XML 65 R50.htm IDEA: XBRL DOCUMENT v3.3.1.900
Condensed Quarterly Earnings (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
 
 
2015
 
2014
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
(Dollars in Thousands, Except per share data)
Interest income
 
$
18,216

 
$
17,520

 
$
18,135

 
$
18,600

 
$
13,402

 
$
13,565

 
$
13,871

 
$
16,863

Interest expense
 
(3,286
)
 
(3,332
)
 
(3,525
)
 
(3,688
)
 
(2,601
)
 
(2,766
)
 
(2,936
)
 
(3,268
)
Net interest income
 
14,930

 
14,188

 
14,610

 
14,912

 
10,801

 
10,799

 
10,935

 
13,595

Provision for loan losses
 
(684
)
 
(520
)
 
(287
)
 
(1,895
)
 
(180
)
 
91

 
89

 
(1,236
)
Non-interest income
 
3,848

 
4,126

 
4,102

 
4,935

 
2,321

 
2,358

 
2,459

 
2,965

Non-interest expense
 
(11,732
)
 
(11,974
)
 
(11,984
)
 
(11,684
)
 
(7,852
)
 
(7,749
)
 
(8,047
)
 
(10,127
)
Income before income tax expense
 
6,362

 
5,820

 
6,441

 
6,268

 
5,090

 
5,499

 
5,436

 
5,197

Income taxes
 
(2,170
)
 
(1,962
)
 
(2,060
)
 
(2,185
)
 
(1,753
)
 
(1,994
)
 
(1,883
)
 
(1,453
)
Net income
 
$
4,192

 
$
3,858

 
$
4,381

 
$
4,083

 
$
3,337

 
$
3,505

 
$
3,553

 
$
3,744

Per common share data:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
0.48

 
$
0.45

 
$
0.50

 
$
0.47

 
$
0.43

 
$
0.44

 
$
0.45

 
$
0.44

Diluted earnings per common share
 
0.48

 
0.45

 
0.50

 
0.47

 
0.42

 
0.44

 
0.45

 
0.44

Dividends declared per share
 
0.11

 
0.11

 
0.11

 
0.11

 
0.105

 
0.105

 
0.105

 
0.105

All per share amounts have been adjusted to reflect the 2-for-1 stock split in the form of a 100% stock dividend completed in August 2015.