Quarterly Financial Data

12 Months Ended

Dec. 31, 2011

NOTE 20. QUARTERLY FINANCIAL DATA (Unaudited)

A summary of our unaudited selected quarterly financial data is as follows:

					2011
		First			Second			Third			Fourth
Dollars in thousands, except per share amounts		Quarter			Quarter			Quarter			Quarter
Interest income	$	18,200		$	18,109		$	17,652		$	17,086
Net interest income		10,102			10,160			9,921			9,661
Net income (loss)		(248	)		905			1,936			1,480
Net income applicable to common shares		(322	)		831			1,862			1,331
Basic earnings per share	$	(0.04	)	$	0.11		$	0.25		$	0.18
Diluted earnings per share	$	(0.04	)	$	0.11		$	0.24		$	0.16



					2010
		First			Second			Third			Fourth
Dollars in thousands, except per share amounts		Quarter			Quarter			Quarter			Quarter
Interest income	$	20,645		$	20,208		$	19,554		$	19,266
Net interest income		10,232			9,936			9,548			10,437
Net income (loss)		120			(2,878	)		(128	)		910
Net income applicable to common shares		46			(2,952	)		(202	)		836
Basic earnings per share	$	0.01		$	(0.40	)	$	(0.03	)	$	0.11
Diluted earnings per share	$	0.01		$	(0.40	)	$	(0.03	)	$	0.11

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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