QUARTERLY FINANCIAL RESULTS (UNAUDITED)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Results

Note 25 – Quarterly Financial Results (unaudited)

A summary of selected consolidated quarterly financial data for the years ended December 31 is provided in the following tables:

	2012
	First		Second		Third		Fourth
(In thousands, except per share data)	Quarter		Quarter		Quarter		Quarter
Interest income	$	34,615	$	35,558	$	37,495	$	36,202
Interest expense		5,910		5,749		5,710		5,282
Net interest income		28,705		29,809		31,785		30,920
Provision (credit) for loan and lease losses		664		1,585		232		1,168
Noninterest income		10,974		11,493		12,242		12,247
Noninterest expense		26,683		28,858		27,167		27,219
Income before income taxes		12,332		10,859		16,628		14,780
Income tax expense		3,856		3,652		5,638		4,899
Net income	$	8,476	$	7,207	$	10,990	$	9,881
Basic net income per share	$	0.35	$	0.30	$	0.44	$	0.40
Diluted net income per share	$	0.35	$	0.30	$	0.44	$	0.40

	2011
	First		Second		Third			Fourth
(In thousands, except per share data)	Quarter		Quarter		Quarter			Quarter
Interest income	$	34,750	$	35,008	$	35,004		$	34,708
Interest expense		6,740		6,854		6,674			6,256
Net interest income		28,010		28,154		28,330			28,452
Provision (credit) for loan and lease losses		1,515		1,151		(3,520	)		2,282
Noninterest income		9,992		10,802		11,336			11,370
Noninterest expense		26,062		25,838		25,848			27,323
Income before income taxes		10,425		11,967		17,338			10,217
Income tax expense		3,134		3,671		6,081			2,959
Net income	$	7,291	$	8,296	$	11,257		$	7,258
Basic net income per share	$	0.30	$	0.34	$	0.47		$	0.30
Diluted net income per share	$	0.30	$	0.34	$	0.47		$	0.30