Selected Consolidated Quarterly Financial Data

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Selected Consolidated Quarterly Financial Data

SELECTED CONSOLIDATED QUARTERLY FINANCIAL DATA

(dollars in thousands, except per share data)

(Unaudited)

	Quarters ended
	Dec. 31		Sept. 30		June 30		March 31
2014
Interest income	$	20,067	$	20,142	$	19,898	$	19,746
Interest expense		2,043		2,042		1,739		1,681
Net interest income		18,024		18,100		18,159		18,065
Provision for loan losses		825		1,000		275		530
Net interest income afterprovision for loan losses		17,199		17,100		17,884		17,535
Other income		4,620		5,286		4,830		3,841
Operating expenses		14,396		14,431		14,830		14,107
Income before provisionfor income taxes		7,423		7,955		7,884		7,269
Provision for income taxes		2,491		2,790		2,767		2,563
Net income	$	4,932	$	5,165		5,117	$	4,706
Basic earnings per share	$	0.30	$	0.31	$	0.31	$	0.27
Diluted earnings per share	$	0.30	$	0.31	$	0.30	$	0.28
2013
Interest income	$	19,960	$	19,984	$	20,161	$	20,052
Interest expense		1,709		2,440		2,617		2,862
Net interest income		18,251		17,544		17,544		17,190
Provision for loan losses		200		700		800		1,100
Net interest income afterprovision for loan losses		18,051		16,844		16,744		16,090
Other income		4,283		4,566		4,741		3,409
Operating expenses		19,611		13,784		13,724		12,666
Income before provisionfor income taxes		2,723		7,626		7,761		6,833
Provision for income taxes		784		2,658		2,774		2,397
Net income	$	1,939	$	4,968	$	4,987	$	4,436
Basic earnings per share	$	0.12	$	0.29	$	0.29	$	0.26
Diluted earnings per share	$	0.11	$	0.29	$	0.29	$	0.26