Industry Segment Information

9 Months Ended

Sep. 30, 2012

Industry Segment Information Disclosure [Abstract]

Segment Reporting Disclosure [Text Block]

Note 5 – 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, telecommunication and environmental invoice processing and payment services primarily 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, 2011. 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.

Substantially 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 loan-to-deposit ratio of the Company’s bank subsidiary, Cass Commercial Bank (the “Bank”) 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 September 30, 2012
Total Net Revenues:
Revenue from customers	$	21,727	$	6,184	$	—		$	27,911
Intersegment revenue		2,842		408		(3,250	)		—
Net income		5,889		2,367		(2,164	)		6,092
Goodwill		11,454		136		—			11,590
Other intangible assets, net		3,905		—		—			3,905
Total assets		774,476		634,564		(17,805	)		1,391,235
Three Months Ended September 30, 2011
Total Net Revenues:
Revenue from customers	$	21,414	$	5,917	$	—		$	27,331
Intersegment revenue		2,539		466		(3,005	)		—
Net income		3,968		2,092		—			6,060
Goodwill		7,335		136		—			7,471
Other intangible assets, net		187		—		—			187
Total assets		794,998		623,706		(13,046	)		1,405,658
Nine Months Ended September 30, 2012
Total Net Revenues:
Revenue from customers	$	66,448	$	18,304	$	—		$	84,752
Intersegment revenue		8,126		1,251		(9,377	)		—
Net income		17,437		6,611		(6,086	)		17,962
Goodwill		11,454		136		—			11,590
Other intangible assets, net		3,905		—		—			3,905
Total assets		774,476		634,564		(17,805	)		1,391,235
Nine Months Ended September 30, 2011
Total Net Revenues:
Revenue from customers	$	61,950	$	18,064	$	—		$	80,014
Intersegment revenue		7,638		1,407		(9,045	)		—
Net income		11,230		6,288		—			17,518
Goodwill		7,335		136		—			7,471
Other intangible assets, net		187		—		—			187
Total assets		794,998		623,706		(13,046	)		1,405,658