Segment Information

6 Months Ended

Jun. 30, 2012

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.

		Three Months Ended June 30, 2012						Three Months Ended June 30, 2011
		Banking and						Banking and
		Financial	Insurance					Financial	Insurance
(Dollars in thousands)		Services	Services			Total		Services	Services			Total
Net interest income from external sources	$	4,150	$	-	$	4,150	$	4,266	$	-	$	4,266
Other income from external sources		810		609		1,419		937		564		1,501
Depreciation and amortization		169		2		171		151		3		154
Income before income taxes		475		71		546		908		48		956
Income tax expense (benefit)(1)		37		28		65		210		19		229
Total assets		508,701		3,489		512,190		470,020		3,143		473,163

		Six Months Ended June 30, 2012								Six Months Ended June 30, 2011
		Banking and								Banking and
		Financial		Insurance						Financial	Insurance
		Services		Services			Total			Services	Services			Total
Net interest income from external sources	$	8,136		$	-	$	8,136		$	8,623	$	-	$	8,623
Other income from external sources		1,535			1,208		2,743			1,567		1,179		2,746
Depreciation and amortization		331			5		336			301		6		307
Income (loss) before income taxes		(24	)		110		86			1,701		158		1,859
Income tax expense (benefit)(1)		(244	)		44		(200	)		375		63		438
Total assets		508,701			3,489		512,190			470,020		3,143		473,163

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