Segment Reporting

6 Months Ended

Jun. 30, 2011

Segment Reporting [Abstract]

Segment Reporting

11.           Segment Reporting

The Corporation manages its operations through two primary business segments: core banking and trust and investment advisory services.  The core banking segment provides revenues by attracting deposits from the general public and using such funds to originate consumer, commercial, commercial real estate, and residential mortgage loans, primarily in the Corporation's local markets and to invest in securities.  The trust and investment advisory services segment provides revenues by providing trust and investment advisory services to clients.

Summarized financial information concerning the Corporation's reportable segments and the reconciliation to the Corporation's consolidated results is shown in the following table.  Income taxes are allocated based on the separate taxable income of each entity and indirect overhead expenses are allocated based on reasonable and equitable allocations applicable to the reportable segment.  Holding company amounts are the primary differences between segment amounts and consolidated totals, and are reflected in the Holding Company and Other column below, along with amounts to eliminate transactions between segments.  (dollars in thousands)

	Three Months Ended June 30, 2011									Six Months Ended June 30, 2011
	Core Banking		Trust & Investment Advisory Services			Holding Company And Other		Consolidated Totals		Core Banking		Trust & Investment Advisory Services			Holding Company And Other		Consolidated Totals
Net interest income	$	11,448	$	-		$	3	$	11,451	$	19,992	$	-		$	5	$	19,997
Provision for loan losses		125		-			-		125		250		-			-		250
Net interest income after provision for loan losses		11,323		-			3		11,326		19,742		-			5		19,747
Other operating income		2,732		1,768			244		4,744		4,819		3,384			888		9,091
Other operating expenses		10,215		1,791			195		12,201		18,620		3,607			417		22,644
Income before income tax expense		3,840		(23	)		52		3,869		5,941		(223	)		476		6,194
Income tax expense		1,255		(9	)		3		1,249		1,846		(86	)		149		1,909
Segment net income	$	2,585	$	(14	)	$	49	$	2,620	$	4,095	$	(137	)	$	327	$	4,285
Segment assets										$	1,228,705	$	6,020		$	2,311	$	1,237,036

	Three Months Ended June 30, 2010									Six Months Ended June 30, 2010
	Core Banking		Trust & Investment Advisory Services		Holding Company And Other			Consolidated Totals		Core Banking		Trust & Investment Advisory Services		Holding Company And Other			Consolidated Totals
Net interest income	$	8,778	$	-	$	1		$	8,779	$	17,289	$	-	$	2		$	17,291
Provision for loan losses		375		-		-			375		750		-		-			750
Net interest income after provision for loan losses		8,403		-		1			8,404		16,539		-		2			16,541
Other operating income		2,519		1,985		161			4,665		4,290		4,073		297			8,660
Other operating expenses		7,488		1,751		176			9,415		14,681		3,599		381			18,661
Income before income tax expense		3,434		234		(14	)		3,654		6,148		474		(82	)		6,540
Income tax expense		1,082		90		(21	)		1,151		1,920		183		(66	)		2,037
Segment net income	$	2,352	$	144	$	7		$	2,503	$	4,228	$	291	$	(16	)	$	4,503
Segment assets										$	991,219	$	6,690	$	3,071		$	1,000,980