Note 7 - Segment Information

9 Months Ended

Sep. 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 91.0% and 91.5% of total consolidated revenues for the years ended September 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 September 30, 2012
	Banking		Consumer Finance		Total Company
Net interest income	$	7,239	$	628	$	7,867
Provision expense	$	1,170	$	13	$	1,183
Noninterest income	$	1,603	$	71	$	1,674
Noninterest expense	$	6,417	$	540	$	6,957
Tax expense	$	245	$	49	$	294
Net income	$	1,010	$	97	$	1,107
Assets	$	782,183	$	13,771	$	795,954

	Three Months Ended September 30, 2011
	Banking		Consumer Finance		Total Company
Net interest income	$	7,562	$	622	$	8,184
Provision expense	$	1,150	$	2	$	1,152
Noninterest income	$	985	$	73	$	1,058
Noninterest expense	$	6,516	$	485	$	7,001
Tax expense	$	133	$	70	$	203
Net income	$	748	$	138	$	886
Assets	$	810,306	$	13,810	$	824,116

	Nine Months Ended September 30, 2012
	Banking		Consumer Finance		Total Company
Net interest income	$	22,322	$	2,510	$	24,832
Provision expense	$	2,957	$	66	$	3,023
Noninterest income	$	6,491	$	636	$	7,127
Noninterest expense	$	19,732	$	1,719	$	21,451
Tax expense	$	1,577	$	460	$	2,037
Net income	$	4,547	$	901	$	5,448
Assets	$	782,183	$	13,771	$	795,954

	Nine Months Ended September 30, 2011
	Banking		Consumer Finance		Total Company
Net interest income	$	23,113	$	2,428	$	25,541
Provision expense	$	4,795	$	60	$	4,855
Noninterest income	$	5,598	$	806	$	6,404
Noninterest expense	$	19,492	$	1,588	$	21,080
Tax expense	$	1,000	$	536	$	1,536
Net income	$	3,424	$	1,050	$	4,474
Assets	$	810,306	$	13,810	$	824,116