NOTE 23 - QUARTERLY FINANCIAL COMPARISON (Unaudited)


	2018
	Fourth	Third	Second	First
(dollars in thousands)	Quarter	Quarter	Quarter	Quarter

Interest and dividend income	$ 17,043	$ 16,484	$ 15,754	$ 15,892
Interest expense	4,217	3,724	3,343	3,002
Net interest income	12,826	12,760	12,411	12,890
Provision for loan losses	465	40	400	500
Net interest income after provision	12,361	12,720	12,011	12,390

Noninterest income	1,067	1,069	901	1,031
Noninterest expense	8,240	8,491	9,750	11,668

Income before income taxes	5,188	5,298	3,162	1,753
Provision for income taxes	1,371	1,441	828	533
Net Income Available to Common Stockholders	$ 3,817	$ 3,857	$ 2,334	$ 1,220

Earnings Per Common Share1
Basic	$ 0.69	$ 0.70	$ 0.42	$ 0.22
Diluted	$ 0.69	$ 0.70	$ 0.42	$ 0.22


	2017
	Fourth	Third	Second	First
(dollars in thousands)	Quarter	Quarter	Quarter	Quarter

Interest and dividend income	$ 13,573	$ 13,680	$ 13,395	$ 12,922
Interest expense	2,800	2,672	2,462	2,248
Net interest income	10,773	11,008	10,933	10,674
Provision for loan losses	30	224	376	380
Net interest income after provision	10,743	10,784	10,557	10,294

Noninterest income	993	1,157	1,043	848
Noninterest expense	7,739	7,442	7,521	7,352

Income before income taxes	3,997	4,499	4,079	3,790
Provision for income taxes	4,456	1,717	1,536	1,448
Net (Loss) Income Available to Common Stockholders	$ (459)	$ 2,782	$ 2,543	$ 2,342
Preferred stock dividends	-	-	-	-

Earnings Per Common Share1
Basic	$ (0.10)	$ 0.60	$ 0.55	$ 0.51
Diluted	$ (0.10)	$ 0.60	$ 0.55	$ 0.51


	2016
	Fourth	Third	Second	First
(dollars in thousands)	Quarter	Quarter	Quarter	Quarter

Interest and dividend income	$ 12,584	$ 12,223	$ 11,928	$ 11,312
Interest expense	2,111	2,079	2,033	1,919
Net interest income	10,473	10,144	9,895	9,393
Provision for loan losses	670	698	564	427
Net interest income after provision	9,803	9,446	9,331	8,966

Noninterest income	887	839	1,225	845
Noninterest expense	7,312	7,308	7,740	7,235

Income before income taxes	3,378	2,977	2,816	2,576
Provision for income taxes	1,356	1,014	1,078	968
Net Income Available to Common Stockholders	$ 2,022	$ 1,963	$ 1,738	$ 1,608
Preferred stock dividends	-	-	-	-

Earnings Per Common Share1
Basic	$ 0.44	$ 0.43	$ 0.38	$ 0.35
Diluted	$ 0.44	$ 0.42	$ 0.38	$ 0.35

(1) Earnings per share are based upon quarterly results and, when added, may not total the annual earnings per share amounts.