Note 20 - Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2011

Quarterly Financial Information [Text Block]

20. Quarterly Financial Data (Unaudited)

(In thousands, except per share data)
Quarters Ended 2011	March 31			June 30			Sept. 30			Dec. 31
Interest income	$	20,168		$	20,133		$	19,493		$	18,555
Interest expense		6,512			6,311			6,096			5,751
Net interest income		13,656			13,822			13,397			12,804
Provision for loan losses		2,441			4,528			3,232			3,286
Net interest income after provision for loan losses		11,215			9,294			10,165			9,518
Noninterest income		5,893			6,340			6,260			5,898
Noninterest expense		15,282			15,507			16,959			14,744
Income (loss) before income taxes		1,826			127			(534	)		672
Income tax expense (benefit)		781			(42	)		(806	)		(580	)
Net income		1,045			169			272			1,252
Dividends and accretion on preferred shares		(472	)		(473	)		(474	)		(477	)
Net income (loss) available to common shareholders	$	573		$	(304	)	$	(202	)	$	775
Net income (loss) per common share, basic and diluted	$	.08		$	(.04	)	$	(.03	)	$	.10
Weighted average shares outstanding, basic and diluted		7,412			7,420			7,427			7,437

(In thousands, except per share data)
Quarters Ended 2010	March 31			June 30			Sept. 30			Dec. 31
Interest income	$	23,382		$	23,475		$	22,105		$	20,789
Interest expense		9,932			9,198			8,478			7,340
Net interest income		13,450			14,277			13,627			13,449
Provision for loan losses		1,926			5,490			6,244			3,573
Net interest income after provision for loan losses		11,524			8,787			7,383			9,876
Noninterest income		7,490			9,869			10,324			6,427
Noninterest expense		16,497			15,205			15,927			15,082
Income before income taxes		2,517			3,451			1,780			1,221
Income tax expense		572			610			525			330
Net income		1,945			2,841			1,255			891
Dividends and accretion on preferred shares		(466	)		(466	)		(469	)		(470	)
Net income available to common shareholders	$	1,479		$	2,375		$	786		$	421
Net income per common share, basic and diluted	$	.20		$	.32		$	.11		$	.06
Weighted average shares outstanding, basic and diluted		7,379			7,384			7,393			7,402