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Quarterly Results of Operations (Unaudited)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
Quarterly Results of Operations (Unaudited)
 
The following is a summary of selected financial data presented below by quarter for the periods indicated:
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
(dollars in thousands, except per share data)
For the year ended December 31, 2015:
 
 
 
 
 
 
 
 
Interest income
 
$
26,626

 
$
30,071

 
$
29,747

 
$
31,911

Interest expense
 
2,952

 
2,978

 
3,051

 
3,074

Provision for estimated loan losses
 
1,830

 
1,833

 
1,062

 
1,700

Noninterest income
 
1,470

 
4,380

 
4,378

 
4,217

Noninterest expense
 
20,469

 
17,214

 
17,374

 
18,539

Income tax provision
 
1,056

 
4,601

 
4,801

 
4,750

Net income
 
$
1,789

 
$
7,825

 
$
7,837

 
$
8,065

Earnings per share:
 
 

 
 

 
 

 
 

Basic
 
$
0.09

 
$
0.36

 
$
0.36

 
$
0.38

Diluted
 
$
0.09

 
$
0.36

 
$
0.36

 
$
0.37

For the year ended December 31, 2014:
 
 

 
 

 
 

 
 

Interest income
 
$
18,156

 
$
19,314

 
$
21,333

 
$
22,536

Interest expense
 
1,387

 
1,533

 
2,014

 
2,770

Provision for estimated loan losses
 
949

 
1,030

 
1,284

 
1,421

Noninterest income
 
1,918

 
2,388

 
4,168

 
4,903

Noninterest expense
 
13,541

 
11,641

 
13,343

 
16,468

Income tax provision
 
1,565

 
2,855

 
3,410

 
2,889

Net income (loss)
 
$
2,632

 
$
4,643

 
$
5,450

 
$
3,891

Earnings per share:
 
 

 
 

 
 

 
 

Basic
 
$
0.15

 
$
0.28

 
$
0.32

 
$
0.23

Diluted
 
$
0.15

 
$
0.27

 
$
0.31

 
$
0.23