Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2011

Quarterly Financial Data (Unaudited)

Note 21: Quarterly Financial Data (Unaudited)

The following table summarizes the Company’s quarterly results of operations for the years ended December 31, 2011 and 2010.

	Three Months Ended
2011:	March 31,		June 30,		September 30,		December 31,
	(In thousands, except per share data)
Total interest income	$	5,038	$	5,212	$	5,071	$	4,890
Total interest expense		1,256		1,220		1,141		1,090
Net interest income		3,782		3,992		3,930		3,800
Provision for loan losses		648		494		401		425
Other income		694		895		832		721
Gain on sale of securities - net		370		––		––		––
General, administrative and other expense		3,294		3,473		3,300		3,036
Income before income taxes		904		920		1,061		1,060
Federal income taxes		166		168		260		260
Net income	$	738	$	752	$	801	$	800
Earnings per share
Basic	$	0.15	$	0.15	$	0.16	$	0.17
Diluted	$	0.15	$	0.15	$	0.16	$	0.16

	Three Months Ended
2010:	March 31,		June 30,		September 30,			December 31,
	(In thousands, except per share data)
Total interest income	$	5,530	$	5,513	$	5,403		$	5,221
Total interest expense		1,804		1,715		1,582			1,379
Net interest income		3,726		3,798		3,821			3,842
Provision for loan losses		360		370		321			765
Other income		776		859		849			786
Gain on sale of securities - net		––		––		47			––
General, administrative and other expense		3,371		3,471		3,687			3,393
Income before income taxes		771		816		709			470
Federal income taxes		88		115		(1	)		17
Net income	$	683	$	701	$	710		$	453
Earnings per share
Basic	$	0.14	$	0.14	$	0.15		$	0.09
Diluted	$	0.14	$	0.14	$	0.15		$	0.09