CONSOLIDATED CONDENSED QUARTERLY DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2016

CONSOLIDATED CONDENSED QUARTERLY DATA (UNAUDITED) [Abstract]

CONSOLIDATED CONDENSED QUARTERLY DATA (UNAUDITED)

19. CONSOLIDATED CONDENSED QUARTERLY DATA (UNAUDITED)

The following table presents summarized quarterly financial data for 2016 and 2015:

(in thousands, except share data)			Three Months Ended,
2016	Mar 31		June 30		Sep 30		Dec 31
Interest income	$	10,462	$	10,426	$	10,948	$	11,169
Interest expense		1,257		1,255		1,236		1,293
Net interest income		9,205		9,171		9,712		9,876
Provision for loan losses		135		135		500		750
Non-interest income		1,889		1,855		1,908		1,992
Investment securities gains, net		27		128		-		100
Non-interest expenses		6,912		7,301		7,200		7,258
Income before provision for income taxes		4,074		3,718		3,920		3,960
Provision for income taxes		791		687		767		789
Net income	$	3,283	$	3,031	$	3,153	$	3,171
Earnings Per Share Basic	$	0.98	$	0.91	$	0.94	$	0.95
Earnings Per Share Diluted	$	0.98	$	0.91	$	0.94	$	0.95

			Three Months Ended,
2015	Mar 31		June 30		Sep 30		Dec 31
Interest income	$	8,771	$	8,768	$	8,863	$	9,251
Interest expense		1,184		1,207		1,218		1,211
Net interest income		7,587		7,561		7,645		8,040
Provision for loan losses		120		120		120		120
Non-interest income		1,602		1,780		1,736		1,876
Investment securities gains, net		126		175		129		(1	)
Non-interest expenses		5,335		5,428		5,852		6,814
Income before provision for income taxes		3,860		3,968		3,538		2,981
Provision for income taxes		740		779		681		521
Net income	$	3,120	$	3,189	$	2,857	$	2,460
Earnings Per Share Basic	$	1.02	$	1.04	$	0.94	$	0.79
Earnings Per Share Diluted	$	1.02	$	1.04	$	0.94	$	0.79