Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2013

The following table presents unaudited, summarized quarterly data for the years ended December 31, 2013 and 2012:



	Three Months Ended
2013	December 31			September 30			June 30			March 31
	(Amounts in thousands)
Interest income	$	18,903		$	18,470		$	18,651		$	18,275
Interest expense	2,154			2,334			2,530			3,223
Net interest income	16,749			16,136			16,121			15,052
Provision for (recovery of) loan losses	(3,017		)	40			55			237
Net interest income after provision for loan losses	19,766			16,096			16,066			14,815

Other income	1,182			5,381			6,184			5,657
Other expense	13,712			14,150			14,843			13,215
Income before income taxes	7,236			7,327			7,407			7,257
Income taxes	2,579			2,616			2,598			2,608
Net income	4,657			4,711			4,809			4,649
Preferred stock dividend and accretion of preferred stock discount	421			421			590			445
Net income to common shareholders	$	4,236		$	4,290		$	4,219		$	4,204
Net income per common share- basic	$	0.30		$	0.30		$	0.30		$	0.30
Net income per common share- diluted	0.30			0.30			0.30			0.30
2012
Interest income	$	18,793		$	19,446		$	19,744		$	20,989
Interest expense	4,048			4,257			4,586			5,097
Net interest income	14,745			15,189			15,158			15,892
Provision for loan losses	31,554			4,251			2,218			2,351
Net interest income after provision for loan losses	(16,809		)	10,938			12,940			13,541

Other income	986			4,665			4,406			3,509
Other expense	22,708			14,792			15,732			13,579
Income (loss) before income taxes (benefit)	(38,531		)	811			1,614			3,471
Income taxes (benefit)	(14,632		)	54			(9,383		)	—
Net income (loss)	(23,899		)	757			10,997			3,471
Preferred stock dividend and accretion of preferred stock discount	1,419			838			833			821
Net income (loss) to common shareholders	$	(25,318	)	$	(81	)	$	10,164		$	2,650
Net income (loss) per common share- basic	$	(3.63	)	$	—		$	1.56		$	0.42
Net income (loss) per common share- diluted	(3.63		)	—			1.56			0.42