SEGMENT AND RELATED INFORMATION

6 Months Ended

Jun. 30, 2011

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

10. SEGMENT AND RELATED INFORMATION

     Bancorp accounts for intercompany fees and services at fair value according to regulatory requirements for the service provided. Intercompany items relate primarily to the provision of accounting, human resources, data processing and marketing services.

Summarized financial information concerning Bancorp’s reportable segments and the reconciliation to Bancorp’s consolidated results are shown in the following table. The “Other” column includes Bancorp’s trust operations and corporate-related items, including interest expense related to trust preferred securities. Investment in subsidiaries is netted out of the presentations below. The “Intersegment” column identifies the intersegment activities of revenues, expenses and other assets between the “Banking” and “Other” segments.

(Dollars in thousands)	Three months ended June 30, 2011
	Banking			Other			Intersegment			Consolidated
Interest income	$	25,093		$	11		$	-		$	25,104
Interest expense		2,811			332			-			3,143
Net interest income (expense)		22,282			(321	)		-			21,961
Provision for credit losses		3,426			-			-			3,426
Noninterest income		7,523			817			(270	)		8,070
Noninterest expense		22,287			941			(270	)		22,958
Income (loss) before income taxes		4,092			(445	)		-			3,647
Benefit for income taxes		(813	)		(174	)		-			(987	)
Net income (loss)	$	4,905		$	(271	)	$	-		$	4,634
Depreciation and amortization	$	1,892		$	8		$	-		$	1,900
Assets	$	2,458,268		$	15,215		$	(10,927	)	$	2,462,556
Loans, net	$	1,482,725		$	-		$	-		$	1,482,725
Deposits	$	1,941,357		$	-		$	(10,360	)	$	1,930,997
Equity	$	323,631		$	(38,062	)	$	-		$	285,569
(Dollars in thousands)	Three months ended June 30, 2010
	Banking			Other			Intersegment			Consolidated
Interest income	$	26,798		$	18		$	-		$	26,816
Interest expense		7,626			280			-			7,906
Net interest income (expense)		19,172			(262	)		-			18,910
Provision for credit losses		7,758			-			-			7,758
Noninterest income		9,130			780			(285	)		9,625
Noninterest expense		22,263			931			(285	)		22,909
Income (loss) before income taxes		(1,719	)		(413	)		-			(2,132	)
Provision (benefit) for income taxes		1,879			(162	)		-			1,717
Net income (loss)	$	(3,598	)	$	(251	)	$	-		$	(3,849	)
Depreciation and amortization	$	1,966		$	9		$	-		$	1,975
Assets	$	2,501,169		$	16,782		$	(12,465	)	$	2,505,486
Loans, net	$	1,558,703		$	-		$	-		$	1,558,703
Deposits	$	2,015,996		$	-		$	(11,896	)	$	2,004,100
Equity	$	305,656		$	(38,244	)	$	-		$	267,412

(Dollars in thousands)	Six months ended June 30, 2011
	Banking			Other			Intersegment			Consolidated
Interest income	$	49,999		$	23		$	-		$	50,022
Interest expense		5,941			608			-			6,549
Net interest income (expense)		44,058			(585	)		-			43,473
Provision for credit losses		5,502			-			-			5,502
Noninterest income		15,912			1,615			(541	)		16,986
Noninterest expense		44,179			1,873			(541	)		45,511
Income (loss) before income taxes		10,289			(843	)		-			9,446
Provision (benefit) for income taxes		36			(329	)		-			(293	)
Net income (loss)	$	10,253		$	(514	)	$	-		$	9,739
Depreciation and amortization	$	4,017		$	15		$	-		$	4,032
Assets	$	2,458,268		$	15,215		$	(10,927	)	$	2,462,556
Loans, net	$	1,482,725		$	-		$	-		$	1,482,725
Deposits	$	1,941,357		$	-		$	(10,360	)	$	1,930,997
Equity	$	323,631		$	(38,062	)	$	-		$	285,569
(Dollars in thousands)	Six months ended June 30, 2010
	Banking			Other			Intersegment			Consolidated
Interest income	$	53,979		$	35		$	-		$	54,014
Interest expense		13,921			550			-			14,471
Net interest income (expense)		40,058			(515	)		-			39,543
Provision for credit losses		15,392			-			-			15,392
Noninterest income		15,046			1,559			(572	)		16,033
Noninterest expense		42,759			1,817			(572	)		44,004
Income (loss) before income taxes		(3,047	)		(773	)		-			(3,820	)
Provision (benefit) for income taxes		1,219			(302	)		-			917
Net income (loss)	$	(4,266	)	$	(471	)	$	-		$	(4,737	)
Depreciation and amortization	$	4,141		$	18		$	-		$	4,159
Assets	$	2,501,169		$	16,782		$	(12,465	)	$	2,505,486
Loans, net	$	1,558,703		$	-		$	-		$	1,558,703
Deposits	$	2,015,996		$	-		$	(11,896	)	$	2,004,100
Equity	$	305,656		$	(38,244	)	$	-		$	267,412