XML 44 R27.htm IDEA: XBRL DOCUMENT v2.4.0.6
Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2011
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)

Note 20 - Quarterly Financial Data (Unaudited)

 

    Year Ended December 2011  
    First Quarter     Second Quarter     Third Quarter     Fourth Quarter  
    (In Thousands)  
       
Interest income   $ 13,054     $ 13,250     $ 12,728     $ 13,847  
Interest expense     3,382       3,368       3,334       3,213  
Net Interest Income     9,672       9,882       9,394       10,634  
Provision for loan losses     350       450       800       2,500  
Net Interest Income after Provision for loan losses     9,322       9,432       8,594       8,134  
Non-interest income     453       429       182       886  
Non-interest expense     6,629       6,557       6,748       8,074  
Income before Income Taxes     3,146       3,304       2,028       946  
Income taxes     1,225       1,352       840       (44 )
Net Income   $ 1,921     $ 1,952     $ 1,188     $ 990  
Net income per common share:                                
Basic   $ 0.20     $ 0.21     $ 0.13     $ 0.10  
Diluted   $ 0.20     $ 0.21     $ 0.13     $ 0.10  
Dividends per common share   $ 0.12     $ 0.12     $ 0.12     $ 0.12  

   

 

Year Ended December 2010

 
    First Quarter     Second Quarter     Third Quarter     Fourth Quarter  
    (In Thousands)  
                         
Interest income   $ 7,960     $ 7,718     $ 11,993     $ 12,429  
Interest expense     3,218       3,027       3,888       3,535  
Net Interest Income     4,742       4,691       8,105       8,894  
Provision for loan losses     450       300       800       900  
Net Interest Income after Provision for loan losses     4,292       4,391       7,305       7,994  
Non-interest income     241       304       12,976       341  
Non-interest expense     3,269       3,179       8,638       6,927  
Income before Income Taxes     1,264       1,516       11,643       1,408  
Income taxes     546       594       (299 )     664  
Net Income   $ 718     $ 922     $ 11,942     $ 744  
Net income per common share:                                
Basic   $ 0.15     $ 0.20     $ 1.28     $ 0.43  
Diluted   $ 0.15     $ 0.20     $ 1.28     $ 0.42  
Dividends per common share   $ 0.12     $ 0.12     $ 0.12     $ 0.12