XML 57 R44.htm IDEA: XBRL DOCUMENT v2.4.0.8
Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The following represents summarized unaudited quarterly financial data of the Company which, in the opinion of management, reflects adjustments (comprising only normal recurring accruals) necessary for fair presentation, note that certain balances may not cross foot due to rounding:
 
 
Three Months Ended
(in thousands, except per share amounts)
December 31
September 30
June 30
March 31
 
 
 
 
 
2013
 
 
 
 
Interest income
$
25,403

$
24,866

$
24,612

$
24,445

Interest expense
2,074

1,999

2,013

2,110

Net interest income
23,329

22,867

22,599

22,335

Provision for loan losses
1,575

1,200

1,800

2,300

Noninterest income
7,965

7,516

7,334

7,375

Net gains (loss) on sales/calls of securities
643


(9
)
30

Noninterest expense
22,737

22,443

22,360

22,329

Provision for federal income taxes
2,091

2,064

1,725

1,436

Net income
4,891

4,676

4,048

3,645

Net income per share:
 

 

 

 

Basic
$
0.34

$
0.33

$
0.28

$
0.26

Diluted
0.34

0.32

0.28

0.26

 
 

 

 

 

 
 

 

 

 

2012
 
 

 

 

Interest income
$
24,096

$
24,255

$
24,625

$
24,332

Interest expense
2,262

2,477

2,655

2,716

Net interest income
21,834

21,778

21,970

21,616

Provision for loan losses
2,150

2,500

2,950

2,500

Noninterest income
7,805

7,148

7,460

7,441

Net gains (loss) on sales of securities
92

(37
)
12

984

Noninterest expense
22,486

23,053

22,674

22,931

Provision for federal income taxes
1,547

1,381

1,044

942

Net income
3,456

1,992

2,762

2,684

Net income per share:
 

 

 

 

Basic
$
0.24

$
0.14

$
0.19

$
0.19

Diluted
0.24

0.14

0.19

0.19