Take away the "gain on sale of other real estate owned".....
....and it appears (based on all the other numbers used in calculation by the company) q4/13 net income would not have been $677,000 but $328,000 (down 29% compared to q4/12)..Of course the provision for income taxes may have been slightly lower, but you get the idea.
Refer to page 8 of their .pdf press release, as well as the mention of this data on pages 3 & 4 under noninterest income. Am I missing something???
Noninterest Income. Total noninterest income increased by $329,000, from $197,000 in the fourth quarter of 2012 to $526,000 in the fourth quarter of 2013. During the fourth quarter of 2013, two bank branch sites were sold for a net gain on sale of other real estate owned of $349,000, compared to a $30,000 net loss on sale of other real estate owned in the fourth quarter of 2012.