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Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2015
Summary of Quarterly Earnings | The following tables present selected financial data by quarter for the periods indicated:
|  | Year Ended December 31, 2015 |
(Amounts in thousands, except share and per share data) |  | First Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Fourth Quarter |
Interest income |  | $ | 24,098 |  |  | $ | 23,979 |  |  | $ | 24,348 |  |  | $ | 23,677 |
Interest expense |  |  | 3,259 |  |  |  | 2,909 |  |  |  | 2,679 |  |  |  | 2,502 |
Net interest income |  |  | 20,839 |  |  |  | 21,070 |  |  |  | 21,669 |  |  |  | 21,175 |
Provision for loan losses |  |  | 1,100 |  |  |  | 276 |  |  |  | 381 |  |  |  | 434 |
Net interest income after provision for loan losses |  |  | 19,739 |  |  |  | 20,794 |  |  |  | 21,288 |  |  |  | 20,741 |
Other income, excluding net (loss) gain on sale of securities |  |  | 6,859 |  |  |  | 7,924 |  |  |  | 7,113 |  |  |  | 7,490 |
Net (loss) gain on sale of securities |  |  | (23 | ) |  |  | 213 |  |  |  | (39 | ) |  |  | (7 | )
Total noninterest expense |  |  | 17,780 |  |  |  | 20,289 |  |  |  | 19,019 |  |  |  | 19,083 |
Income before income taxes |  |  | 8,795 |  |  |  | 8,642 |  |  |  | 9,343 |  |  |  | 9,141 |
Income tax |  |  | 2,837 |  |  |  | 2,467 |  |  |  | 3,084 |  |  |  | 2,993 |
Net income |  |  | 5,958 |  |  |  | 6,175 |  |  |  | 6,259 |  |  |  | 6,148 |
Dividends on preferred stock |  |  | 105 |  |  |  | — |  |  |  | — |  |  |  | — |
Net income available to common shareholders |  | $ | 5,853 |  |  | $ | 6,175 |  |  | $ | 6,259 |  |  | $ | 6,148 |
Basic earnings per common share |  | $ | 0.31 |  |  | $ | 0.33 |  |  | $ | 0.34 |  |  | $ | 0.34 |
Diluted earnings per common share |  |  | 0.31 |  |  |  | 0.33 |  |  |  | 0.34 |  |  |  | 0.34 |
Dividend per common share |  |  | 0.13 |  |  |  | 0.13 |  |  |  | 0.14 |  |  |  | 0.14 |
Weighted average basic shares outstanding |  |  | 18,633,574 |  |  |  | 18,831,742 |  |  |  | 18,470,348 |  |  |  | 18,193,824 |
Weighted average diluted shares outstanding |  |  | 19,344,443 |  |  |  | 18,860,119 |  |  |  | 18,500,975 |  |  |  | 18,226,719 |
|  | Year Ended December 31, 2014 |
(Amounts in thousands, except share and per share data) |  | First Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Fourth Quarter |
Interest income |  | $ | 26,083 |  |  | $ | 26,093 |  |  | $ | 25,751 |  |  | $ | 28,181 |
Interest expense |  |  | 4,058 |  |  |  | 4,025 |  |  |  | 3,736 |  |  |  | 3,471 |
Net interest income |  |  | 22,025 |  |  |  | 22,068 |  |  |  | 22,015 |  |  |  | 24,710 |
Provision for (recovery of) loan losses |  |  | 1,793 |  |  |  | 1,279 |  |  |  | (2,439 | ) |  |  | (488 | )
Net interest income after provision for loan losses |  |  | 20,232 |  |  |  | 20,789 |  |  |  | 24,454 |  |  |  | 25,198 |
Other income, excluding net gain (loss) on sale of securities |  |  | 7,189 |  |  |  | 7,663 |  |  |  | 7,347 |  |  |  | 9,189 |
Net gain (loss) on sale of securities |  |  | 45 |  |  |  | (59 | ) |  |  | 320 |  |  |  | (1,691 | )
Total noninterest expense |  |  | 19,180 |  |  |  | 18,163 |  |  |  | 21,469 |  |  |  | 24,050 |
Income before income taxes |  |  | 8,286 |  |  |  | 10,230 |  |  |  | 10,652 |  |  |  | 8,646 |
Income tax |  |  | 2,561 |  |  |  | 3,223 |  |  |  | 3,609 |  |  |  | 2,931 |
Net income |  |  | 5,725 |  |  |  | 7,007 |  |  |  | 7,043 |  |  |  | 5,715 |
Dividends on preferred stock |  |  | 228 |  |  |  | 227 |  |  |  | 228 |  |  |  | 227 |
Net income available to common shareholders |  | $ | 5,497 |  |  | $ | 6,780 |  |  | $ | 6,815 |  |  | $ | 5,488 |
Basic earnings per common share |  | $ | 0.30 |  |  | $ | 0.37 |  |  | $ | 0.37 |  |  | $ | 0.30 |
Diluted earnings per common share |  |  | 0.29 |  |  |  | 0.36 |  |  |  | 0.36 |  |  |  | 0.29 |
Dividend per common share |  |  | 0.12 |  |  |  | 0.12 |  |  |  | 0.13 |  |  |  | 0.13 |
Weighted average basic shares outstanding |  |  | 18,423,123 |  |  |  | 18,395,996 |  |  |  | 18,402,764 |  |  |  | 18,403,959 |
Weighted average diluted shares outstanding |  |  | 19,506,647 |  |  |  | 19,457,237 |  |  |  | 19,466,126 |  |  |  | 19,482,000

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 + Details
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