COMPREHENSIVE INCOME

9 Months Ended

Sep. 30, 2011

Stockholders' Equity Note [Abstract]

Comprehensive Income (Loss) Note [Text Block]

8. COMPREHENSIVE INCOME

     The following table displays the components of comprehensive income for the periods shown:

	Three months ended						Nine months ended
	September 30,						September 30,
(Dollars in thousands)	2011			2010			2011			2010
Net income as reported	$	6,276		$	6,050		$	16,015		$	1,313
Unrealized holding gains on securities:
Unrealized holding gains arising during the period		7,665			1,336			12,686			11,545
Tax provision		(3,011	)		(536	)		(4,997	)		(4,540	)
Unrealized holding gains arising during the period, net of tax		4,654			800			7,689			7,005
Less: Reclassification adjustment for gains
on sales of securities		(124	)		-			(521	)		(945	)
Tax provision		48			-			203			369
Net realized gains on sales of securities, net of tax		(76	)		-			(318	)		(576	)
Less: Reclassification adjustment for other-than-temporary impairment		-			-			179			-
Tax benefit		-			-			(70	)		-
Net other-than-temporary impairment		-			-			109			-
Total comprehensive income	$	10,854		$	6,850		$	23,495		$	7,742