Quarterly Financial Results (unaudited)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Results (unaudited) [Abstract]

Note 23. Quarterly Financial Results (unaudited)

A summary of selected consolidated quarterly financial data for each of the years in the three-year period ended December 31, 2012 follows:

	First			Second			Third		Fourth
(in thousands, except per share data)	Quarter			Quarter			Quarter		Quarter

2012
Interest income	$	45,824		$	45,953		$	46,441	$	47,203
Net interest income		39,504			40,185			40,932		42,243
Provision for loan losses		1,034			634			1,413		2,488
Net income before taxes		12,599			15,545			16,371		18,012
Net income		8,365			10,440			11,349		11,730
Net income available to common stockholders		7,206			7,785			11,349		11,730
Basic net income per share available to common stockholders	$	0.21		$	0.23		$	0.33	$	0.35
Diluted net income per share available to common stockholders	$	0.21		$	0.23		$	0.33	$	0.34

2011
Interest income	$	47,224		$	47,789		$	46,888	$	46,446
Net interest income		29,882			31,208			34,723		33,854
Provision for loan losses		6,139			6,587			3,632		5,439
Net income before taxes		3,505			6,660			9,128		9,207
Net income		3,505			6,372			26,101		7,760
Net income available to common stockholders		2,011			4,844			24,537		5,681
Basic net income per share available to common stockholders	$	0.06		$	0.14		$	0.74	$	0.17
Diluted net income per share available to common stockholders	$	0.06		$	0.14		$	0.72	$	0.17

2010
Interest income	$	52,690		$	50,929		$	50,650	$	49,079
Net interest income		36,560			35,697			36,060		36,056
Provision for loan losses		13,226			30,509			4,789		5,171
Net (loss) income before taxes		(4,347	)		(20,734	)		2,091		3,098
Net (loss) income		(3,822	)		(26,364	)		2,091		3,796
Net (loss) income available to common stockholders		(5,368	)		(27,871	)		549		2,248
Basic net (loss) income per share available to common stockholders	$	(0.16	)	$	(0.85	)	$	0.02	$	0.07
Diluted net (loss) income per share available to common stockholders	$	(0.16	)	$	(0.85	)	$	0.02	$	0.07

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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