Segment Reporting

9 Months Ended

Sep. 30, 2011

Segment Reporting [Abstract]

Segment Reporting

11.           Segment Reporting

The Corporation manages its operations through two primary business segments: core banking and trust and investment advisory services.  The core banking segment provides revenues by attracting deposits from the general public and using such funds to originate consumer, commercial, commercial real estate, and residential mortgage loans, primarily in the Corporation's local markets and to invest in securities.  The trust and investment advisory services segment provides revenues by providing trust and investment advisory services to clients.

Summarized financial information concerning the Corporation's reportable segments and the reconciliation to the Corporation's consolidated results is shown in the following table.  Income taxes are allocated based on the separate taxable income of each entity and indirect overhead expenses are allocated based on reasonable and equitable allocations applicable to the reportable segment.  Holding company amounts are the primary differences between segment amounts and consolidated totals, and are reflected in the Holding Company and Other column below, along with amounts to eliminate transactions between segments.  (dollars in thousands)

	Three Months Ended September 30, 2011										Nine Months Ended September 30, 2011
	Core Banking		Trust & Investment Advisory Services			Holding Company And Other			Consolidated Totals		Core Banking		Trust & Investment Advisory Services			Holding Company And Other		Consolidated Totals
Net interest income	$	11,842	$	-		$	1		$	11,843	$	31,834	$	-		$	6	$	31,840
Provision for loan losses		583		-			-			583		833		-			-		833
Net interest income after provision for loan losses		11,259		-			1			11,260		31,001		-			6		31,007
Other operating income		2,465		1,747			116			4,328		7,284		5,131			1,005		13,420
Other operating expenses		8,638		1,843			136			10,617		27,259		5,450			553		33,262
Income or (loss) before income tax expense		5,086		(96	)		(19	)		4,971		11,026		(319	)		458		11,165
Income tax expense (benefit)		1,742		(37	)		(25	)		1,680		3,589		(123	)		123		3,589
Segment net income (loss)	$	3,344	$	(59	)	$	6		$	3,291	$	7,437	$	(196	)	$	335	$	7,576
Segment assets											$	1,257,067	$	5,856		$	3,001	$	1,265,924

	Three Months Ended September 30, 2010									Nine Months Ended September 30, 2010
	Core Banking		Trust & Investment Advisory Services		Holding Company And Other			Consolidated Totals		Core Banking		Trust & Investment Advisory Services		Holding Company And Other			Consolidated Totals
Net interest income	$	8,681	$	-	$	-		$	8,681	$	25,969	$	-	$	3		$	25,972
Provision for loan losses		375		-		-			375		1,125		-		-			1,125
Net interest income after provision for loan losses		8,306		-		-			8,305		24,844		-		3			24,847
Other operating income		1,911		2,184		152			4,247		6,201		6,257		449			12,907
Other operating expenses		7,047		1,710		125			8,882		21,728		5,309		506			27,543
Income or (loss) before income tax expense		3,170		474		(27	)		3,671		9,317		948		(54	)		10,211
Income tax expense (benefit)		942		183		(5	)		1,120		2,862		367		(72	)		3,157
Segment net income (loss)	$	2,228	$	291	$	32		$	2,551	$	6,455	$	581	$	(18	)	$	7,054
Segment assets										$	962,145	$	7,464	$	3,091		$	972,700