Quarterly Financial Information (unaudited) (Tables)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information (unaudited)

Summary of results for the periods

	For The Quarters Ended,
	Q4 2014		Q3 2014		Q2 2014		Q1 2014			Q4 2013		Q3 2013		Q2 2013		Q1 2013
		(dollars in thousands, except per share data)
Interest income	$	17,064	$	16,895	$	16,541	$	13,588		$	11,736	$	11,509	$	11,075	$	11,073
Net interest income		15,726		15,571		15,197		12,437			10,687		10,482		10,149		10,208
Non-interest income		2,354		2,982		2,476		1,763			1,879		2,423		2,912		5,661
Non-interest expense		11,385		13,382		12,986		17,039			9,624		8,551		8,640		9,748
Income before provision (benefit) for income taxes		6,695		5,171		4,687		(2,839	)		2,942		4,354		4,421		6,121
Net income (loss)		4,352		3,429		2,949		(1,765	)		1,634		2,761		2,716		3,730
Dividends and accretion on preferred stock		168		–		–		–			–		181		359		358
Net income (loss) available to common shareholders	$	4,184	$	3,429	$	2,949	$	(1,765	)	$	1,634	$	2,580	$	2,357	$	3,372
Earnings per common share
Basic	$	0.13	$	0.10	$	0.09	$	(0.06	)	$	0.06	$	0.10	$	0.09	$	0.13
Diluted	$	0.13	$	0.10	$	0.09	$	(0.06	)	$	0.06	$	0.10	$	0.09	$	0.13