Quarterly Condensed Financial Information (Tables)

12 Months Ended

Dec. 31, 2014

The following table presents the unaudited quarterly financial information for the years ended December 31, 2014 and 2013:



	2014
(in thousands, except per share data)	4th Quarter		3rd Quarter			2nd Quarter			1st Quarter
Interest income	$	34,385	$	31,036		$	32,309		$	34,024
Interest expense	3,569		3,592			3,567			3,658
Net interest income	30,816		27,444			28,742			30,366
Provision for loan losses not covered under FDIC loss share	1,968		66			1,348			1,027
Provision (benefit) for loan losses covered under FDIC loss share	126		(1,877		)	(470		)	3,304
Net interest income after provision for loan losses	28,722		29,255			27,864			26,035
Noninterest income	4,852		4,452			3,405			3,922
Noninterest expense	24,795		21,121			20,445			21,102
Income before income tax expense	8,779		12,586			10,824			8,855
Income tax expense	2,812		4,388			3,664			3,007
Net income	$	5,967	$	8,198		$	7,160		$	5,848

Earnings per common share:
Basic	$	0.30	$	0.41		$	0.36		$	0.30
Diluted	0.30		0.41			0.36			0.30

	2013
(in thousands, except per share data)	4th Quarter		3rd Quarter			2nd Quarter			1st Quarter
Interest income	$	36,435	$	36,883		$	38,061		$	41,910
Interest expense	4,064		4,309			4,753			5,011
Net interest income	32,371		32,574			33,308			36,899
Provision (benefit) for loan losses not covered under FDIC loss share	2,452		(652		)	(4,295		)	1,853
Provision benefit) for loan losses covered under FDIC loss share	2,185		2,811			(2,278		)	2,256
Net interest income after provision for loan losses	27,734		30,415			39,881			32,790
Noninterest income	4,946		3,716			(1,677		)	2,914
Noninterest expense	28,199		21,008			21,147			20,285
Income before income tax expense	4,481		13,123			17,057			15,419
Income tax expense	860		4,713			6,024			5,379
Net income	$	3,621	$	8,410		$	11,033		$	10,040

Earnings per common share:
Basic	0.19		$	0.45		$	0.61		$	0.56
Diluted	0.18		0.44			0.58			0.53