QUARTERLY DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2015

QUARTERLY DATA (UNAUDITED)

QUARTERLY DATA (UNAUDITED)

19.QUARTERLY DATA (UNAUDITED)

A summary of consolidated operating results on a quarterly basis is as follows:

	Years Ended December 31,
	2015								2014
	Fourth		Third		Second		First		Fourth		Third		Second		First
	Quarter		Quarter		Quarter		Quarter		Quarter		Quarter		Quarter		Quarter
	(In thousands, except per share data)
Interest and dividend income	$	3,150	$	2,989	$	2,881	$	2,856	$	2,828	$	2,803	$	2,775	$	2,768
Interest expense		489		431		408		398		374		371		364		339
Net interest and dividend income		2,661		2,558		2,473		2,458		2,454		2,432		2,411		2,429
Provision for loan losses		62		111		—		27		97		1		—		—
Net interest and dividend income, after provision for loan losses		2,599		2,447		2,473		2,431		2,357		2,431		2,411		2,429
Non-interest income		350		374		243		222		299		249		283		243
Non-interest expenses		2,167		2,127		2,142		2,254		1,984		2,053		2,099		2,237
Income before income taxes		782		694		574		399		672		627		595		435
Income tax provision		302		269		211		149		232		237		221		160
Net income	$	480	$	425	$	363	$	250	$	440	$	390	$	374	$	275
Income per share:
Basic	$	0.27	$	0.24	$	0.21	$	0.14	$	0.25	$	0.22	$	0.21	$	0.16
Diluted	$	0.27	$	0.24	$	0.21	$	0.14	$	0.25	$	0.22	$	0.21	$	0.16