23. Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2012

Notes to Financial Statements

23. Quarterly Financial Data (Unaudited)

A summary of financial data for the four quarters of 2012 and 2011 is presented below:

	Quarters in 2012 ended
	March 31,		June 30,		Sept. 30,		Dec. 31,
Interest income	$	5,589,896	$	5,632,862	$	5,782,081	$	5,816,492
Interest expense		1,270,927		1,239,156		1,238,391		1,133,845
Provision for loan losses		250,003		249,999		249,999		249,999
Non-interest income		1,354,977		1,533,032		1,530,217		1,770,734
Non-interest expense		4,549,932		4,718,213		4,553,023		5,045,602
Net income		964,849		1,021,192		1,267,351		1,147,298
Earnings per common share		0.19		0.2		0.26		0.23
	Quarters in 2011 ended
		March 31,		June 30,		Sept. 30,		Dec. 31,
Interest income	$	5,677,112	$	5,740,797	$	5,681,164	$	5,645,290
Interest expense		1,511,470		1,421,507		1,344,414		1,318,237
Provision for loan losses		187,500		237,500		287,500		287,500
Non-interest income		1,459,469		1,279,195		1,114,448		1,349,057
Non-interest expense		4,349,514		4,386,659		4,252,653		4,544,256
Net income		944,868		871,318		820,624		946,736
Earnings per common share		0.19		0.18		0.17		0.19