BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2012

Business Segments Tables

Schedule of income and total assets

The following table presents the statements of income and total assets for the Corporation’s reportable segments for the three and six months ended June 30, 2012 and 2011.

	Three Months Ended June 30, 2012
			PGB Trust
(In thousands)	Banking		& Investments		Total
Net interest income	$	12,070	$	833	$	12,903
Noninterest income		1,351		3,320		4,671
Total income		13,421		4,153		17,574
Provision for loan losses		1,500		—		1,500
Salaries and benefits		5,060		1,348		6,408
Premises and equipment expense		2,263		150		2,413
Other noninterest expense		1,863		1,020		2,883
Total noninterest expense		10,686		2,518		13,204
Income before income tax expense		2,735		1,635		4,370
Income tax expense		1,030		617		1,647
Net income	$	1,705	$	1,018	$	2,723

	Three Months Ended June 30, 2011
			PGB Trust
(In thousands)	Banking		& Investments		Total
Net interest income	$	11,315	$	868	$	12,183
Noninterest income		1,427		2,897		4,324
Total income		12,742		3,765		16,507
Provision for loan losses		2,000		—		2,000
Salaries and benefits		4,616		1,201		5,817
Premises and equipment expense		2,218		168		2,386
Other noninterest expense		1,796		1,036		2,832
Total noninterest expense		10,630		2,405		13,035
Income before income tax expense		2,112		1,360		3,472
Income tax expense		802		502		1,304
Net income	$	1,310	$	858	$	2,168

	Six Months Ended June 30, 2012
			PGB Trust
(In thousands)	Banking		& Investments		Total
Net interest income	$	24,105	$	1,689	$	25,794
Noninterest income		2,826		6,568		9,394
Total income		26,931		8,257		35,188
Provision for loan losses		3,000		—		3,000
Salaries and benefits		9,935		2,586		12,521
Premises and equipment expense		4,455		289		4,744
Other noninterest expense		3,558		1,961		5,519
Total noninterest expense		20,948		4,836		25,784
Income before income tax expense		5,983		3,421		9,404
Income tax expense		2,289		1,309		3,598
Net income	$	3,694	$	2,112	$	5,806
Total assets for period end	$	1,577,237	$	1,368	$	1,578,605

	Six Months Ended June 30, 2011
			PGB Trust
(In thousands)	Banking		& Investments		Total
Net interest income	$	22,641	$	1,763	$	24,404
Noninterest income		2,812		5,681		8,493
Total income		25,453		7,444		32,897
Provision for loan losses		4,000		—		4,000
Salaries and benefits		9,381		2,409		11,790
Premises and equipment expense		4,392		344		4,736
Other noninterest expense		3,566		2,186		5,752
Total noninterest expense		21,339		4,939		26,278
Income before income tax expense		4,114		2,505		6,619
Income tax expense		1,436		874		2,310
Net income	$	2,678	$	1,631	$	4,309
Total assets for period end	$	1,509,446	$	1,294	$	1,510,740