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Summary of quarterly financial information
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Summary of quarterly financial information

21. Summary of quarterly financial information (unaudited):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

Quarter Ended

 

March 31

 

June 30

 

Sept. 30

 

Dec. 31 

 

Interest income

 

$
15,628

 

$
15,638

 

$
15,598

    

$
16,177

 

Interest expense

 

 
1,535

 

 
1,448

 

 
1,485

 

 
1,569

 

Net interest income

 

 
14,093

 

 
14,190

 

 
14,113

 

 
14,608

 

Provision for loan losses

 

 
750

 

 
750

 

 
900

 

 
1,300

 

Net interest income after provision for loan losses

 

 
13,343

 

 
13,440

 

 
13,213

 

 
13,308

 

Noninterest income

 

 
4,309

 

 
3,626

 

 
4,015

 

 
3,769

 

Noninterest expense

 

 
11,094

 

 
11,511

 

 
11,706

 

 
12,468

 

Income before income taxes

 

 
6,558

 

 
5,555

 

 
5,522

 

 
4,609

 

Income tax expense

 

 
1,514

 

 
1,124

 

 
1,113

 

 
770

 

Net income

 

$
5,044

 

$
4,431

 

$
4,409

 

$
3,839

 

Per share data:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$
0.67

 

$
0.59

 

$
0.58

 

$
0.52

 

Cash dividends declared

 

$
0.31

 

$
0.31

 

$
0.31

 

$
0.31

 

Average common shares outstanding

 

 
7,548,358

 

 
7,546,198

 

 
7,536,824

 

 
7,435,440

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

Quarter Ended

 

March 31

 

June 30

 

Sept. 30

 

Dec. 31

 

Interest income

    

$
16,432

    

$
15,482

    

$
16,192

    

$
15,850

 

Interest expense

 

 
1,687

 

 
1,727

 

 
1,642

 

 
1,586

 

Net interest income

 

 
14,745

 

 
13,755

 

 
14,550

 

 
14,264

 

Provision for loan losses

 

 
857

 

 
1,201

 

 
666

 

 
800

 

Net interest income after provision for loan losses

 

 
13,888

 

 
12,554

 

 
13,884

 

 
13,464

 

Noninterest income

 

 
3,560

 

 
3,778

 

 
4,380

 

 
3,533

 

Noninterest expense

 

 
11,287

 

 
12,239

 

 
11,084

 

 
11,323

 

Income (loss) before income taxes

 

 
6,161

 

 
4,093

 

 
7,180

 

 
5,674

 

Income tax expense (benefit)

 

 
1,463

 

 
762

 

 
1,944

 

 
1,290

 

Net income (loss)

 

$
4,698

 

$
3,331

 

$
5,236

 

$
4,384

 

Per share data:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$
0.62

 

$
0.44

 

$
0.70

 

$
0.58

 

Cash dividends declared

 

$
0.31

 

$
0.31

 

$
0.31

 

$
0.31

 

Average common shares outstanding

 

 
7,550,253

 

 
7,548,358

 

 
7,548,358

 

 
7,548,358