Quarterly Financial Data

12 Months Ended

Dec. 31, 2012

NOTE 20. QUARTERLY FINANCIAL DATA (Unaudited)

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


				2012
		First		Second		Third		Fourth
Dollars in thousands, except per share amounts		Quarter		Quarter		Quarter		Quarter
Interest income	$	16,797	$	16,278	$	15,589	$	15,220
Net interest income		10,018		9,971		9,935		9,896
Net income (loss)		1,698		913		997		2,105
Net income (loss) applicable to common shares		1,504		719		803		1,910
Basic earnings per share	$	0.20	$	0.10	$	0.11	$	0.26
Diluted earnings per share	$	0.18	$	0.09	$	0.10	$	0.22


					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 (loss) 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

- 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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