BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2012 and 2011.

	Three Months Ended September 30, 2012
			PGB Trust
(In thousands)	Banking		& Investments		Total
Net interest income	$	12,011	$	839	$	12,850
Noninterest income		1,564		2,995		4,559
Total income		13,575		3,834		17,409
Provision for loan losses		750		—		750
Salaries and benefits		5,696		1,333		7,029
Premises and equipment expense		2,149		141		2,290
Other noninterest expense		1,837		837		2,674
Total noninterest expense		10,432		2,311		12,743
Income before income tax expense		3,143		1,523		4,666
Income tax expense		1,235		599		1,834
Net income	$	1,908	$	924	$	2,832

	Three Months Ended September 30, 2011
				PGB Trust
(In thousands)	Banking			& Investments		Total
Net interest income	$	11,028		$	867	$	11,895
Noninterest income		1,354			2,619		3,973
Total income		12,382			3,486		15,868
Provision for loan losses		1,500			—		1,500
Salaries and benefits		4,587			1,202		5,789
Premises and equipment expense		2,169			153		2,322
Other noninterest expense		1,587			875		2,462
Total noninterest expense		9,843			2,230		12,073
Income before income tax expense		2,539			1,256		3,795
Income tax expense		(2,021	)		484		(1,537	)
Net income	$	4,560		$	772	$	5,332

	Nine Months Ended September 30, 2012
			PGB Trust
(In thousands)	Banking		& Investments		Total
Net interest income	$	36,116	$	2,528	$	38,644
Noninterest income		4,390		9,563		13,953
Total income		40,506		12,091		52,597
Provision for loan losses		3,750		—		3,750
Salaries and benefits		15,631		3,919		19,550
Premises and equipment expense		6,604		430		7,034
Other noninterest expense		5,395		2,798		8,193
Total noninterest expense		31,380		7,147		38,527
Income before income tax expense		9,126		4,944		14,070
Income tax expense		3,524		1,908		5,432
Net income	$	5,602	$	3,036	$	8,638
Total assets for period end	$	1,582,127	$	1,363	$	1,583,490

	Nine Months Ended September 30, 2011
				PGB Trust
(In thousands)	Banking			& Investments		Total
Net interest income	$	33,669		$	2,630	$	36,299
Noninterest income		4,166			8,300		12,466
Total income		37,835			10,930		48,765
Provision for loan losses		5,500			—		5,500
Salaries and benefits		13,968			3,611		17,579
Premises and equipment expense		6,561			497		7,058
Other noninterest expense		5,153			3,061		8,214
Total noninterest expense		31,182			7,169		38,351
Income before income tax expense		6,653			3,761		10,414
Income tax expense		(585	)		1,358		773
Net income	$	7,238		$	2,403	$	9,641
Total assets for period end	$	1,574,000		$	1,288	$	1,575,288