Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

Note 21: Quarterly Financial Data (Unaudited)

The following tables summarize the Company’s quarterly results of operations for the years ended December 31, 2015 and 2014.

	Three Months Ended
2015:	March 31,		June 30,		September 30,		December 31,
	(In thousands, except per share data)
Total interest income	$	3,859	$	4,040	$	4,118	$	4,065
Total interest expense		581		582		578		542
Net interest income		3,278		3,458		3,540		3,523
Provision for loan losses		116		145		126		166
Other income		992		935		987		938
General, administrative and other expense		3,184		3,112		3,182		3,062
Income before income taxes		970		1,136		1,219		1,233
Federal income taxes		276		331		360		367
Net income	$	694	$	805	$	859	$	866
Earnings per share
Basic	$	0.14	$	0.16	$	0.17	$	0.18
Diluted	$	0.14	$	0.16	$	0.17	$	0.17

	Three Months Ended
2014:	March 31,		June 30,		September 30,		December 31,
	(In thousands, except per share data)
Total interest income	$	4,097	$	4,134	$	4,135	$	4,011
Total interest expense		626		620		615		606
Net interest income		3,471		3,514		3,520		3,405
Provision for loan losses		216		216		225		231
Other income		838		959		975		926
Gain on sale of securities - net		––		––		––		––
General, administrative and other expense		3,486		3,299		3,256		3,105
Income before income taxes		607		958		1,014		995
Federal income taxes		122		242		296		263
Net income	$	485	$	716	$	718	$	732
Earnings per share
Basic	$	0.10	$	0.14	$	0.14	$	0.16
Diluted	$	0.10	$	0.14	$	0.14	$	0.15