Summary of Quarterly Consolidated Financial Data

12 Months Ended

Dec. 31, 2011

Summary of Quarterly Consolidated Financial Data

Summary of Quarterly Consolidated Financial Data

(24) Summary of Quarterly Consolidated Financial Data (Unaudited)

The following table presents summarized quarterly financial data for 2011 and 2010.

(Dollars in thousands, except per share data)	2011 Quarter Ended
	March 31		June 30		September 30		December 31
Interest Income	$	7,453	$	8,075	$	7,994	$	8,023
Interest Expense		2,470		2,485		2,375		2,192
Net Interest Income		4,983		5,590		5,619		5,831
Provision for Loan and Lease Losses		200		550		405		50
Net Interest Income After Provision for Loan Losses		4,783		5,040		5,214		5,781
Noninterest Income		758		705		764		769
Noninterest Expense		4,300		4,408		4,534		4,806
Income Before Provision for Income Taxes		1,241		1,337		1,444		1,744
Provision for Income Taxes		241		278		312		392
Net Income		1,000		1,059		1,132		1,352
Preferred Stock Dividends and Discount Accretion		128		129		128		129
Net Income Available to Common Shareholders	$	872	$	930	$	1,004	$	1,223
Per Share Data:
Basic Earnings Per Share	$	0.25	$	0.27	$	0.29	$	0.35
Diluted Earnings Per Share	$	0.25	$	0.27	$	0.29	$	0.35
Cash Dividends		0.05		0.05		0.05		0.05

(Dollars in thousands, except per share data)	2010 Quarter Ended
	March 31		June 30		September 30		December 31
Interest Income	$	7,354	$	7,685	$	7,554	$	7,555
Interest Expense		2,853		2,660		2,567		2,562
Net Interest Income		4,501		5,025		4,987		4,993
Provision for Loan and Lease Losses		160		925		975		575
Net Interest Income After Provision for Loan Losses		4,341		4,100		4,012		4,418
Noninterest Income		816		901		824		873
Noninterest Expense		4,269		4,052		4,352		4,448
Income Before Provision for Income Taxes		888		949		484		843
Provision for Income Taxes		153		158		4		101
Net Income		735		791		480		742
Preferred Stock Dividends and Discount Accretion		128		129		128		129
Net Income Available to Common Shareholders	$	607	$	662	$	352	$	613
Per Share Data:
Basic Earnings Per Share	$	0.17	$	0.19	$	0.11	$	0.17
Diluted Earnings Per Share	$	0.17	$	0.19	$	0.11	$	0.17
Cash Dividends		—		—		—		—