XML 42 R22.htm IDEA: XBRL DOCUMENT v2.4.0.8
BUSINESS SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2014
Business Segments Tables  
Schedule of income and total assets for reportable segments

The following table presents the statements of income and total assets for the Corporation’s reportable segments for the three months ended March 31, 2014 and 2013.

   Three Months Ended March 31, 2014 
(In thousands)  Banking   Wealth
Management
Division
   Total 
Net interest income  $14,588   $983   $15,571 
Noninterest income   1,190    3,805    4,995 
   Total income   15,778    4,788    20,566 
                
Provision for loan losses   1,325        1,325 
Salaries and benefits   7,015    1,833    8,848 
Premises and equipment expense   2,269    169    2,438 
Other noninterest expense   1,853    1,200    3,053 
Total noninterest expense   12,462    3,202    15,664 
Income before income tax expense   3,316    1,586    4,902 
Income tax expense   1,266    605    1,871 
Net income  $2,050   $981   $3,031 
                
                
Total assets for period end  $2,240,297   $11,188   $2,251,485 

 

   Three Months Ended March 31, 2013 
(In thousands)  Banking   Wealth
Management
Division
   Total 
Net interest income  $11,392   $1,035   $12,427 
Noninterest income   2,088    3,516    5,604 
   Total income   13,480    4,551    18,031 
                
Provision for loan losses   850        850 
Salaries and benefits   5,790    1,289    7,079 
Premises and equipment expense   2,157    147    2,304 
Other noninterest expense   1,672    1,238    2,910 
Total noninterest expense   10,469    2,674    13,143 
Income before income tax expense   3,011    1,877    4,888 
Income tax expense   1,229    766    1,995 
Net income  $1,782   $1,111   $2,893 
                
                
Total assets for period end  $1,633,949   $1,383   $1,635,332