Segment Information

3 Months Ended

Mar. 31, 2012

Segment Information [Abstract]

Segment Information

Segment Information

The reportable segments are determined by the products and services offered, primarily distinguished between banking and trust operations. They are also distinguished by the level of information provided to the chief operating decision makers in the Company, who use such information to review performance of various components of the business, which are then aggregated. Loans, investments, and deposits provide the revenues in the banking operation, and trust service fees provide the revenue in trust operations. All operations are domestic.

Significant segment totals are reconciled to the financial statements as follows:

(In Thousands of Dollars) March 31, 2012	Trust Segment		Bank Segment		Eliminations and Others			Consolidated Totals
Assets
Cash and cash equivalents	$	1,384	$	67,304	$	(113	)	$	68,575
Securities available for sale		3,371		408,473		165			412,009
Loans held for sale		0		3,195		0			3,195
Net loans		0		567,181		0			567,181
Premises and equipment, net		89		16,938		0			17,027
Goodwill and other intangibles		6,339		0		0			6,339
Other assets		872		30,911		336			32,119
Total Assets	$	12,055	$	1,094,002	$	388		$	1,106,445
Liabilities and Stockholders’ Equity
Deposits, borrowings and other liabilities	$	677	$	994,783	$	(4,419	)	$	991,041
Stockholders’ equity		11,378		99,219		4,807			115,404
Total Liabilities and Stockholders’ Equity	$	12,055	$	1,094,002	$	388		$	1,106,445

(In Thousands of Dollars) December 31, 2011	Trust Segment		Bank Segment		Eliminations and Others			Consolidated Totals
Assets
Cash and cash equivalents	$	2,208	$	50,327	$	(113	)	$	52,422
Securities available for sale		2,388		397,513		128			400,029
Loans held for sale		0		677		0			677
Net loans		0		561,986		0			561,986
Premises and equipment, net		101		16,360		0			16,461
Goodwill and other intangibles		6,441		0		0			6,441
Other assets		463		28,904		488			29,855
Total Assets	$	11,601	$	1,055,767	$	503		$	1,067,871
Liabilities and Stockholders’ Equity
Deposits, borrowings and other liabilities	$	345	$	957,780	$	(4,699	)	$	953,426
Stockholders’ equity		11,256		97,987		5,202			114,445
Total Liabilities and Stockholders’ Equity	$	11,601	$	1,055,767	$	503		$	1,067,871

(In Thousands of Dollars) For the Three Months Ended March 31, 2012	Trust Segment		Bank Segment		Eliminations and Others			Consolidated Totals
Net interest income	$	10	$	9,223	$	(12	)	$	9,221
Provision for loan losses		0		0		0			0
Service fees, security gains and other noninterest income		1,437		1,354		(63	)		2,728
Noninterest expense		1,264		7,241		134			8,639
Income before taxes		183		3,336		(209	)		3,310
Income taxes		63		798		(71	)		790
Net Income	$	120	$	2,538	$	(138	)	$	2,520

(In Thousands of Dollars) For the Three Months Ended March 31, 2011	Trust Segment		Bank Segment		Eliminations and Others			Consolidated Totals
Net interest income	$	11	$	9,085	$	(13	)	$	9,083
Provision for loan losses		0		1,875		0			1,875
Service fees, security gains and other noninterest income		1,350		1,305		(38	)		2,617
Noninterest expense		1,200		6,512		102			7,814
Income before taxes		161		2,003		(153	)		2,011
Income taxes		55		318		(52	)		321
Net Income	$	106	$	1,685	$	(101	)	$	1,690