XML 26 R48.htm IDEA: XBRL DOCUMENT v2.4.0.8
Quarterly Financial Data -- Unaudited (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly financial data - unaudited
The following table presents summarized quarterly data for each of the two years ended December 31, 2013 and 2012:
 
 
Quarters ended in 2013
 
 
March 31
 
June 30
 
September 30
 
December 31
Selected operations data:
 
 
 
 
 
 
 
 
Interest income
 
$
13,202

 
$
13,206

 
$
13,446

 
$
13,605

Interest expense
 
998

 
865

 
824

 
848

Net interest income
 
12,204

 
12,341

 
12,622

 
12,757

Provision for loan losses
 
480

 
252

 
975

 
486

Net interest income after provision for loan losses
 
11,724

 
12,089

 
11,647

 
12,271

Other income
 
4,550

 
4,714

 
5,697

 
4,380

Other expense
 
10,612

 
10,918

 
11,082

 
10,892

Income before income taxes
 
5,662

 
5,885

 
6,262

 
5,759

Income taxes
 
2,134

 
2,220

 
2,352

 
2,140

Net income
 
3,528

 
3,665

 
3,910

 
3,619

Dividends on preferred shares
 
1,104

 
1,105

 
1,104

 
1,104

Net income available to common stockholders
 
$
2,424

 
$
2,560

 
$
2,806

 
$
2,515

Basic earnings per common share
 
$0.41
 
$0.43
 
$0.47
 
$0.43
Diluted earnings per common share
 
$0.41
 
$0.43
 
$0.47
 
$0.42

 
 
Quarters ended in 2012
 
 
March 31
 
June 30
 
September 30
 
December 31
Selected operations data:
 
 
 
 
 
 
 
 
Interest income
 
$
13,948

 
$
13,958

 
$
13,958

 
$
13,903

Interest expense
 
1,895

 
1,700

 
1,348

 
1,214

Net interest income
 
12,053

 
12,258

 
12,610

 
12,689

Provision for loan losses
 
615

 
416

 
720

 
896

Net interest income after provision for loan losses
 
11,438

 
11,842

 
11,890

 
11,793

Other income
 
4,580

 
4,497

 
4,523

 
4,710

Other expense
 
10,617

 
10,782

 
10,562

 
10,877

Income before income taxes
 
5,401

 
5,557

 
5,851

 
5,626

Income taxes
 
2,011

 
2,078

 
2,204

 
2,117

Net income
 
3,390

 
3,479

 
3,647

 
3,509

Dividends on preferred shares
 
939

 
1,105

 
1,104

 
1,104

Net income available to common stockholders
 
$
2,451

 
$
2,374

 
$
2,543

 
$
2,405

Basic earnings per common share
 
$
0.41

 
$
0.39

 
$
0.42

 
$
0.40

Diluted earnings per common share
 
$
0.41

 
$
0.39

 
$
0.42

 
$
0.40