Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2011

Quarterly Financial Data [Abstract]

QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 18—QUARTERLY FINANCIAL DATA (UNAUDITED)

		September 30,		September 30,		September 30,		September 30,
Quarter Ended 2011	March 31		June 30		September 30		December 31
Total interest income	$	11,129	$	11,194	$	11,218	$	10,893
Total interest expense		2,046		2,037		1,983		1,771
Net interest income		9,083		9,157		9,235		9,122
Provision for loan losses		1,875		1,075		700		0
Noninterest income		2,617		2,694		2,696		4,532
Noninterest expense		7,814		8,092		8,177		9,645
Income before income taxes		2,011		2,684		3,054		4,009
Income taxes		321		567		683		969
Net income	$	1,690	$	2,117	$	2,371	$	3,040
Earnings per share—basic and diluted	$	0.10	$	0.11	$	0.13	$	0.16

		September 30,			September 30,		September 30,		September 30,
Quarter Ended 2010	March 31			June 30		September 30		December 31
Total interest income	$	12,126		$	12,099	$	12,160	$	11,980
Total interest expense		3,312			2,923		2,545		2,218
Net interest income		8,814			9,176		9,615		9,762
Provision for loan losses		2,778			1,600		1,500		2,200
Noninterest income		2,336			2,721		3,697		4,456
Noninterest expense		7,532			7,645		7,917		7,870
Income before income taxes		840			2,652		3,895		4,148
Income taxes		(7	)		618		1,041		892
Net income	$	847		$	2,034	$	2,854	$	3,256
Earnings per share—basic and diluted	$	0.06		$	0.15	$	0.21	$	0.24

During the fourth quarter of 2011, the Bank sold certain investment securities and recognized security gains of $1.8 million. Also, during the fourth quarter of 2011, the Bank prepaid $11.9 million of FHLB advances and incurred a $1.2 million prepayment penalty, which is included in noninterest expense. The Bank sold certain investment securities and recognized security gains of $2.6 million during the third and fourth quarters of 2010.