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23. Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Note 23. Quarterly Financial Data (Unaudited)

Note 23.  Quarterly Financial Data (Unaudited)

 

A summary of financial data for the four quarters of 2014 and 2013 is presented below:

 

  Quarters in 2014 ended
  March 31, June 30, Sept. 30, Dec. 31,
         
Interest income $5,618,276 $5,714,147 $5,829,041 $5,788,813
Interest expense 793,290 777,996 761,009 723,449
Provision for loan losses 135,000 135,000 135,000 135,000
Non-interest income 1,313,501 1,337,222 1,244,680 1,246,348
Non-interest expense 4,712,196 4,488,406 4,411,428 4,417,782
Net income 1,071,565 1,284,386 1,377,189 1,391,768
Earnings per common share 0.22 0.26 0.28 0.28
         
  Quarters in 2013 ended
  March 31, June 30, Sept. 30, Dec. 31,
         
Interest income $5,562,049 $5,804,849 $5,607,136 $5,665,748
Interest expense 934,797 892,403 819,426 795,508
Provision for loan losses 206,250 120,000 137,500 206,250
Non-interest income 1,368,192 1,520,858 1,540,425 1,553,093
Non-interest expense 4,589,290 4,818,263 4,471,596 4,413,325
Net income 1,041,778 1,238,344 1,354,933 1,451,600
Earnings per common share 0.21 0.25 0.28 0.29