Note 7 - Segment Information

6 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE

7

– SEGMENT INFORMATION

The reportable segments are determined by the products and services offered, primarily distinguished between banking and consumer finance. They are also distinguished by the level of information provided to the chief operating decision maker, who uses such information to review performance of various components of the business, which are then aggregated if operating performance, products/services, and customers are similar. Loans, investments, and deposits provide the majority of the net revenues from the banking operation, while loans provide the majority of the net revenues for the consumer finance segment. All Company segments are domestic.

Total revenues from the banking segment, which accounted for the majority of the Company's total revenues, totaled 89.1% and 88.9% of total consolidated revenues for the quarters ended June 30, 2016 and 2015, respectively.

The accounting policies used for the Company's reportable segments are the same as those described in Note 1 - Summary of Significant Accounting Policies. Income taxes are allocated based on income before tax expense.

Information for the Company’s reportable segments is as follows:

	Three Months Ended June 30, 2016
	Banking		Consumer Finance		Total Company
Net interest income	$	7,617	$	589	$	8,206
Provision expense		130		11		141
Noninterest income		1,734		127		1,861
Noninterest expense		7,099		674		7,773
Tax expense		438		9		447
Net income		1,684		22		1,706
Assets		814,176		12,273		826,449

	Three Months Ended June 30, 2015
	Banking		Consumer Finance			Total Company
Net interest income	$	7,502	$	647		$	8,149
Provision expense		850		(51	)		799
Noninterest income		1,786		131			1,917
Noninterest expense		6,866		688			7,554
Tax expense		256		47			303
Net income		1,316		94			1,410
Assets		787,363		13,010			800,373

	Six Months Ended June 30, 2016
	Banking		Consumer Finance		Total Company
Net interest income	$	15,288	$	2,018	$	17,306
Provision expense		505		115		620
Noninterest income		4,566		530		5,096
Noninterest expense		14,293		1,449		15,742
Tax expense		1,169		333		1,502
Net income		3,887		651		4,538
Assets		814,176		12,273		826,449

	Six Months Ended June 30, 2015
	Banking		Consumer Finance		Total Company
Net interest income	$	15,063	$	2,016	$	17,079
Provision expense		675		46		721
Noninterest income		4,829		577		5,406
Noninterest expense		13,573		1,408		14,981
Tax expense		1,363		386		1,749
Net income		4,281		753		5,034
Assets		787,363		13,010		800,373