Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2012

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, 2012
	First quarter		Second quarter		Third quarter		Fourth quarter
Interest income	$	23,283	$	22,726	$	22,262	$	21,439
Interest expense		1,981		1,837		1,710		1,585
Net interest income		21,302		20,889		20,552		19,854
Provision for loan losses		2,000		2,748		1,250		3,746
Net interest income after provision for loan losses		19,302		18,141		19,302		16,108
Noninterest income		1,297		988		1,358		4,603
Noninterest expense		13,655		15,109		13,663		13,972
Income before provision for income tax		6,944		4,020		6,997		6,739
Provision for income tax		2,171		1,173		2,359		2,153
Net income available to common shareholders	$	4,773	$	2,847	$	4,638	$	4,586
Basic earnings per share	$	0.31	$	0.18	$	0.30	$	0.30
Diluted earnings per share	$	0.31	$	0.18	$	0.30	$	0.30
Cash dividends declared per share	$	0.12	$	0.14	$	0.09	$	0.15

(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 tax		5,963		5,757		5,206		6,137
Provision for income tax		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
Basic 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	$	0.05	$	0.05	$	0.05	$	0.05