Quarterly Consolidated Results of Operations (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2014

The following is a summary of the quarterly consolidated results of operations:

	Three Months Ended
	March 31		June 30		September 30		December 31
2014	(In Thousands, Except Per Share Amounts)
Interest income	$	18,474	$	18,774	$	19,286	$	19,714
Interest expense		1,678		1,645		1,623		1,613
Net interest income		16,796		17,129		17,663		18,101
Provision for loan losses		103		446		406		162
Net interest income after provision for loan losses		16,693		16,683		17,257		17,939
Gain on sale, call or write-down of securities		-		471		460		1
Noninterest income		7,326		7,146		8,896		7,341
Noninterest expense		16,661		16,357		16,771		16,969
Income before income taxes		7,358		7,943		9,842		8,312
Income taxes		2,179		2,254		2,773		1,957
Net income	$	5,179	$	5,689	$	7,069	$	6,355

Earnings per common share:
Basic	$	0.53	$	0.59	$	0.75	$	0.68
Diluted	$	0.51	$	0.57	$	0.71	$	0.65
Average shares outstanding:
Basic		9,681		9,607		9,445		9,316
Diluted		10,108		10,066		9,903		9,801

	Three Months Ended
	March 31		June 30		September 30		December 31
	(In Thousands, Except Per Share Amounts)
2013
Interest income	$	18,476	$	18,732	$	18,836	$	18,737
Interest expense		1,949		1,814		1,680		1,727
Net interest income		16,527		16,918		17,156		17,010
Provision for loan losses		425		448		476		475
Net interest income after provision for loan losses		16,102		16,470		16,680		16,535
Gain on sale, call or write-down of securities		53		44		-		(337)
Noninterest income		8,909		7,804		7,289		6,808
Noninterest expense		17,199		15,674		16,045		15,926
Income before income taxes		7,865		8,644		7,924		7,080
Income taxes		2,306		2,535		2,445		1,992
Net income	$	5,559	$	6,109	$	5,479	$	5,088

Earnings per common share:
Basic	$	0.57	$	0.63	$	0.56	$	0.52
Diluted	$	0.55	$	0.60	$	0.54	$	0.50
Average shares outstanding:
Basic		9,736		9,774		9,780		9,766
Diluted		10,105		10,156		10,212		10,198