Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2011

Selected Quarterly Financial Data (Unaudited) [Abstract]

Selected Quarterly Financial Data (Unaudited)

(24)  Selected Quarterly Financial Data (Unaudited)

Results of operations on a quarterly basis were as follows:

(dollars in thousands)	Year Ended December 31, 2011
	First quarter		Second quarter		Third quarter		Fourth quarter
Interest income	$	21,998	$	22,157	$	22,512	$	23,040
Interest expense		2,711		2,669		2,430		2,171
Net interest income		19,287		19,488		20,082		20,869
Provision for loan losses		3,000		2,682		2,500		1,868
Net interest income after provision for loan losses		16,287		16,806		17,582		19,001
Noninterest income		3,732		2,622		1,431		1,427
Noninterest expense		14,056		13,671		13,807		14,291
Income before provision for income taxes		5,963		5,757		5,206		6,137
Provision for income taxes		1,887		1,745		1,581		1,898
Net income before preferred dividends		4,076		4,012		3,625		4,239
Preferred dividends		1,084		-		-		-
Net income available to common shareholders	$	2,992	$	4,012	$	3,625	$	4,239
Basis earnings per share	$	0.20	$	0.26	$	0.24	$	0.28
Diluted earnings per share	$	0.19	$	0.26	$	0.24	$	0.28
Cash dividends declared per share	$	0.050	$	0.05	$	0.05	$	0.05

(dollars in thousands)	Year Ended December 31, 2010
	First quarter		Second quarter		Third quarter		Fourth quarter
Interest income	$	13,692	$	18,474	$	21,240	$	22,543
Interest expense		2,711		3,019		3,269		2,831
Net interest income		10,981		15,455		17,971		19,712
Provision for loan losses		2,150		2,550		3,950		4,836
Net interest income after provision for loan losses		8,831		12,905		14,021		14,876
Noninterest income		1,743		4,048		23,572		4,168
Noninterest expense		7,775		11,927		12,844		14,251
Income before provision for income taxes		2,799		5,026		24,749		4,793
Provision for income taxes		804		1,531		8,377		1,085
Net income before preferred dividends		1,995		3,495		16,372		3,708
Preferred dividends		414		415		415		415
Net income available to common shareholders	$	1,581	$	3,080	$	15,957	$	3,293
Basis earnings per share	$	0.10	$	0.20	$	1.04	$	0.21
Diluted earnings per share	$	0.10	$	0.20	$	1.03	$	0.21
Cash dividends declared per share	$	0.025	$	0.03	$	0.03	$	0.05