Note 27 - Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
Note
2
7
- Selected Quarterly Financial Data (Unaudited)
 
 
 
2016
 
(dollars in thousands, except per share data)
 
1
st
Quarter
 
 
2
nd
Quarter
 
 
3
rd
Quarter
 
 
4
th
Quarter
 
Interest income
  $
28,269
    $
29,286
    $
29,514
    $
29,922
 
Interest expense
   
2,367
     
2,659
     
2,797
     
2,932
 
Net interest income
   
25,902
     
26,627
     
26,717
     
26,990
 
Provision for loan and lease losses
   
1,410
     
445
     
1,412
     
1,059
 
Other income
   
13,208
     
13,820
     
13,892
     
13,119
 
Other expense
   
25,051
     
26,259
     
25,477
     
24,958
 
Income before income taxes
   
12,649
     
13,743
     
13,720
     
14,092
 
Income taxes
   
4,328
     
4,810
     
4,346
     
4,684
 
Net income
  $
8,321
    $
8,933
    $
9,374
    $
9,408
 
Basic earnings per common share
*
  $
0.49
    $
0.53
    $
0.56
    $
0.56
 
Diluted earnings per common share
*
  $
0.49
    $
0.52
    $
0.55
    $
0.55
 
Dividend declared
  $
0.20
    $
0.20
    $
0.21
    $
0.21
 
 
 
 
 
2015
 
(dollars in thousands, except per share data)
 
1
st
Quarter
 
 
2
nd
Quarter
 
 
3
rd
Quarter
 
 
4
th
Quarter
 
Interest income
  $
26,754
    $
26,993
    $
27,029
    $
27,766
 
Interest expense
   
1,959
     
1,923
     
2,196
     
2,337
 
Net interest income
   
24,795
     
25,070
     
24,833
     
25,429
 
Provision for loan and lease losses
   
569
     
850
     
1,200
     
1,777
 
Other income
   
14,765
     
14,177
     
13,350
     
13,668
 
Other expense
   
27,429
     
25,982
     
25,403
     
46,951
 
Income (loss) before income taxes
   
11,562
     
12,415
     
11,580
     
(9,631
)
Income taxes
   
4,068
     
4,296
     
4,084
     
(3,276
)
Net income (loss)
  $
7,494
    $
8,119
    $
7,496
    $
(6,355
)
Basic earnings (loss) per common share
*
  $
0.43
    $
0.46
    $
0.43
    $
(0.37
)
Diluted earnings per common share
*
  $
0.42
    $
0.45
    $
0.42
    $
(0.37
)
Dividend declared
  $
0.19
    $
0.19
    $
0.20
    $
0.20
 
 
 
*Earnings per share is computed independently for each period shown. As a result, the sum of the quarters
may
not equal the total earnings per share for the year
.