QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2014

QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 21 — QUARTERLY FINANCIAL DATA (UNAUDITED)

(in thousands, except per share data)

	Interest		Net Interest		Net		Earnings Per Share
	Income		Income		Income		Basic		Fully Diluted

2014
First quarter	$	7,283	$	6,349	$	1,772	$	0.66	$	0.66
Second quarter	7,405		6,479		1,904		0.70		0.70
Third quarter	7,483		6,538		1,720		0.63		0.63
Fourth quarter	7,560		6,609		1,675		0.61		0.61

2013
First quarter	$	6,956	$	6,134	$	1,709	$	0.63	$	0.63
Second quarter	6,837		6,021		1,785		0.66		0.66
Third quarter	7,105		6,245		1,367		0.51		0.51
Fourth quarter	7,270		6,312		961		0.35		0.35

The Company recorded an additional $973 thousand non-recurring expense during the fourth quarter of 2013 for pension expense related to the 2008 termination of the defined benefit plan.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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