Note 25 - Selected Quarterly Operating Results (Unaudited)

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Quarterly Financial Information [Text Block]

BEAR STATE FINANCIAL, INC.

SELECTED QUARTERLY OPERATING RESULTS (UNAUDITED)

(IN THOUSANDS, EXCEPT SHARE AND PER SHARE DATA)

YEAR ENDED DECEMBER 31, 2016	Fourth Quarter			Third Quarter			Second Quarte r			First Quarter
Interest income	$	19,212		$	18,849		$	18,535		$	18,790
Interest expense		2,105			2,014			1,935			1,864
Net interest income		17,107			16,835			16,600			16,926
Provision for loan losses		851			643			533			489
Net interest income after provision for loan losses		16,256			16,192			16,067			16,437
Net gain on sales and calls of investment securities		--			21			--			(2	)
Noninterest income		4,394			4,312			4,311			3,675
Noninterest expense		13,625			13,400			14,989			15,331
Income before income taxes		7,025			7,125			5,389			4,779
Income tax provision		2,192			2,384			847			1,436
Net income	$	4,833		$	4,741		$	4,542		$	3,343
Earnings per share:
Basic	$	0.13		$	0.13		$	0.12		$	0.09
Diluted	$	0.13		$	0.13		$	0.12		$	0.09
Selected Ratios (Annualized):
Net interest margin		3.75	%		3.78	%		3.86	%		4.03	%
Return on average assets		0.95			0.95			0.94			0.71
Return on average equity		8.18			8.12			8.04			6.04

YEAR ENDED DECEMBER 31, 2015	Fourth Quarter			Third Quarter			Second Quarte r			First Quarter
Interest income	$	19,468		$	13,749		$	13,523		$	14,106
Interest expense		1,744			1,529			1,563			1,528
Net interest income		17,724			12,220			11,960			12,578
Provision for loan losses		866			331			300			300
Net interest income after provision for loan losses		16,858			11,889			11,660			12,278
Net gain on sales and calls of investment securities		(68	)		--			--			88
Noninterest income		3,789			3,318			3,397			3,023
Noninterest expense		17,044			10,465			11,273			12,237
Income before income taxes		3,535			4,742			3,784			3,152
Income tax provision		972			1,529			1,253			885
Net income	$	2,563		$	3,213		$	2,531		$	2,267
Earnings per share(1):
Basic	$	0.07		$	0.10		$	0.08		$	0.07
Diluted	$	0.07		$	0.10		$	0.08		$	0.07
Selected Ratios (Annualized):
Net interest margin		4.14	%		3.74	%		3.71	%		3.85	%
Return on average assets		0.53			0.88			0.69			0.60
Return on average equity		4.60			7.23			5.78			5.25

	Fourth Quarter		Third Quarter		Second Quarter		First Quarter
YEAR ENDED DECEMBER 31, 2016
Basic weighted - average shares		37,615,991		37,595,454		37,568,274		37,740,714
Effect of dilutive securities		217,133		211,965		204,685		174,789
Diluted weighted - average shares		37,833,124		37,807,419		37,772,959		37,915,503
YEAR ENDED DECEMBER 31, 2015
Basic weighted - average shares		37,962,801		33,358,376		33,375,753		33,371,946
Effect of dilutive securities		210,433		138,922		145,737		179,830
Diluted weighted - average shares		38,173,234		33,497,298		33,521,490		33,551,776