Note 23 - Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Quarterly Financial Information [Text Block]

NOTE

23

- QUARTERLY FINANCIAL DATA (Unaudited)

	Interest		Net Interest		Net		Earnings per Share
	Income		Income		Income		Basic		Diluted
2017
First quarter	$	28,704,000	$	25,509,000	$	7,615,000	$	0.46	$	0.46
Second quarter		30,903,000		27,193,000		7,343,000		0.45		0.45
Third quarter		33,034,000		28,644,000		8,337,000		0.51		0.51
Fourth quarter		32,902,000		28,402,000		7,979,000		0.48		0.48
2016
First quarter	$	28,889,000	$	25,882,000	$	8,549,000	$	0.52	$	0.52
Second quarter		30,147,000		27,100,000		7,434,000		0.46		0.46
Third quarter		29,706,000		26,450,000		7,845,000		0.48		0.48
Fourth quarter		29,715,000		26,435,000		8,085,000		0.49		0.49

Net income for the

fourth

quarter of

2017

was impacted by

$1.3

million in federal income tax expense to revalue net deferred tax assets relating to the federal tax law change.