Quarterly Financial Data Unaudited

12 Months Ended

Dec. 31, 2011

Quarterly Financial Data - Unaudited [Abstract]

Quarterly Financial Data - Unaudited

Note 22 – Quarterly Financial Data – Unaudited

The following table presents summarized quarterly data for each of the two years ended December 31:

	Quarters ended in 2011
	March 31		June 30		September 30		December 31
Selected operations data:
Interest income	$	14,029	$	14,122	$	14,168	$	14,453
Interest expense		2,324		2,243		2,026		1,911
Net interest income		11,705		11,879		12,142		12,542
Provision for loan losses		940		916		728		517
Net interest income after provision for loan losses		10,765		10,963		11,414		12,025
Other income		4,005		4,059		3,700		4,023
Other expense		10,292		11,011		10,864		10,886
Income before income taxes		4,478		4,011		4,250		5,162
Income taxes		1,633		1,433		1,571		1,892
Net income		2,845		2,578		2,679		3,270
Dividends on preferred shares		707		1,011		919		939
Net income available to common stockholders	$	2,138	$	1,567	$	1,760	$	2,331
Basic earnings per common share	$	0.35	$	0.26	$	0.29	$	0.39
Diluted earnings per common share	$	0.35	$	0.26	$	0.29	$	0.39

	Quarters ended in 2010
	March 31		June 30		September 30		December 31
Selected operations data:
Interest income	$	12,210	$	12,071	$	12,464	$	14,138
Interest expense		2,819		2,661		2,686		2,590
Net interest income		9,391		9,410		9,778		11,548
Provision for loan losses		760		1,083		884		1,010
Net interest income after provision for loan losses		8,631		8,327		8,894		10,538
Other income		3,068		3,043		3,652		4,057
Other expense		7,790		8,708		9,536		10,893
Income before income taxes		3,909		2,662		3,010		3,702
Income taxes		1,361		880		998		1,283
Net income		2,548		1,782		2,012		2,419
Dividends on preferred shares		577		554		554		555
Net income available to common stockholders	$	1,971	$	1,228	$	1,458	$	1,864
Basic earnings per common share	$	0.32	$	0.20	$	0.24	$	0.31
Diluted earnings per common share	$	0.32	$	0.20	$	0.24	$	0.31