Segment Information

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

We operate two business segments:  community banking and insurance & financial services.  These segments are primarily identified by the products or services offered.  The community banking segment consists of our full service banks which offer customers traditional banking products and services through various delivery channels.  The insurance & financial services segment includes three insurance agency offices that sell insurance products.  The accounting policies discussed throughout the notes to the consolidated financial statements apply to each of our business segments.

Inter-segment revenue and expense consists of management fees allocated to the community banking and the insurance & financial services segments for all centralized functions that are performed by the parent, including overall direction in the areas of strategic planning, investment portfolio management, asset/liability management, financial reporting and other financial and administrative services.  Information for each of our segments is included below:

	Three Months Ended March 31, 2015
Dollars in thousands	Community Banking			Insurance & Financial Services			Parent			Eliminations			Total
Net interest income	$	11,751		$	—		$	(231	)	$	—		$	11,520
Provision for loan losses	250			—			—			—			250
Net interest income after provision for loan losses	11,501			—			(231		)	—			11,270
Other income	1,849			1,290			283			(283		)	3,139
Other expenses	6,857			1,055			575			(283		)	8,204
Income (loss) before income taxes	6,493			235			(523		)	—			6,205
Income tax expense (benefit)	2,035			64			(179		)	—			1,920
Net income (loss)	4,458			171			(344		)	—			4,285
Dividends on preferred shares	—			—			—			—			—
Net income (loss) applicable to common shares	$	4,458		$	171		$	(344	)	$	—		$	4,285
Inter-segment revenue (expense)	$	(256	)	$	(27	)	$	283		$	—		$	—
Average assets	$	1,488,109		$	5,893		$	168,954		$	(208,885	)	$	1,454,071

	Three Months Ended March 31, 2014
Dollars in thousands	Community Banking			Insurance & Financial Services			Parent			Eliminations			Total
Net interest income	$	10,511		$	—		$	(473	)	$	—		$	10,038
Provision for loan losses	1,000			—			—			—			1,000
Net interest income after provision for loan losses	9,511			—			(473		)	—			9,038
Other income	1,410			1,373			293			(293		)	2,783
Other expenses	7,349			1,028			414			(293		)	8,498
Income (loss) before income taxes	3,572			345			(594		)	—			3,323
Income tax expense (benefit)	982			121			(169		)	—			934
Net income (loss)	2,590			224			(425		)	—			2,389
Dividends on preferred shares	—			—			193			—			193
Net income (loss) applicable to common shares	$	2,590		$	224		$	(618	)	$	—		$	2,196
Inter-segment revenue (expense)	$	(264	)	$	(29	)	$	293		$	—		$	—
Average assets	$	1,442,219		$	5,978		$	160,346		$	(216,040	)	$	1,392,503