Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Data (Unaudited)

Schedule Of Quarterly Financial Information

The following tables summarize the Company’s quarterly results of operations for the years ended December 31, 2019 and 2018.

	Three Months Ended
2019:	March 31,		June 30,		September 30,		December 31,
	(In thousands, except per share data)
Total interest income	$	6,315	$	6,648	$	6,921	$	7,150
Total interest expense		1,207		1,469		1,727		1,721
Net interest income		5,108		5,179		5,194		5,429
Provision for loan losses		90		120		120		578
Other income		945		947		1,003		993
General, administrative and other expense		4,162		4,172		4,162		3,986
Income before income taxes		1,801		1,834		1,916		1,858
Federal income taxes		187		188		135		89
Net income	$	1,614	$	1,646	$	1,781	$	1,769
Earnings per share
Basic	$	0.28	$	0.29	$	0.31	$	0.31
Diluted	$	0.28	$	0.29	$	0.31	$	0.31

	Three Months Ended
2018:	March 31,		June 30,		September 30,		December 31,
	(In thousands, except per share data)
Total interest income	$	4,625	$	5,107	$	5,523	$	6,065
Total interest expense		523		707		893		1,055
Net interest income		4,102		4,400		4,630		5,010
Provision for loan losses		57		72		72		96
Other income		880		888		897		995
General, administrative and other expense		3,579		3,754		3,855		5,235
Income before income taxes		1,346		1,462		1,600		674
Federal income taxes		198		250		269		83
Net income	$	1,148	$	1,212	$	1,331	$	591
Earnings per share
Basic	$	0.23	$	0.23	$	0.25	$	0.11
Diluted	$	0.23	$	0.23	$	0.25	$	0.11