Industry Segment Information

6 Months Ended

Jun. 30, 2011

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 6 – Industry Segment Information

The services provided by the Company are classified into two reportable segments: Information Services and Banking Services. Each of these segments provides distinct services that are marketed through different channels. They are managed separately due to their unique service, processing and capital requirements.

The Information Services segment provides freight, utility and telecommunication invoice processing and payment services to large corporations. The Banking Services segment provides banking services primarily to privately-held businesses and churches.

The Company’s accounting policies for segments are the same as those described in the summary of significant accounting policies in the Company’s Annual Report on Form 10-K for the year ended December 31, 2010. Management evaluates segment performance based on net income after allocations for corporate expenses and income taxes. Transactions between segments are accounted for at what management believes to be fair value.

All revenue originates from and all long-lived assets are located within North America, and no revenue from any customer of any segment exceeds 10% of the Company’s consolidated revenue.

Assets represent actual assets owned by Information Services and there is no allocation methodology used. Loans are sold by Banking Services to Information Services to create liquidity when the Bank’s loan-to-deposit ratio is greater than 100%. Segment interest from customers is the actual interest earned on the loans owned by Information Services and Banking Services, respectively.

Summarized information about the Company’s operations in each industry segment is as follows:

					Corporate,
	Information		Banking		Eliminations
(In thousands)	Services		Services		and other			Total
Three Months Ended June 30, 2011
Total Net Revenues:
Revenue from customers	$	20,690	$	5,913	$	—		$	26,603
Intersegment revenue		2,473		484		(2,957	)		—
Net income		3,710		2,029		—			5,739
Goodwill		7,335		136		—			7,471
Other intangible assets, net		214		—		—			214
Total assets		705,956		595,471		(13,729	)		1,287,698
Three Months Ended June 30, 2010
Total Net Revenues:
Revenue from customers	$	18,551	$	5,199	$	—		$	23,750
Intersegment revenue		1,984		413		(2,397	)		—
Net income		3,353		1,547		—			4,900
Goodwill		7,335		136		—			7,471
Other intangible assets, net		321		—		—			321
Total assets		630,555		521,226		(6,613	)		1,145,168
Six Months Ended June 30, 2011
Total Net Revenues:
Revenue from customers	$	40,536	$	12,147	$	—		$	52,683
Intersegment revenue		5,099		941		(6,040	)		—
Net income		7,262		4,196		—			11,458
Goodwill		7,335		136		—			7,471
Other intangible assets, net		214		—		—			214
Total assets		705,956		595,471		(13,729	)		1,287,698
Six Months Ended June 30, 2010
Total Net Revenues:
Revenue from customers	$	35,779	$	10,748	$	—		$	46,527
Intersegment revenue		4,259		793		(5,052	)		—
Net income		6,257		3,392		—			9,649
Goodwill		7,335		136		—			7,471
Other intangible assets, net		321		—		—			321
Total assets		630,555		521,226		(6,613	)		1,145,168