Condensed Quarterly Earnings (unaudited) |
Condensed Quarterly Earnings (unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2014 | | 2013 | | | First Quarter | | Second Quarter | | Third Quarter | | Fourth Quarter | | First Quarter | | Second Quarter | | Third Quarter | | Fourth Quarter | | | (Dollars in Thousands, Except per share data) | Interest income | | $ | 13,402 |
| | $ | 13,565 |
| | $ | 13,871 |
| | $ | 16,863 |
| | $ | 13,319 |
| | $ | 13,142 |
| | $ | 13,586 |
| | $ | 13,763 |
| Interest expense | | (2,601 | ) | | (2,766 | ) | | (2,936 | ) | | (3,268 | ) | | (3,090 | ) | | (2,949 | ) | | (2,887 | ) | | (2,779 | ) | Net interest income | | 10,801 |
| | 10,799 |
| | 10,935 |
| | 13,595 |
| | 10,229 |
| | 10,193 |
| | 10,699 |
| | 10,984 |
| Provision for loan losses | | (180 | ) | | 91 |
| | 89 |
| | (1,236 | ) | | (80 | ) | | (54 | ) | | (109 | ) | | 1,202 |
| Non-interest income | | 2,321 |
| | 2,358 |
| | 2,459 |
| | 2,965 |
| | 1,953 |
| | 2,174 |
| | 2,124 |
| | 2,191 |
| Non-interest expense | | (7,852 | ) | | (7,749 | ) | | (8,047 | ) | | (10,127 | ) | | (7,178 | ) | | (7,490 | ) | | (7,147 | ) | | (8,556 | ) | Income before income tax expense | | 5,090 |
| | 5,499 |
| | 5,436 |
| | 5,197 |
| | 4,924 |
| | 4,823 |
| | 5,567 |
| | 5,821 |
| Income taxes | | (1,753 | ) | | (1,994 | ) | | (1,883 | ) | | (1,453 | ) | | (1,680 | ) | | (1,690 | ) | | (1,958 | ) | | (2,061 | ) | Net income | | $ | 3,337 |
| | $ | 3,505 |
| | $ | 3,553 |
| | $ | 3,744 |
| | $ | 3,244 |
| | $ | 3,133 |
| | $ | 3,609 |
| | $ | 3,760 |
| Per common share data: | | | | | | | | | | | | | | | | | Basic earnings per common share | | $ | 0.85 |
| | $ | 0.89 |
| | $ | 0.90 |
| | $ | 0.89 |
| | $ | 0.83 |
| | $ | 0.80 |
| | $ | 0.92 |
| | $ | 0.95 |
| Diluted earnings per common share | | 0.84 |
| | 0.88 |
| | 0.89 |
| | 0.89 |
| | 0.83 |
| | 0.80 |
| | 0.91 |
| | 0.95 |
| Dividends declared per share | | 0.21 |
| | 0.21 |
| | 0.21 |
| | 0.21 |
| | 0.14 |
| | 0.14 |
| | 0.14 |
| | 0.14 |
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