Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

The following reflects the consolidated results of operations on a quarterly basis:

	Year Ended December 31, 2012
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(Dollars in thousands except per share data)
Interest income	$	10,609	$	10,532	$	10,248	$	9,943
Interest expense	1,686		1,588		1,399		1,301
Net interest income	8,923		8,944		8,849		8,642
Provision for loan losses	1,050		1,150		1,160		850
Net interest income after provision for loan losses	7,873		7,794		7,689		7,792
Non-interest income	2,824		2,643		3,032		3,510
Non-interest expense	10,207		8,542		8,969		9,082
Income before income tax expense	490		1,895		1,752		2,220
Income tax expense	—		541		493		658
Net income	$	490	$	1,354	$	1,259	$	1,562
Basic earnings per share	$	.05	$	.13	$	.12	$	.15
Diluted earnings per share	.05		.13		.12		.14
Dividends declared per common share	.01		—		.02		.01

	Year Ended December 31, 2011
	First Quarter			Second Quarter		Third Quarter			Fourth Quarter
	(Dollars in thousands except per share data)
Interest income	$	11,009		$	11,216	$	10,745		$	10,734
Interest expense	2,156			2,033		1,896			1,768
Net interest income	8,853			9,183		8,849			8,966
Provision for loan losses	903			996		2,673			12,542
Net interest income (loss) after provision for loan losses	7,950			8,187		6,176			(3,576		)
Non-interest income	2,455			4,542		3,320			2,534
Non-interest expense	9,967			11,071		9,186			10,893
Income (loss) before income tax expense (benefit)	438			1,658		310			(11,935		)
Income tax expense (benefit)	(34		)	425		(84		)	638
Net income (loss)	$	472		$	1,233	$	394		$	(12,573	)
Basic earnings (loss) per share	$	.04		$	.12	$	.04		$	(1.17	)
Diluted earnings (loss) per share	.04			.11		.04			(1.17		)
Dividends declared per common share	.01			.01		.01			.01