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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)

Note 21 – Quarterly Financial Data (Unaudited) 

                                 
                      Earnings Per Share

 

(Dollars in thousands)

  Interest
Income
  Net
Interest
Income
  Net
Income
  Basic   Fully
Diluted
 
2015                                
First Quarter   $ 4,746   $ 4,490   $ 1,642   $ 0.50   $ 0.49  
Second Quarter     4,832     4,579     1,431     0.43     0.43  
Third Quarter     4,871     4,625     1,450     0.44     0.44  
Fourth Quarter     4,904     4,670     1,222     0.37     0.37  
                                 
2014                                
First Quarter   $ 4,656   $ 4,353   $ 1,248   $ 0.38   $ 0.38  
Second Quarter     4,738     4,449     1,337     0.40     0.40  
Third Quarter     4,817     4,535     1,554     0.47     0.47  
Fourth Quarter     4,803     4,526     1,556     0.48     0.47  

  

There were no significant fluctuations in the quarterly financial data in 2014 or 2015. The growth in net income that occurred in 2015 was due to a decrease in interest expense and an increase in noninterest income.