SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2011

SEGMENT INFORMATION [Abstract]

SEGMENT INFORMATION

NOTE 8.  SEGMENT INFORMATION

An operating segment is generally defined as a component of a business for which discrete financial information is available and whose results are reviewed by the chief operating decision-maker. Operating segments are aggregated into reportable segments if certain criteria are met.  The Company has determined that it has two reportable segments.  The first reportable segment, Retail Banking, a division of the Bank, operates as a traditional community bank providing deposit, loan and other related products to individuals and small businesses, primarily in the communities where their offices are located.  The second reportable segment, MPS, a division of the Bank, provides a number of products and services to financial institutions and other businesses.  These products and services include issuance of prepaid debit cards, sponsorship of ATMs into the debit networks, credit programs, ACH origination services, gift card programs, rebate programs, travel programs and tax related programs.  Other programs are in the process of development.  The remaining grouping under the caption “All Others” consists of the operations of the Company and inter-segment eliminations.  Transactions between affiliates, the resulting revenues of which are shown in the intersegment revenue category, are conducted at market prices, meaning prices that would be paid if the companies were not affiliates.  The following tables present segment data for the Company for the three months ended December 31, 2011 and 2010, respectively.

	Retail		Meta Payment
	Banking		Systems®			All Others			Total
Three Months Ended December 31, 2011
Interest income	$	6,481	$	3,134		$	-		$	9,615
Interest expense		824		38			115			977
Net interest income (expense)		5,657		3,096			(115	)		8,638
Provision for loan losses		700		(1	)		-			699
Non-interest income		1,803		13,873			6			15,682
Non-interest expense		4,783		13,942			66			18,791
Income (loss) before tax		1,977		3,028			(175	)		4,830
Income tax expense (benefit)		716		1,093			(70	)		1,739
Net income (loss)	$	1,261	$	1,935		$	(105	)	$	3,091
Inter-segment revenue (expense)	$	2,627	$	(2,627	)	$	-		$	-
Total assets		304,342		1,052,934			1,929			1,359,205
Total deposits		213,801		1,011,858			(863	)		1,224,796

	Retail			Meta Payment
	Banking			Systems®			All Others			Total
Three Months Ended December 31, 2010
Interest income	$	6,596		$	3,018		$	6		$	9,620
Interest expense		1,173			47			122			1,342
Net interest income (expense)		5,423			2,971			(116	)		8,278
Provision for loan losses		-			(28	)		-			(28	)
Non-interest income		1,272			14,024			10			15,306
Non-interest expense		6,944			14,485			189			21,618
Income (loss) before tax		(249	)		2,538			(295	)		1,994
Income tax expense (benefit)		424			958			(109	)		1,273
Net income (loss)	$	(673	)	$	1,580		$	(186	)	$	721
Inter-segment revenue (expense)	$	2,304		$	(2,304	)	$	-		$	-
Total assets		304,167			823,787			1,701			1,129,655
Total deposits		213,641			790,087			(1,511	)		1,002,217

The following tables present gross profit data for MPS for the three months ended December 31, 2011 and 2010.

Three Months Ended December 31,	2011			2010
Interest income	$	3,134		$	3,018
Interest expense		38			47
Net interest income		3,096			2,971
Provision for loan losses		(1	)		(28	)
Non-interest income		13,873			14,024
Card processing expense		5,310			5,224
Gross Profit		11,660			11,799
Other non-interest expense		8,632			9,261
Income from operations before tax		3,028			2,538
Income tax expense		1,093			958
Income from operations	$	1,935		$	1,580