Note 20 - Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

20. Quarterly Financial Data (unaudited)

The following represents summarized unaudited quarterly financial data of the Company for each of the quarters ended during 2015 and 2014.

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
2015
Interest income	$	12,406		$	11,370		$	10,899		$	10,761
Interest expense		1,419			1,378			1,290			1,294
Net interest income		10,987			9,992			9,609			9,467
Provision for loan losses		500			-			-			-
Non-interest income		4,740			1,604			2,022			1,577
Non-interest expense		14,446			11,024			11,103			10,518
Benefit for income taxes		(9	)		(10	)		(5	)		(2	)
Net income	$	790		$	582		$	533		$	528
Net income per share:
Basic	$	0.02		$	0.02		$	0.01		$	0.01
Diluted	$	0.02		$	0.02		$	0.01		$	0.01

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

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