SEGMENT AND RELATED INFORMATION

9 Months Ended

Sep. 30, 2012

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

9. 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 September 30, 2012
	Banking			Other			Intersegment			Consolidated
Interest income	$	22,718		$	8		$	-		$	22,726
Interest expense		736			303			-			1,039
Net interest income (expense)		21,982			(295	)		-			21,687
Provision for credit losses		(593	)		-			-			(593	)
Noninterest income		7,697			742			(267	)		8,172
Noninterest expense		20,657			917			(267	)		21,307
Income (loss) before income taxes		9,615			(470	)		-			9,145
Provision (benefit) for income taxes		3,384			(183	)		-			3,201
Net income (loss)	$	6,231		$	(287	)	$	-		$	5,944
Depreciation and amortization	$	2,182		$	7		$	-		$	2,189
Assets	$	2,470,331		$	15,001		$	(9,352	)	$	2,475,980
Loans, net	$	1,459,310		$	-		$	-		$	1,459,310
Deposits	$	1,938,644		$	-		$	(9,352	)	$	1,929,292
Equity	$	374,769		$	(38,773	)	$	-		$	335,996

(Dollars in thousands)	Three months ended September 30, 2011
	Banking			Other			Intersegment			Consolidated
Interest income	$	24,711		$	10		$	-		$	24,721
Interest expense		5,104			276			-			5,380
Net interest income (expense)		19,607			(266	)		-			19,341
Provision for credit losses		1,132			-			-			1,132
Noninterest income		7,931			754			(271	)		8,414
Noninterest expense		21,982			909			(271	)		22,620
Income (loss) before income taxes		4,424			(421	)		-			4,003
Provision (benefit) for income taxes		(2,109	)		(164	)		-			(2,273	)
Net income (loss)	$	6,533		$	(257	)	$	-		$	6,276
Depreciation and amortization	$	2,349		$	8		$	-		$	2,357
Assets	$	2,516,335		$	15,227		$	(10,315	)	$	2,521,247
Loans, net	$	1,467,310		$	-		$	-		$	1,467,310
Deposits	$	2,000,518		$	-		$	(9,740	)	$	1,990,778
Equity	$	334,746		$	(37,879	)	$	-		$	296,867

(Dollars in thousands)	Nine months ended September 30, 2012
	Banking			Other			Intersegment			Consolidated
Interest income	$	68,875		$	25		$	-		$	68,900
Interest expense		2,393			914			-			3,307
Net interest income (expense)		66,482			(889	)		-			65,593
Provision for credit losses		(996	)		-			-			(996	)
Noninterest income		23,068			2,287			(802	)		24,553
Noninterest expense		61,840			2,770			(802	)		63,808
Income (loss) before income taxes		28,706			(1,372	)		-			27,334
Provision (benefit) for income taxes		10,102			(535	)		-			9,567
Net income (loss)	$	18,604		$	(837	)	$	-		$	17,767
Depreciation and amortization	$	6,397		$	21		$	-		$	6,418
Assets	$	2,470,331		$	15,001		$	(9,352	)	$	2,475,980
Loans, net	$	1,459,310		$	-		$	-		$	1,459,310
Deposits	$	1,938,644		$	-		$	(9,352	)	$	1,929,292
Equity	$	374,769		$	(38,773	)	$	-		$	335,996
(Dollars in thousands)	Nine months ended September 30, 2011
	Banking			Other			Intersegment			Consolidated
Interest income	$	74,710		$	33		$	-		$	74,743
Interest expense		11,044			885			-			11,929
Net interest income (expense)		63,666			(852	)		-			62,814
Provision for credit losses		6,634			-			-			6,634
Noninterest income		23,843			2,369			(812	)		25,400
Noninterest expense		66,162			2,781			(812	)		68,131
Income (loss) before income taxes		14,713			(1,264	)		-			13,449
Provision (benefit) for income taxes		(2,073	)		(493	)		-			(2,566	)
Net income (loss)	$	16,786		$	(771	)	$	-		$	16,015
Depreciation and amortization	$	6,367		$	22		$	-		$	6,389
Assets	$	2,516,335		$	15,227		$	(10,315	)	$	2,521,247
Loans, net	$	1,467,310		$	-		$	-		$	1,467,310
Deposits	$	2,000,518		$	-		$	(9,740	)	$	1,990,778
Equity	$	334,746		$	(37,879	)	$	-		$	296,867