Segment Information

3 Months Ended

Mar. 31, 2014

Segment Information [Abstract]

Segment Information

NOTE 7 – SEGMENT INFORMATION

Our insurance agency operations are managed separately from the traditional banking and related financial services that we also offer.  The insurance agency operation provides commercial, individual, and group benefit plans and personal coverage.

	Banking and		Insurance
(Dollars in thousands)	Financial Services		Services		Total
Three Months Ended March 31, 2014
Net interest income from external sources	$	4,305	$	1	$	4,306
Other income from external sources		606		985		1,591
Depreciation and amortization		158		5		163
Income before income taxes		622		354		976
Income tax expense (1)		156		142		298
Total assets		543,151		3,821		546,972
Three Months Ended March 31, 2013
Net interest income from external sources	$	3,843	$	-	$	3,843
Other income from external sources		1,043		842		1,885
Depreciation and amortization		169		2		171
(Loss) income before income taxes		(192)		200		8
Income tax (benefit) expense (1)		(170)		80		(90)
Total assets		515,319		3,493		518,812

(1) Insurance Services calculated at statutory tax rate of 40%