XML 50 R29.htm IDEA: XBRL DOCUMENT v3.22.0.1
Note 21 - Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Quarterly Financial Information [Text Block]

21.

SELECTED QUARTERLY FINANCIAL DATA (Unaudited)

 

(Dollar amounts in thousands)

 

Three Months Ended

 
  

March 31,

  

June 30,

  

September 30,

  

December 31,

 
  

2021

  

2021

  

2021

  

2021

 
                 

Total interest and dividend income

 $13,142  $12,936  $13,447  $12,810 

Total interest expense

  1,244   1,049   952   820 
                 

Net interest income

  11,898   11,887   12,495   11,990 

Provision for loan losses

  700   200   -   (200)
                 

Net interest income after

                

provision for loan losses

  11,198   11,687   12,495   12,190 
                 

Total noninterest income

  2,218   1,632   1,821   1,535 

Total noninterest expense

  8,353   7,926   7,938   7,861 
                 

Income before income taxes

  5,063   5,393   6,378   5,864 

Income taxes

  896   968   1,174   1,027 
                 

Net income

 $4,167  $4,425  $5,204  $4,837 
                 

Per share data:

                

Net income

                
Basic $0.65  $0.70  $0.85  $0.81 
Diluted  0.65   0.70   0.85   0.81 

Average shares outstanding:

                
Basic  6,364,132   6,297,071   6,136,648   5,951,838 
Diluted  6,378,493   6,312,230   6,157,181   5,975,333 

 

(Dollar amounts in thousands)

 

Three Months Ended

 
  

March 31,

  

June 30,

  

September 30,

  

December 31,

 
  

2020

  

2020

  

2020

  

2020

 
                 

Total interest and dividend income

 $13,009  $13,155  $13,507  $12,967 

Total interest expense

  2,976   2,430   2,148   1,696 
                 

Net interest income

  10,033   10,725   11,359   11,271 

Provision for loan losses

  2,740   1,000   4,000   2,100 
                 

Net interest income after

                

provision for loan losses

  7,293   9,725   7,359   9,171 
                 

Total noninterest income

  1,074   1,495   1,811   1,610 

Total noninterest expense

  7,252   7,689   7,022   7,825 
                 

Income before income taxes

  1,115   3,531   2,148   2,956 

Income taxes

  74   565   295   467 
                 

Net income

 $1,041  $2,966  $1,853  $2,489 
                 

Per share data:

                

Net income

                
Basic $0.16  $0.47  $0.29  $0.39 
Diluted  0.16   0.46   0.29   0.39 

Average shares outstanding:

                
Basic  6,417,109   6,369,467   6,376,291   6,378,706 
Diluted  6,429,443   6,388,118   6,385,765   6,397,681