XML 24 R46.htm IDEA: XBRL DOCUMENT v2.4.0.6
Business Segments (Tables)
12 Months Ended
Dec. 31, 2012
Business Segments [Abstract]  
Segment Reporting Information, by Segment
The Corporation's other segment includes an investment company that derives revenues from brokerage services, an insurance company that derives revenues from insurance services, and a title company that derives revenues from title insurance services. The results of the other segment are not significant to the Corporation as a whole and have been included in "Other." Revenue and expenses of the Corporation are also included in "Other," and consist primarily of dividends received on the Corporation's investment in equity securities and interest expense associated with the Corporation's trust preferred capital notes and other general corporate expenses.
 
 
Year Ended December 31, 2012
(Dollars in thousands)
 
Retail
Banking
 
Mortgage
Banking
 
Consumer
Finance
 
Other
 
Eliminations
 
Consolidated
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Interest income
 
$
32,301

 
$
2,358

 
$
47,403

 
$

 
$
(5,098
)
 
$
76,964

Gains on sales of loans
 

 
20,572

 

 

 

 
20,572

Other noninterest income
 
6,124

 
4,315

 
1,149

 
1,322

 
20

 
12,930

Total operating income (loss)
 
38,425

 
27,245

 
48,552

 
1,322

 
(5,078
)
 
110,466

Expenses:
 
 

 
 

 
 

 
 

 
 

 
 

Provision for loan losses
 
2,400

 
165

 
9,840

 

 

 
12,405

Interest expense
 
7,404

 
483

 
6,334

 
988

 
(5,098
)
 
10,111

Salaries and employee benefits
 
15,562

 
16,675

 
7,591

 
865

 

 
40,693

Other noninterest expenses
 
12,385

 
6,265

 
4,100

 
479

 

 
23,229

Total operating expenses
 
37,751

 
23,588

 
27,865

 
2,332

 
(5,098
)
 
86,438

Income (loss) before income taxes
 
674

 
3,657

 
20,687

 
(1,010
)
 
20

 
24,028

Income tax (benefit) expense
 
(1,479
)
 
1,466

 
8,042

 
(383
)
 

 
7,646

Net income (loss)
 
$
2,153

 
$
2,191

 
$
12,645

 
$
(627
)
 
$
20

 
$
16,382

Total assets
 
$
813,817

 
$
86,978

 
$
280,205

 
$
3,570

 
$
(207,552
)
 
$
977,018

Goodwill
 
$

 
$

 
$
10,724

 
$

 
$

 
$
10,724

Capital expenditures
 
$
739

 
$
272

 
$
179

 
$

 
$

 
$
1,190

 
 
 
Year Ended December 31, 2011
(Dollars in thousands)
 
Retail
Banking
 
Mortgage
Banking
 
Consumer
Finance
 
Other
 
Eliminations
 
Consolidated
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Interest income
 
$
32,715

 
$
1,673

 
$
43,776

 
$

 
$
(4,374
)
 
$
73,790

Gains on sales of loans
 

 
16,094

 

 

 

 
16,094

Other noninterest income
 
5,957

 
2,931

 
855

 
1,209

 

 
10,952

Total operating income (loss)
 
38,672

 
20,698

 
44,631

 
1,209

 
(4,374
)
 
100,836

Expenses:
 
 

 
 

 
 

 
 

 
 

 
 

Provision for loan losses
 
6,000

 
360

 
7,800

 

 

 
14,160

Interest expense
 
9,154

 
256

 
5,833

 
1,014

 
(4,376
)
 
11,881

Salaries and employee benefits
 
14,722

 
12,044

 
6,712

 
839

 

 
34,317

Other noninterest expenses
 
12,026

 
5,747

 
3,560

 
434

 

 
21,767

Total operating expenses
 
41,902

 
18,407

 
23,905

 
2,287

 
(4,376
)
 
82,125

Income (loss) before income taxes
 
(3,230
)
 
2,291

 
20,726

 
(1,078
)
 
2

 
18,711

Income tax expense (benefit)
 
(2,798
)
 
960

 
8,116

 
(544
)
 
1

 
5,735

Net income (loss)
 
$
(432
)
 
$
1,331

 
$
12,610

 
$
(534
)
 
$
1

 
$
12,976

Total assets
 
$
772,552

 
$
82,312

 
$
249,671

 
$
3,262

 
$
(179,673
)
 
$
928,124

Goodwill
 
$

 
$

 
$
10,724

 
$

 
$

 
$
10,724

Capital expenditures
 
$
957

 
$
98

 
$
786

 
$
3

 
$

 
$
1,844

 
 
 
Year Ended December 31, 2010
(Dollars in thousands)
 
Retail
Banking
 
Mortgage
Banking
 
Consumer
Finance
 
Other
 
Eliminations
 
Consolidated
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Interest income
 
$
33,922

 
$
2,210

 
$
37,382

 
$
184

 
$
(3,850
)
 
$
69,848

Gains on sales of loans
 

 
18,567

 

 

 
(3
)
 
18,564

Other noninterest income
 
6,093

 
3,265

 
689

 
1,089

 

 
11,136

Total operating income (loss)
 
40,015

 
24,042

 
38,071

 
1,273

 
(3,853
)
 
99,548

Expenses:
 
 

 
 

 
 

 
 

 
 

 
 

Provision for loan losses
 
6,500

 
34

 
8,425

 

 

 
14,959

Interest expense
 
10,452

 
365

 
5,278

 
1,031

 
(3,891
)
 
13,235

Salaries and employee benefits
 
14,661

 
13,448

 
6,062

 
717

 
1

 
34,889

Other noninterest expenses
 
13,112

 
8,892

 
2,893

 
509

 

 
25,406

Total operating expenses
 
44,725

 
22,739

 
22,658

 
2,257

 
(3,890
)
 
88,489

Income (loss) before income taxes
 
(4,710
)
 
1,303

 
15,413

 
(984
)
 
37

 
11,059

Income tax expense (benefit)
 
(3,216
)
 
521

 
6,011

 
(380
)
 
13

 
2,949

Net income (loss)
 
$
(1,494
)
 
$
782

 
$
9,402

 
$
(604
)
 
$
24

 
$
8,110

Total assets
 
$
756,250

 
$
78,550

 
$
224,233

 
$
2,840

 
$
(157,736
)
 
$
904,137

Goodwill
 
$

 
$

 
$
10,724

 
$

 
$

 
$
10,724

Capital expenditures
 
$
1,333

 
$
411

 
$
131

 
$

 
$

 
$
1,875