Shareholders' Equity

6 Months Ended

Jun. 30, 2011

(8) Shareholders’ Equity

Regulatory Capital Requirements

The following table presents the Corporation’s and the Bank’s actual capital amounts and ratios at June 30, 2011 and December 31, 2010, as well as the corresponding minimum and well capitalized regulatory amounts and ratios:

(Dollars in thousands)	Actual					For Capital Adequacy Purposes					To Be Well Capitalized Under Prompt Corrective Action Provisions
	Amount		Ratio			Amount		Ratio			Amount		Ratio
June 30, 2011:
Total Capital (to Risk-Weighted Assets):
Corporation	$	269,210		12.98	%	$	165,865		8.00	%	$	207,331		10.00	%
Bank	$	265,165		12.81	%	$	165,656		8.00	%	$	207,070		10.00	%
Tier 1 Capital (to Risk-Weighted Assets):
Corporation	$	242,960		11.72	%	$	82,932		4.00	%	$	124,399		6.00	%
Bank	$	238,947		11.54	%	$	82,828		4.00	%	$	124,242		6.00	%
Tier 1 Capital (to Average Assets): (1)
Corporation	$	242,960		8.61	%	$	112,852		4.00	%	$	141,064		5.00	%
Bank	$	238,947		8.48	%	$	112,687		4.00	%	$	140,859		5.00	%

December 31, 2010:
Total Capital (to Risk-Weighted Assets):
Corporation	$	259,122		12.79	%	$	162,083		8.00	%	$	202,603		10.00	%
Bank	$	255,078		12.61	%	$	161,878		8.00	%	$	202,347		10.00	%
Tier 1 Capital (to Risk-Weighted Assets):
Corporation	$	233,540		11.53	%	$	81,041		4.00	%	$	121,562		6.00	%
Bank	$	229,528		11.34	%	$	80,939		4.00	%	$	121,408		6.00	%
Tier 1 Capital (to Average Assets): (1)
Corporation	$	233,540		8.25	%	$	113,188		4.00	%	$	141,485		5.00	%
Bank	$	229,528		8.12	%	$	113,001		4.00	%	$	141,252		5.00	%

(1) Leverage ratio

- Definition

Disclosures related to accounts comprising shareholders' equity, including other comprehensive income. Includes: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables; effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

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