Segment Reporting

3 Months Ended

Mar. 31, 2012

Segment Reporting [Abstract]

Segment Reporting

11.        Segment Reporting

The Corporation manages its operations through two primary business segments: core banking and wealth management group 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 wealth management group 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 March 31, 2012
	Core Banking		Wealth Management  Group			Holding Company And Other			Consolidated Totals
Net interest income	$	12,012	$	-		$	4		$	12,016
Provision for loan losses		477		-			-			477
Net interest income after provision for loan losses		11,535		-			4			11,539
Other operating income		3,076		1,776			45			4,897
Other operating expenses		8,929		1,810			183			10,922
Income or (loss) before income tax expense		5,682		(34	)		(134	)		5,514
Income tax expense (benefit)		1,982		(13	)		(70	)		1,899
Segment net income (loss)	$	3,700	$	(21	)	$	(64	)	$	3,615
Segment assets	$	1,245,868	$	5,687		$	2,940		$	1,254,495

	Three Months Ended March 31, 2011
	Core Banking		Wealth  Management Group			Holding Company And  Other		Consolidated Totals
Net interest income	$	8,544	$	-		$	2	$	8,546
Provision for loan losses		125		-			-		125
Net interest income after provision for loan losses		8,419		-			2		8,421
Other operating income		2,088		1,616			644		4,348
Other operating expenses		8,405		1,816			223		10,444
Income or (loss) before income tax expense		2,102		200			423		2,325
Income tax expense (benefit)		591		(78	)		147		660
Segment net income (loss)	$	1,511	$	(122	)	$	276	$	1,665
Segment assets	$	977,553	$	6,098		$	3,115	$	986,766