QUARTERLY DATA (Tables)

12 Months Ended

Dec. 31, 2012

The Company’s selected quarterly financial data is presented in the following tables (in thousands, except per share data):

	Three Months Ended
	March 31,		June 30,		September 30,		December 31,
	2012		2012		2012		2012

Total interest income	$	6,338	$	6,502	$	6,699	$	6,518
Total interest expense		1,138		1,115		1,058		1,021
Net interest income		5,200		5,387		5,641		5,497
Provision for loan losses		650		700		650		1,250
Net interest income after provision for loan losses		4,550		4,687		4,991		4,247
Total noninterest income		1,017		1,113		1,065		1,279
Total noninterest expense		3,552		3,600		3,716		3,489
Income before income taxes		2,015		2,200		2,340		2,037
Income taxes		446		519		593		420

Net Income	$	1,569	$	1,681	$	1,747	$	1,617

Earnings per share:
Basic	$	.98	$	1.05	$	1.09	$	1.00
Diluted	$	.98	$	1.05	$	1.09	$	1.00

Weighted-average shares outstanding:
Basic		1,599,646		1,599,646		1,600,248		1,608,698
Diluted		1,599,974		1,601,680		1,609,699		1,613,988

	Three Months Ended
	March 31,		June 30,		September 30,		December 31,
	2011		2011		2011		2011

Total interest income	$	6,029	$	6,141	$	6,354	$	6,398
Total interest expense		1,381		1,318		1,251		1,202
Net interest income		4,648		4,823		5,103		5,196
Provision for loan losses		425		275		1,300		875
Net interest income after provision for loan losses		4,223		4,548		3,803		4,321
Total noninterest income		954		989		932		1,030
Total noninterest expense		3,597		3,362		3,297		3,829
Income before income taxes		1,580		2,175		1,438		1,522
Income taxes		310		509		256		304

Net Income	$	1,270	$	1,666	$	1,182	$	1,218

Earnings per share:
Basic	$	.79	$	1.04	$	.73	$	.76
Diluted	$	.79	$	1.04	$	.73	$	.76

Weighted-average shares outstanding:
Basic		1,598,218		1,598,218		1,623,718		1,599,646
Diluted		1,600,252		1,599,205		1,625,183		1,599,903

DIMECO INC 10-K