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SEGMENT INFORMATION
 6 Months Ended
Mar. 31, 2015
SEGMENT INFORMATION [Abstract]  
SEGMENT INFORMATION
NOTE 9.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 its offices are located. The second reportable segment, MPS, is also a division of the Bank.  MPS 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 Automated Teller Machines into the debit networks, credit programs, Automated Clearing House (“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 as well as specialty lending.

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 and six months ended March 31, 2015 and 2014, respectively.

 
 
Retail
Banking
  
Meta Payment
Systems®
  
All Others
  
Total
 
         
Three Months Ended March 31, 2015
        
Interest income
 
$
8,560
  
$
5,281
  
$
1,918
   
15,759
 
Interest expense
  
282
   
46
   
145
   
473
 
Net interest income (expense)
  
8,278
   
5,235
   
1,773
   
15,286
 
Provision (recovery) for loan losses
  
400
   
-
   
193
   
593
 
Non-interest income
  
885
   
13,608
   
477
   
14,970
 
Non-interest expense
  
5,286
   
15,878
   
2,256
   
23,420
 
Income (loss) before income tax expense (benefit)
  
3,477
   
2,965
   
(199
)
  
6,243
 
Income tax expense (benefit)
  
633
   
561
   
(132
)
  
1,062
 
Net income (loss)
 
$
2,844
  
$
2,404
  
$
(67
)
 
$
5,181
 
                 
Inter-segment revenue (expense)
 
$
(4,084
)
  
4,084
  
$
-
  
$
-
 
Total assets
  
478,295
   
1,693,538
   
103,259
   
2,275,092
 
Total deposits
  
204,728
   
1,533,716
   
(7,772
)
  
1,730,672
 

  
Retail
Banking
  
Meta Payment
Systems®
  
All Others
  
Total
 
         
Six Months Ended March 31, 2015
        
Interest income
 
$
17,316
  
$
10,170
  
$
2,505
  
$
29,991
 
Interest expense
  
788
   
91
   
255
   
1,134
 
Net interest income (expense)
  
16,528
   
10,079
   
2,250
   
28,857
 
Provision (recovery) for loan losses
  
400
   
-
   
241
   
641
 
Non-interest income
  
319
   
26,660
   
665
   
27,644
 
Non-interest expense
  
11,160
   
31,733
   
2,940
   
45,833
 
Income (loss) before income tax expense (benefit)
  
5,287
   
5,006
   
(266
)
  
10,027
 
Income tax expense (benefit)
  
540
   
898
   
(187
)
  
1,251
 
Net income (loss)
 
$
4,747
  
$
4,108
  
$
(79
)
 
$
8,776
 
                 
Inter-segment revenue (expense)
 
$
(7,980
)
 
$
7,980
  
$
-
  
$
-
 
Total assets
  
478,295
   
1,693,538
   
103,259
   
2,275,092
 
Total deposits
  
204,728
   
1,533,716
   
(7,772
)
  
1,730,672
 

 
  
Retail
Banking
  
Meta Payment
Systems®
  
All Others
  
Total
 
         
Three Months Ended March 31, 2014
        
Interest income
 
$
7,797
  
$
4,266
  
$
-
  
$
12,063
 
Interest expense
  
402
   
31
   
111
   
544
 
Net interest income (expense)
  
7,395
   
4,235
   
(111
)
  
11,519
 
Provision (recovery) for loan losses
  
300
   
-
   
-
   
300
 
Non-interest income
  
1,058
   
12,005
   
-
   
13,063
 
Non-interest expense
  
5,622
   
13,988
   
133
   
19,743
 
Income (loss) before income tax expense (benefit)
  
2,531
   
2,252
   
(244
)
  
4,539
 
Income tax expense (benefit)
  
220
   
266
   
(91
)
  
395
 
Net income (loss)
 
$
2,311
  
$
1,986
  
$
(153
)
 
$
4,144
 
                 
Inter-segment revenue (expense)
 
$
3,410
  
$
(3,410
)
 
$
-
  
$
-
 
Total assets
  
459,500
   
1,427,772
   
3,285
   
1,890,557
 
Total deposits
  
210,032
   
1,292,438
   
(7,310
)
  
1,495,160
 

  
Retail
Banking
  
Meta Payment
Systems®
  
All Others
  
Total
 
         
Six Months Ended March 31, 2014
        
Interest income
 
$
15,259
  
$
7,966
  
$
-
  
$
23,225
 
Interest expense
  
911
   
57
   
225
   
1,193
 
Net interest income (expense)
  
14,348
   
7,909
   
(225
)
  
22,032
 
Provision (recovery) for loan losses
  
300
   
-
   
-
   
300
 
Non-interest income
  
1,808
   
24,842
   
-
   
26,650
 
Non-interest expense
  
10,454
   
27,715
   
635
   
38,804
 
Income (loss) before income tax expense (benefit)
  
5,402
   
5,036
   
(860
)
  
9,578
 
Income tax expense (benefit)
  
836
   
905
   
(309
)
  
1,432
 
Net income (loss)
 
$
4,566
  
$
4,131
  
$
(551
)
 
$
8,146
 
                 
Inter-segment revenue (expense)
 
$
6,626
  
$
(6,626
)
 
$
-
  
$
-
 
Total assets
  
459,500
   
1,427,772
   
3,285
   
1,890,557
 
Total deposits
  
210,032
   
1,292,438
   
(7,310
)
  
1,495,160
 

 
The following tables present gross profit data for MPS for the three and six months ended March 31, 2015 and 2014.

Three Months Ended March 31,
 
2015
  
2014
 
     
Interest income
 
$
5,281
  
$
4,266
 
Interest expense
  
46
   
31
 
Net interest income
  
5,235
   
4,235
 
Provision (recovery) for loan losses
  
-
   
-
 
Non-interest income
  
13,608
   
12,005
 
Card processing expense
  
3,804
   
3,563
 
Gross Profit
  
15,039
   
12,677
 
         
Other non-interest expense
  
12,074
   
10,425
 
         
Income (loss) before income tax expense (benefit)
  
2,965
   
2,252
 
Income tax expense (benefit)
  
561
   
266
 
Net Income (Loss)
 
$
2,404
  
$
1,986
 

Six Months Ended March 31,
 
2015
  
2014
 
     
Interest income
 
$
10,170
  
$
7,966
 
Interest expense
  
91
   
57
 
Net interest income
  
10,079
   
7,909
 
         
Provision (recovery) for loan losses
  
-
   
-
 
Non-interest income
  
26,660
   
24,842
 
Card processing expense
  
8,495
   
7,800
 
Gross Profit
  
28,244
   
24,951
 
         
Other non-interest expense
  
23,238
   
19,915
 
         
Income (loss) before income tax expense (benefit)
  
5,006
   
5,036
 
Income tax expense
  
898
   
905
 
Net Income
 
$
4,108
  
$
4,131