Note 19 - Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

19.  Quarterly Financial Data (unaudited)

 The following represents summarized unaudited quarterly financial data of the Company for each of the quarters ended during 2014 and 2013.

Summary of Selected Quarterly Consolidated Financial Data

(dollars in thousands, except per share data)

	For the Quarter Ended
	December 31st		September 30th			June 30th			March 31st
2014
Interest income	$	10,786	$	10,401		$	9,631		$	9,655
Interest expense		1,246		1,195			1,147			1,056
Net interest income		9,540		9,206			8,484			8,599
Provision for loan losses		300		300			300			-
Non-interest income		2,427		1,371			2,289			1,930
Non-interest expense		10,792		9,986			9,957			9,815
Provision (benefit) for income taxes		22		(6	)		(21	)		(41	)
Net income	$	853	$	297		$	537		$	755
Net income per share (1):
Basic	$	0.02	$	0.01		$	0.02		$	0.03
Diluted	$	0.02	$	0.01		$	0.02		$	0.03

2013
Interest income	$	9,544		$	9,339		$	9,215		$	9,107
Interest expense		1,106			1,113			1,117			1,254
Net interest income		8,438			8,226			8,098			7,853
Provision for loan losses		3,760			250			925			-
Non-interest income		2,211			1,892			2,870			2,243
Non-interest expense		10,117			12,108			9,056			9,130
Provision (benefit) for income taxes		33			(18	)		(24	)		(26	)
Net income (loss)	$	(3,261	)	$	(2,222	)	$	1,011		$	992
Net income (loss) per share (1):
Basic	$	(0.13	)	$	(0.09	)	$	0.04		$	0.04
Diluted	$	(0.13	)	$	(0.09	)	$	0.04		$	0.04

(1) Quarterly net income (loss) per share does not add to full year net income (loss) per share due to rounding.