Note 26 - Quarterly Operating Results (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2017

Notes Tables

Quarterly Financial Information [Table Text Block]

	2017
	4th quarter		3rd quarter		2nd quarter		1st quarter
Interest income	$	29,092	$	28,111	$	27,013	$	26,633
Interest expense		2,069		1,947		1,781		1,449
Net interest income		27,023		26,164		25,232		25,184
Provision for loan losses		900		150		600		900
Net interest income after provision		26,123		26,014		24,632		24,284
Non-interest income		11,545		11,103		11,675		10,797
Non-interest expenses		27,180		21,317		21,346		21,148
Income before income taxes		10,488		15,800		14,961		13,933
Income tax expense		5,542		4,096		4,359		3,142
Net income	$	4,946	$	11,704	$	10,602	$	10,791
Basic earnings per share	$	0.22	$	0.52	$	0.47	$	0.48
Diluted earnings per share		0.22		0.51		0.46		0.47

	2016
(In thousands, except per share data)	4th quarter		3rd quarter		2nd quarter		1st quarter
Interest income	$	26,368	$	25,942	$	25,162	$	24,700
Interest expense		1,293		1,182		1,212		1,231
Net interest income		25,075		24,760		23,950		23,469
Provision for loan losses		500		1,250		750		500
Net interest income after provision		24,575		23,510		23,200		22,969
Non-interest income		11,319		11,358		10,778		10,082
Non-interest expenses		21,269		20,518		20,193		19,540
Income before income taxes		14,625		14,350		13,785		13,511
Income tax expense		4,009		3,883		3,676		3,676
Net income	$	10,616	$	10,467	$	10,109	$	9,835
Basic earnings per share	$	0.47	$	0.47	$	0.45	$	0.44
Diluted earnings per share		0.46		0.46		0.45		0.44

	2015
(In thousands, except per share data)	4th quarter		3rd quarter		2nd quarter		1st quarter
Interest income	$	24,039	$	23,284	$	23,000	$	22,847
Interest expense		1,217		1,203		1,199		1,233
Net interest income		22,822		22,081		21,801		21,614
Provision for loan losses		750		–		–		–
Net interest income after provision		22,072		22,081		21,801		21,614
Non-interest income		10,073		9,985		10,219		9,673
Non-interest expenses		18,322		18,430		18,867		17,779
Income before income taxes		13,823		13,636		13,153		13,508
Income tax expense		4,177		4,352		4,151		4,253
Net income	$	9,646	$	9,284	$	9,002	$	9,255
Basic earnings per share	$	0.43	$	0.42	$	0.41	$	0.42
Diluted earnings per share		0.43		0.41		0.40		0.42