Consolidated Quarterly Results of Operations (unaudited)


*(dollars in thousands, except per share data)*	First Quarter		Second Quarter		Third Quarter		Fourth Quarter

Year Ended December 31, 2013
Total interest income	$	10,875	$	10,852	$	11,226	$	10,767
Total interest expense		1,025		922		823		733

Net interest income		9,850		9,930		10,403		10,034
Provision for loan losses		520		2,248		453		431

Net interest income after provision for loan losses		9,330		7,682		9,950		9,603
Noninterest income		1,816		2,276		1,780		1,797
Noninterest expense		8,333		8,094		8,003		8,774

Income before income taxes		2,813		1,864		3,727		2,626
Income tax expense		952		621		1,244		919

Net income	$	1,861	$	1,243	$	2,483	$	1,707

Earnings per share - basic	$	0.28	$	0.19	$	0.38	$	0.26

Earnings per share - diluted	$	0.26	$	0.18	$	0.37	$	0.25


*(dollars in thousands, except per share data)*	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Year Ended December 31, 2012
Total interest income	$	11,265	$	11,230	$	12,120	$	11,507
Total interest expense		1,313		1,262		1,204		1,135

Net interest income		9,952		9,968		10,916		10,372
Provision for loan losses		712		1,160		56		483

Net interest income after provision for loan losses		9,240		8,808		10,860		9,889
Noninterest income		1,763		1,970		2,160		1,868
Noninterest expense		7,872		8,113		8,462		8,316

Income before income taxes		3,131		2,665		4,558		3,441
Income tax expense		1,071		912		1,506		1,116

Net income	$	2,060	$	1,753	$	3,052	$	2,325

Earnings per share - basic	$	0.30	$	0.25	$	0.44	$	0.34

Earnings per share - diluted	$	0.29	$	0.24	$	0.42	$	0.33