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Quarterly Condensed Statements of Income-Unaudited (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Condensed Statements of Income-Unaudited  
Schedule of Quarterly Condensed Statements of Income - Unaudited

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2016 Quarter Ended

 

Dollars in thousands (except per share amounts)

  

March 31

  

June 30

  

September 30

  

December 31

 

Total interest income

 

$

21,965

 

$

22,303

 

$

22,678

 

$

22,493

 

Net interest income after provision for loan losses

 

 

15,103

 

 

16,485

 

 

15,521

 

 

15,322

 

Other income

 

 

5,163

 

 

7,723

 

 

6,727

 

 

6,014

 

Other expenses

 

 

17,090

 

 

17,647

 

 

17,933

 

 

17,470

 

Income before income taxes

 

 

3,176

 

 

6,561

 

 

4,315

 

 

3,866

 

Net income

 

 

2,484

 

 

4,706

 

 

3,187

 

 

3,082

 

Net income per share—assuming dilution

 

 

0.70

 

 

1.37

 

 

0.91

 

 

0.89

 

Dividends declared per common share

 

 

0.32

 

 

0.32

 

 

0.32

 

 

0.33

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015 Quarter Ended

 

Dollars in thousands (except per share amounts)

  

March 31

   

June 30

   

September 30

   

December 31

 

Total interest income

 

$

20,803

 

$

21,350

 

$

22,778

 

$

22,118

 

Net interest income after provision for loan losses

 

 

15,257

 

 

17,019

 

 

16,377

 

 

14,190

 

Other income

 

 

5,101

 

 

5,515

 

 

4,805

 

 

5,293

 

Other expenses

 

 

16,750

 

 

16,654

 

 

16,261

 

 

16,508

 

Income before income taxes

 

 

3,608

 

 

5,880

 

 

4,921

 

 

2,974

 

Net income

 

 

2,645

 

 

4,101

 

 

3,477

 

 

2,307

 

Net income per share—assuming dilution

 

 

0.77

 

 

1.21

 

 

1.02

 

 

0.68

 

Dividends declared per common share

 

 

0.30

 

 

0.30

 

 

0.30

 

 

0.32