CONSOLIDATED CONDENSED QUARTERLY DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2020

CONSOLIDATED CONDENSED QUARTERLY DATA (UNAUDITED) [Abstract]

CONSOLIDATED CONDENSED QUARTERLY DATA (UNAUDITED)

21. CONSOLIDATED CONDENSED QUARTERLY DATA (UNAUDITED)

The following table presents summarized quarterly financial data for 2020 and 2019:

(in thousands, except share data)				Three Months Ended,
2020	Mar 31			June 30		Sep 30		Dec 31
Interest income	$	15,339		$	18,160	$	18,386	$	18,411
Interest expense		2,449			1,874		1,916		1,866
Net interest income		12,890			16,286		16,470		16,545
Provision for loan losses		400			550		550		900
Non-interest income		2,105			1,941		3,386		3,726
Investment securities gains, net		(254	)		128		152		238
Non-interest expenses		8,921			11,413		9,692		10,821
Income before provision for income taxes		5,420			6,392		9,766		8,788
Provision for income taxes		889			1,054		1,759		1,561
Net income	$	4,531		$	5,338	$	8,007	$	7,227
Earnings Per Share Basic	$	1.27		$	1.39	$	2.04	$	1.85
Earnings Per Share Diluted	$	1.27		$	1.39	$	2.04	$	1.85

			Three Months Ended,
2019	Mar 31		June 30		Sep 30		Dec 31
Interest income	$	15,017	$	15,502	$	15,874	$	15,587
Interest expense		3,102		3,166		2,975		2,797
Net interest income		11,915		12,336		12,899		12,790
Provision for loan losses		400		350		400		525
Non-interest income		2,022		1,997		2,140		2,083
Investment securities gains, net		11		30		37		66
Non-interest expenses		8,322		8,237		8,414		8,368
Income before provision for income taxes		5,226		5,776		6,262		6,046
Provision for income taxes		821		930		1,066		1,003
Net income	$	4,405	$	4,846	$	5,196	$	5,043
Earnings Per Share Basic	$	1.24	$	1.36	$	1.46	$	1.42
Earnings Per Share Diluted	$	1.24	$	1.36	$	1.46	$	1.42