Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2023

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

Quarterly Financial Data (Unaudited)

A summary of consolidated financial data for each of the four quarters of 2023 and 2022 is presented below:

	Quarters in 2023 Ended
	March 31,		June 30,		Sept. 30,		Dec 31,
	(Dollars in thousands, except per share data)
Interest and dividend income	$	13,044	$	13,803	$	14,847	$	15,416
Interest expense	3,069		4,185		5,699		6,314
Net interest income	9,975		9,618		9,148		9,102
Credit loss expense (benefit)	74		(96)		(139)		(338)
Noninterest income	2,285		2,483		2,467		2,669
Noninterest expenses	8,750		9,063		8,926		8,630
Net income	2,977		2,699		2,532		3,049
Basic earnings per common share	$	0.66	$	0.60	$	0.56	$	0.68
Diluted earnings per common share	$	0.66	$	0.60	$	0.55	$	0.67

	Quarters in 2022 Ended
	March 31,		June 30,		Sept. 30,		Dec 31,
	(Dollars in thousands, except per share data)
Interest and dividend income	$	9,726	$	10,404	$	11,463	$	12,355
Interest expense	763		733		1,023		2,005
Net interest income	8,963		9,671		10,440		10,350
Noninterest income	2,230		2,279		2,540		2,404
Noninterest expenses	8,289		8,409		8,439		8,493
Net income	2,482		2,931		3,758		3,444
Basic earnings per common share	$	0.55	$	0.65	$	0.84	$	0.77
Diluted earnings per common share	$	0.55	$	0.65	$	0.83	$	0.76