XML 31 R48.htm IDEA: XBRL DOCUMENT v2.4.1.9
Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Unaudited condensed financial data by quarter
Unaudited condensed financial data by quarter for the years ended December 31, 2014 and 2013 is as follows (dollars, except per share data, in thousands):
 
 
Quarter ended
Year Ended December 31, 2014
March 31, 2014
 
June 30, 2014
 
Sept. 30, 2014
 
Dec. 31, 2014
Interest Income
$
7,193

 
$
7,637

 
$
7,389

 
$
7,263

Interest Expense
1,550

 
1,507

 
1,385

 
1,370

Net Interest Income
5,643

 
6,130

 
6,004

 
5,893

Provision For Loan Losses
100

 
100

 

 
250

Net Interest Income After Provision For Loan
Losses
5,543

 
6,030

 
6,004

 
5,643

Non-interest Income
1,536

 
1,332

 
1,486

 
1,808

Non-interest Expense
5,326

 
5,317

 
5,023

 
5,602

Income Before Income Tax
1,753

 
2,045

 
2,467

 
1,849

Provision For Income taxes
451

 
568

 
756

 
528

Net Income
1,302

 
1,477

 
1,711

 
1,321

Preferred Stock Dividends
110

 
110

 
110

 
110

Net Income Available To Common Shareholders
$
1,192

 
$
1,367

 
$
1,601

 
$
1,211

Basic Net Income Per Common Share
$
0.41

 
$
0.46

 
$
0.54

 
$
0.41

Diluted Net Income Per Common Share
$
0.39

 
$
0.44

 
$
0.52

 
$
0.40

Basic Weighted Average Shares Outstanding
2,944,001

 
2,944,001

 
2,944,001

 
2,944,001

Diluted Weighted Average Shares Outstanding
3,248,201

 
3,248,201

 
3,248,201

 
3,248,201

 
 
Quarter ended
Year Ended December 31, 2013
March 31, 2013
 
June 30, 2013
 
Sept. 30, 2013
 
Dec. 31, 2013
Interest Income
$
7,704

 
$
7,680

 
$
7,706

 
$
7,357

Interest Expense
2,114

 
1,959

 
1,796

 
1,664

Net Interest Income
5,590

 
5,721

 
5,910

 
5,693

Provision For Loan Losses
1,145

 
900

 
600

 

Net Interest Income After Provision For Loan
Losses
4,445

 
4,821

 
5,310

 
5,693

Non-interest Income
1,945

 
1,743

 
1,738

 
1,470

Non-interest Expense
5,513

 
5,392

 
5,665

 
5,464

Income Before Income Tax
877

 
1,172

 
1,383

 
1,699

Provision For Income taxes
206

 
293

 
361

 
480

Net Income
671

 
879

 
1,022

 
1,219

Preferred Stock Dividends
110

 
110

 
110

 
110

Net Income Available To Common Shareholders
$
561

 
$
769

 
$
912

 
$
1,109

Basic Net Income Per Common Share
$
0.19

 
$
0.26

 
$
0.31

 
$
0.38

Diluted Net Income Per Common Share
$
0.20

 
$
0.26

 
$
0.30

 
$
0.36

Basic Weighted Average Shares Outstanding
2,944,001

 
2,944,001

 
2,944,001

 
2,944,001

Diluted Weighted Average Shares Outstanding
3,248,201

 
3,248,201

 
3,248,201

 
3,248,201