Note 25: Summary of Unaudited Quarterly Operating Results

12 Months Ended

Dec. 31, 2012

Notes

Note 25: Summary of Unaudited Quarterly Operating Results

Note 25:    Summary of Unaudited Quarterly Operating Results

Following is a summary of unaudited quarterly operating results for the years 2012, 2011 and 2010:

	2012
	Three Months Ended
	March 31	June 30	September 30	December 31
(In Thousands, Except Per Share Data)
Interest income	$44,677	$48,221	$50,159	$50,451
Interest expense	7,904	7,744	6,904	5,825
Provision for loan losses	10,077	17,600	8,400	7,786
Net realized gains (losses) and impairment
on available-for-sale securities	28	1,251	507	200
Noninterest income	6,087	35,848	2,085	1,982
Noninterest expense	24,984	28,157	29,152	30,267
Provision for income taxes	661	9,039	746	177
Net income from continuing operations	7,138	21,529	7,042	8,378
Discontinued operations	359	127	63	4,070
Net income	7,497	21,656	7,105	12,448
Net income available to common
shareholders	7,353	21,512	6,955	12,278
Earnings per common share – diluted	0.54	1.58	0.51	0.90

	2011
	Three Months Ended
	March 31	June 30	September 30	December 31
(In Thousands, Except Per Share Data)
Interest income	$49,040	$49,144	$49,965	$50,518
Interest expense	9,679	8,852	8,325	8,290
Provision for loan losses	8,200	8,431	8,500	10,205
Net realized gains (losses) and impairment
on available-for-sale securities	--	(400)	483	(215)
Noninterest income	(4,006)	(4,375)	(3,010)	15,522
Noninterest expense	19,820	20,277	21,218	36,161
Provision for income taxes	1,731	1,550	2,462	(560)
Net income from continuing operations	5,604	5,659	6,450	11,944
Discontinued operations	289	231	3	89
Net income	5,893	5,890	6,453	12,033
Net income available to common
shareholders	5,048	5,108	4,443	11,660
Earnings per common share – diluted	0.36	0.37	0.33	0.85

	2010
	Three Months Ended
	March 31	June 30	September 30	December 31
(In Thousands, Except Per Share Data)
Interest income	$39,754	$39,612	$41,535	$52,290
Interest expense	13,183	12,488	11,341	10,838
Provision for loan losses	5,500	12,000	10,800	7,330
Net realized gains (losses) and impairment
on available-for-sale securities	--	3,465	5,441	(119)
Noninterest income	7,065	12,000	10,497	(5,233)
Noninterest expense	20,488	19,127	20,893	21,642
Provision for income taxes	2,290	2,471	2,853	976
Net income from continuing operations	5,358	5,526	6,145	6,271
Discontinued operations	180	298	17	70
Net income	5,538	5,824	6,162	6,341
Net income available to common
shareholders	4,699	4,976	5,305	5,482
Earnings per common share – diluted	0.34	0.35	0.38	0.39