SELECTED QUARTERLY DATA

12 Months Ended

Dec. 31, 2011

Notes to Financial Statements [Abstract]

NOTE 22 – SELECTED QUARTERLY DATA (UNAUDITED) (in thousands except per share data)

2011	4th		3rd		2nd		1st
	Quarter		Quarter		Quarter		Quarter
Interest income	$	30,163	$	30,431	$	30,548	$	30,750
Interest expense		7,383		7,610		7,603		7,216
Net interest income	$	22,780	$	22,821	$	22,945	$	23,534

Provision for loan losses		2,900		2,400		2,900		5,600
Net interest income after provision	$	19,880	$	20,421	$	20,045	$	17,934

Noninterest income		5,538		5,923		5,918		4,826
Noninterest expense		13,485		13,479		13,973		14,168
Income tax expense		3,672		4,418		4,001		2,627
Net income	$	8,261	$	8,447	$	7,989	$	5,965

Basic earnings per common share	$	0.51	$	0.52	$	0.49	$	0.37
Diluted earnings per common share	$	0.50	$	0.52	$	0.49	$	0.37


2010	4th		3rd		2nd		1st
	Quarter		Quarter		Quarter		Quarter
Interest income	$	31,333	$	31,124	$	30,812	$	30,256
Interest expense		8,010		7,907		7,660		7,295
Net interest income	$	23,323	$	23,217	$	23,152	$	22,961

Provision for loan losses		6,521		6,150		5,750		5,526
Net interest income after provision	$	16,802	$	17,067	$	17,402	$	17,435

Noninterest income		5,091		6,212		5,359		4,847
Noninterest expense		13,333		13,629		13,425		13,048
Income tax expense		2,778		3,129		3,117		3,213
Net income	$	5,782	$	6,521	$	6,219	$	6,021

Basic earnings per common share	$	0.36	$	0.40	$	0.24	$	0.32
Diluted earnings per common share	$	0.36	$	0.40	$	0.24	$	0.32

- Definition

This element can be used to disclose the entire quarterly financial data disclosure in the annual financial statements as a single block of text. The disclosure includes a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle 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. Alternatively, the details of this disclosure can be reported using the elements in this group, or by using other taxonomy elements and applying the appropriate quarterly date and period contexts when creating an instance document. For example, the element for "Interest and Dividend Income, Operating" may be used by financial institutions from the Statement of Income, applying the appropriate quarterly date and period context when creating an instance document.

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