Note 27: Summary of Unaudited Quarterly Operating Results

12 Months Ended

Dec. 31, 2016

Notes

Note 27: Summary of Unaudited Quarterly Operating Results

Note 27:    Summary of Unaudited Quarterly Operating Results

Following is a summary of unaudited quarterly operating results for the years 2016, 2015 and 2014:

	2016
	Three Months Ended
	March 31	June 30	September 30	December 31
	(In Thousands, Except Per Share Data)
Interest income	$     45,746	$     45,636	$     46,856	$     46,937
Interest expense	4,627	4,974	5,828	6,690
Provision for loan losses	2,101	2,300	2,500	2,380
Net realized gains (losses) and impairment
on available-for-sale securities	3	2,735	144	(9)
Noninterest income	4,974	8,916	7,090	7,530
Noninterest expense	30,920	29,807	30,657	29,043
Provision (credit) for income taxes	3,279	4,937	3,740	4,560
Net income	9,793	12,534	11,221	11,794
Net income available to common
shareholders	9,793	12,534	11,221	11,794
Earnings per common share – diluted	0.70	0.89	0.80	0.83

	2015
	Three Months Ended
	March 31	June 30	September 30	December 31
	(In Thousands, Except Per Share Data)
Interest income	$     47,906	$     45,734	$     45,755	$     44,956
Interest expense	3,781	3,725	4,230	4,261
Provision for loan losses	1,300	1,300	1,703	1,216
Net realized gains (losses) and impairment
on available-for-sale securities	—	—	2	—
Noninterest income	(56)	3,457	5,120	5,060
Noninterest expense	27,242	27,949	30,014	29,145
Provision (credit) for income taxes	3,874	4,214	3,732	3,744
Net income	11,653	12,003	11,196	11,650
Net income available to common
shareholders	11,508	11,858	11,051	11,531
Earnings per common share – diluted	0.83	0.85	0.79	0.81

	2014
	Three Months Ended
	March 31	June 30	September 30	December 31
	(In Thousands, Except Per Share Data)
Interest income	$     42,294	$     44,384	$     47,607	$     49,077
Interest expense	4,328	4,413	3,501	3,559
Provision for loan losses	1,691	1,462	945	53
Net realized gains (losses) and impairment
on available-for-sale securities	73	569	321	1,176
Noninterest income	924	10,631	1,778	1,398
Noninterest expense	25,894	34,399	29,398	31,168
Provision (credit) for income taxes	2,487	3,687	3,951	3,628
Net income	8,818	11,054	11,590	12,067
Net income available to common
shareholders	8,673	10,909	11,445	11,923
Earnings per common share – diluted	0.63	0.79	0.83	0.86