Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

23. Quarterly Financial Data (Unaudited)

The unaudited quarterly results of operations for the years ended December 31, 2013 and 2012 are as follows (in thousands, except per share data):


	Quarters Ended in 2013								Quarters Ended in 2012
	Mar. 31		June 30		Sept. 30		Dec. 31		Mar. 31		June 30		Sept. 30		Dec. 31
Total interest and dividend income	$	16,704	$	16,758	$	17,465	$	20,489	$	16,824	$	17,207	$	17,133	$	16,965
Net interest income		13,451		13,826		14,648		17,279		12,677		13,274		13,670		13,588
Provision for loan losses		930		3,115		846		1,247		1,104		1,746		1,188		2,343
Non-interest income		3,071		3,771		3,248		3,676		3,518		3,264		3,079		2,803
Non-interest expense		9,682		10,793		10,343		12,995		9,014		8,833		9,208		8,890
Net income		4,297		2,951		4,703		4,728		4,347		4,336		4,563		3,890
Net income per share, basic		0.34		0.24		0.38		0.33		0.35		0.35		0.37		0.31
Net income per share, diluted		0.34		0.24		0.38		0.33		0.35		0.35		0.37		0.31

During the quarter ended December 31, 2013, the Corporation completed its acquisition of FC Banc Corp. FC Banc Corp. results of operations were included in the Corporation’s results beginning October 12, 2013. A provision for loan losses in the amount of $2,343 was recorded during the quarter ended December 31, 2012 as a result of specific reserves required for impaired loans in the commercial, industrial, and agricultural loan portfolio in the fourth quarter of 2012.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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