Comprehensive Income

12 Months Ended

Dec. 31, 2011

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Comprehensive Income

COMPREHENSIVE INCOME

Comprehensive income is a more inclusive financial reporting methodology that includes disclosure of other comprehensive income (loss) that historically has not been recognized in the calculation of net income.  The Company’s only source of other comprehensive income (loss) is unrealized gains and losses on the Company’s available-for-sale investment securities.  Total comprehensive income and the components of accumulated other comprehensive income (loss) are presented in the consolidated statement of changes in shareholders’ equity.

At December 31, 2011, 2010, and 2009, the Company held securities classified as available-for-sale which had net unrealized gains or losses as follows:

	Before Tax			Tax (Expense) Benefit			After Tax
	(In thousands)
For the Year Ended December 31, 2011
Other comprehensive income:
Unrealized holding gains	$	5,632		$	(2,318	)	$	3,314
Less reclassification adjustment for net gains included in net income	267			(110		)	157
Total other comprehensive income	$	5,365		$	(2,208	)	$	3,157
For the Year Ended December 31, 2010
Other comprehensive income:
Unrealized holding gains	$	2,290		$	(927	)	$	1,363
Less reclassification adjustment for net losses included in net income	(1,778		)	719			(1,059		)
Total other comprehensive income	$	4,068		$	(1,646	)	$	2,422
For the Year Ended December 31, 2009
Other comprehensive loss:
Unrealized holding losses	$	(1,971	)	$	788		$	(1,183	)
Less reclassification adjustment for net gains included in net income	767			(307		)	460
Total other comprehensive loss	$	(2,738	)	$	1,095		$	(1,643	)