XML 57 R45.htm IDEA: XBRL DOCUMENT v3.23.1
Quarterly Financial Information (unaudited) (Tables)
12 Months Ended
Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information

 

 

2022

 

 

2021

 

 

 

Fourth

 

 

Third

 

 

Second

 

 

First

 

 

Fourth

 

 

Third

 

 

Second

 

 

First

 

 

 

(Dollars in thousands except share data)

 

Net interest income

 

$

16,166

 

 

$

17,611

 

 

$

15,488

 

 

$

17,338

 

 

$

16,782

 

 

$

15,440

 

 

$

13,732

 

 

$

12,892

 

Provision for loan losses

 

 

12,641

 

 

 

9,330

 

 

 

817

 

 

 

1,258

 

 

 

873

 

 

 

572

 

 

 

586

 

 

 

686

 

Net interest income after
   provision for loan losses

 

 

3,525

 

 

 

8,281

 

 

 

14,671

 

 

 

16,080

 

 

 

15,909

 

 

 

14,868

 

 

 

13,146

 

 

 

12,206

 

Noninterest income

 

 

437

 

 

 

1,577

 

 

 

2,179

 

 

 

2,226

 

 

 

19,169

 

 

 

3,234

 

 

 

8,341

 

 

 

3,893

 

Noninterest expense

 

 

15,765

 

 

 

25,416

 

 

 

16,567

 

 

 

28,074

 

 

 

15,854

 

 

 

14,732

 

 

 

13,641

 

 

 

12,915

 

Income (loss) before income taxes

 

 

(11,803

)

 

 

(15,558

)

 

 

283

 

 

 

(9,768

)

 

 

19,224

 

 

 

3,370

 

 

 

7,846

 

 

 

3,184

 

Provision (benefit) for income taxes

 

 

(2,589

)

 

 

(820

)

 

 

(488

)

 

 

(2,948

)

 

 

4,245

 

 

 

1,318

 

 

 

1,914

 

 

 

732

 

Net income (loss)

 

$

(9,214

)

 

$

(14,738

)

 

$

771

 

 

$

(6,820

)

 

$

14,979

 

 

$

2,052

 

 

$

5,932

 

 

$

2,452

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share

 

$

(0.40

)

 

$

(0.64

)

 

$

0.03

 

 

$

(0.31

)

 

$

0.90

 

 

$

0.12

 

 

$

0.35

 

 

$

0.15

 

Diluted earnings (loss) per share

 

$

(0.40

)

 

$

(0.64

)

 

$

0.03

 

 

$

(0.31

)

 

$

0.89

 

 

$

0.12

 

 

$

0.35

 

 

$

0.15

 

Basic weighted average
   common shares

 

 

23,168,097

 

 

 

23,094,859

 

 

 

23,056,559

 

 

 

21,721,113

 

 

 

16,864,929

 

 

 

16,823,731

 

 

 

16,737,037

 

 

 

16,548,196

 

Diluted weighted average
   common shares

 

 

23,168,097

 

 

 

23,094,859

 

 

 

23,128,911

 

 

 

21,721,113

 

 

 

16,924,785

 

 

 

16,914,833

 

 

 

16,773,606

 

 

 

16,548,196