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Quarterly Financial Information (unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information (unaudited)  
Summary of quarterly financial results

                                                                                                                                                                                    

 

 

 

For the Quarters Ended,

 

 

 

Q4
2015

 

Q3
2015

 

Q2
2015

 

Q1
2015

 

Q4
2014

 

Q3
2014

 

Q2
2014

 

Q1
2014

 

 

 

 

(dollars in thousands, except per share data)

 

Interest income

 

  $

17,464

 

  $

16,957

 

  $

16,741

 

  $

16,928

 

  $

17,064

 

  $

16,895

 

  $

16,541

 

  $

13,588

 

Net interest income

 

 

16,123

 

 

15,396

 

 

15,242

 

 

15,498

 

 

15,726

 

 

15,571

 

 

15,197

 

 

12,437

 

Non-interest income

 

 

2,061

 

 

2,806

 

 

2,271

 

 

3,001

 

 

2,354

 

 

2,982

 

 

2,476

 

 

1,763

 

Non-interest expense

 

 

12,774

 

 

12,151

 

 

11,429

 

 

11,813

 

 

11,385

 

 

13,382

 

 

12,986

 

 

17,039

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Income before provision (benefit) for income taxes

 

 

5,410

 

 

6,051

 

 

6,084

 

 

6,686

 

 

6,695

 

 

5,171

 

 

4,687

 

 

(2,839

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

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​  

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​  

Net income (loss)

 

 

3,478

 

 

4,002

 

 

3,800

 

 

4,069

 

 

4,352

 

 

3,429

 

 

2,949

 

 

(1,765

)

​  

​  

​  

​  

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Dividends and accretion on preferred stock

 

 

-    

 

 

-    

 

 

70

 

 

-    

 

 

168

 

 

-    

 

 

-    

 

 

-    

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net income (loss) available to common shareholders

 

  $

3,478

 

  $

4,002

 

  $

3,730

 

  $

4,069

 

  $

4,184

 

  $

3,429

 

  $

2,949

 

  $

(1,765

)

​  

​  

​  

​  

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​  

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Earnings per common share

 

 


 

 

 


 

 

 


 

 

 


 

 

 


 

 

 


 

 

 


 

 

 


 

 

Basic

 

  $

0.10

 

  $

0.12

 

  $

0.11

 

  $

0.12

 

  $

0.13

 

  $

0.10

 

  $

0.09

 

  $

(0.06

)

Diluted

 

  $

0.10

 

  $

0.12

 

  $

0.11

 

  $

0.12

 

  $

0.13

 

  $

0.10

 

  $

0.09

 

  $

(0.06

)

Dividends Declared Per Common Share

 

  $

0.06

 

  $

0.06

 

  $

0.06

 

  $

0.05

 

  $

0.05

 

  $

0.03

 

  $

-    

 

  $

-