SEGMENT AND RELATED INFORMATION

6 Months Ended

Jun. 30, 2012

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

8. 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, 2012
	Banking			Other			Intersegment			Consolidated
Interest income	$	22,833		$	8		$	-		$	22,841
Interest expense		766			302			-			1,068
Net interest income (expense)		22,067			(294	)		-			21,773
Provision for credit losses		(492	)		-			-			(492	)
Noninterest income		7,974			787			(267	)		8,494
Noninterest expense		20,798			945			(267	)		21,476
Income (loss) before income taxes		9,735			(452	)		-			9,283
Provision (benefit) for income taxes		3,425			(176	)		-			3,249
Net income (loss)	$	6,310		$	(276	)	$	-		$	6,034
Depreciation and amortization	$	2,046		$	7		$	-		$	2,053
Assets	$	2,402,856		$	15,487		$	(9,904	)	$	2,408,439
Loans, net	$	1,462,665		$	-		$	-		$	1,462,665
Deposits	$	1,886,258		$	-		$	(9,373	)	$	1,876,885
Equity	$	365,798		$	(37,781	)	$	-		$	328,017

(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
Provision (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)	Six months ended June 30, 2012
	Banking			Other			Intersegment			Consolidated
Interest income	$	46,157		$	17		$	-		$	46,174
Interest expense		1,657			611			-			2,268
Net interest income (expense)		44,500			(594	)		-			43,906
Provision for credit losses		(403	)		-			-			(403	)
Noninterest income		15,371			1,545			(535	)		16,381
Noninterest expense		41,183			1,853			(535	)		42,501
Income (loss) before income taxes		19,091			(902	)		-			18,189
Provision (benefit) for income taxes		6,718			(352	)		-			6,366
Net income (loss)	$	12,373		$	(550	)	$	-		$	11,823
Depreciation and amortization	$	4,215		$	14		$	-		$	4,229
Assets	$	2,402,856		$	15,487		$	(9,904	)	$	2,408,439
Loans, net	$	1,462,665		$	-		$	-		$	1,462,665
Deposits	$	1,886,258		$	-		$	(9,373	)	$	1,876,885
Equity	$	365,798		$	(37,781	)	$	-		$	328,017

(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