.64
 
Diluted
 
$
0.56
   
$
0.67
   
$
0.69
   
$
0.63
 

   
For the three months ended
 
    
March 31,
2020
   
June 30,
2020
   
September 30,
2020
   
December 31,
2020
 
Net interest income
 
$
11,432
   
$
11,929
   
$
11,601
   
$
12,199
 
Provision for loan losses
   
650
     
1,400
     
1,250
     
2,050
 
Noninterest income
   
330
     
301
     
334
     
700
 
Noninterest expense
   
4,353
     
4,123
     
4,584
     
4,532
 
Income before income taxes
   
6,759
     
6,707
     
6,101
   
6,317
 
Income tax expense
   
1,708
     
1,671
     
1,661
     
1,578
 
Net income
 
$
5,051
   
$
5,036
   
$
4,440
 
$
4,739
 
EPS(1)
                               
Basic
 
$
0.51
   
$
0.54
   
$
0.48
 
$
0.52
 
Diluted
 
$
0.51
   
$
0.54
   
$
0.48
 
$
0.52
 

(1) The quarterly EPS amounts, when added, may not coincide with the full fiscal year EPS reported on the Consolidated Statements of Income due to differences in the computed weighted average shares outstanding as well as  rounding differences.