For those who aren't math wizards; 349,000 divided by 2,331,646 = 0.1496796
And Q4/13 net income would not have been $677,000 but $328,000 (down 29% compared to q4/12).
Was shocked to learn that net income would have been down 29% y/y if it hadn't been for the one time event of selling those branches. Couple that with significant drop in total deposits and one has to wonder.
Numbers don't lie, you just need to know how to use your brain & calculator.