Note 18 - Quarterly Financial Data (unaudited)

12 Months Ended

Dec. 31, 2011

Quarterly Financial Information [Text Block]

18. Quarterly Financial Data (unaudited)

Selected unaudited quarterly financial data for the fiscal years ended December 31, 2011 and 2010 is presented below:

	2011								2010
	4th		3rd		2nd		1st		4th		3rd		2nd		1st
	(In thousands, except per share data)
Quarterly operating data:
Interest income	$	54,644	$	56,329	$	56,499	$	57,026	$	56,610	$	58,271	$	56,939	$	57,808
Interest expense		17,920		19,228		19,704		19,871		21,555		22,410		23,499		24,303
Net interest income		36,724		37,101		36,795		37,155		35,055		35,861		33,440		33,505
Provision for loan losses		6,500		5,000		5,000		5,000		6,000		5,000		5,000		5,000
Other operating income		2,980		4,295		2,135		871		2,056		1,949		1,718		2,577
Other operating expense		19,369		19,490		18,865		20,015		17,183		17,656		17,610		17,936
Income before income tax expense		13,835		16,906		15,065		13,011		13,928		15,154		12,548		13,146
Income tax expense		5,664		6,756		5,991		5,058		5,379		526		4,875		5,161
Net income	$	8,171	$	10,150	$	9,074	$	7,953	$	8,549	$	14,628	$	7,673	$	7,985
Basic earnings per common share	$	0.27	$	0.33	$	0.29	$	0.26	$	0.28	$	0.48	$	0.25	$	0.26
Diluted earnings per common share	$	0.27	$	0.33	$	0.29	$	0.26	$	0.28	$	0.48	$	0.25	$	0.26
Dividends per common share	$	0.13	$	0.13	$	0.13	$	0.13	$	0.13	$	0.13	$	0.13	$	0.13
Average common shares outstanding for:
Basic earnings per share		30,371		30,679		30,823		30,620		30,373		30,359		30,352		30,257
Diluted earnings per share		30,387		30,693		30,864		30,686		30,415		30,378		30,399		30,286