Note 7. Segment Information

6 Months Ended

Jun. 30, 2012

Segment Reporting Disclosure [Text Block]

NOTE 7 – SEGMENT INFORMATION

The reportable segments are determined by the products and services offered, primarily distinguished between banking and consumer finance. They are also distinguished by the level of information provided to the chief operating decision maker, who uses such information to review performance of various components of the business which are then aggregated if operating performance, products/services, and customers are similar. Loans, investments, and deposits provide the majority of the net revenues from the banking operation, while loans provide the majority of the net revenues for the consumer finance segment. All Company segments are domestic.

Total revenues from the banking segment, which accounted for the majority of the Company's total revenues, totaled 90.1% and 90.6% of total consolidated revenues for the years ended June 30, 2012 and 2011, respectively.

The accounting policies used for the Company's reportable segments are the same as those described in Note 1 - Summary of Significant Accounting Policies. Income taxes are allocated based on income before tax expense.

Information for the Company’s reportable segments is as follows:

	Three Months Ended June 30, 2012
	Banking		Consumer Finance			Total Company
Net interest income	$	7,426	$	627		$	8,053
Provision expense	$	576	$	(52	)	$	524
Noninterest income	$	1,823	$	151		$	1,974
Noninterest expense	$	6,588	$	574		$	7,162
Tax expense	$	536	$	86		$	622
Net income	$	1,549	$	170		$	1,719
Assets	$	787,885	$	13,487		$	801,372

	Three Months Ended June 30, 2011
	Banking		Consumer Finance			Total Company
Net interest income	$	7,549	$	605		$	8,154
Provision expense	$	822	$	(63	)	$	759
Noninterest income	$	1,540	$	147		$	1,687
Noninterest expense	$	6,424	$	557		$	6,981
Tax expense	$	459	$	87		$	546
Net income	$	1,384	$	171		$	1,555
Assets	$	825,051	$	13,239		$	838,290

	Six Months Ended June 30, 2012
	Banking		Consumer Finance		Total Company
Net interest income	$	15,083	$	1,882	$	16,965
Provision expense	$	1,787	$	53	$	1,840
Noninterest income	$	4,888	$	565	$	5,453
Noninterest expense	$	13,315	$	1,179	$	14,494
Tax expense	$	1,332	$	411	$	1,743
Net income	$	3,537	$	804	$	4,341
Assets	$	787,885	$	13,487	$	801,372

	Six Months Ended June 30, 2011
	Banking		Consumer Finance		Total Company
Net interest income	$	15,551	$	1,806	$	17,357
Provision expense	$	6,645	$	58	$	3,703
Noninterest income	$	4,613	$	733	$	5,346
Noninterest expense	$	12,976	$	1,103	$	14,079
Tax expense	$	867	$	466	$	1,333
Net income	$	2,676	$	912	$	3,588
Assets	$	825,051	$	13,239	$	838,290