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Segment Reporting
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
Note 11 – Segment Reporting
The Company operates two primary business segments: Community Banking and Insurance Products and Services. Through the Community Banking business, the Company provides services to consumers and small businesses on the Eastern Shore of Maryland and Delaware through its 18-branch network and a loan production office in Delaware. Community banking activities include small business services, retail brokerage, trust services and consumer banking products and services. Loan products available to consumers include mortgage, home equity, automobile, marine, and installment loans, credit cards and other secured and unsecured personal lines of credit. Small business lending includes commercial mortgages, real estate development loans, equipment and operating loans, as well as secured and unsecured lines of credit, credit cards, accounts receivable financing arrangements, and merchant card services.
 
Through the Insurance Products and Services business, the Company provides a full range of insurance products and services to businesses and consumers in the Company’s market areas. Products include property and casualty, life, marine, individual health and long-term care insurance. Pension and profit sharing plans and retirement plans for executives and employees are available to suit the needs of individual businesses.
 
The following table includes selected financial information by business segments for the first three months of 2016 and 2015.
 
 
 
Community
 
Insurance Products
 
Parent
 
Consolidated
 
(Dollars in thousands)
 
Banking
 
and Services
 
Company
 
Total
 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest income
 
$
9,846
 
$
-
 
$
62
 
$
9,908
 
Interest expense
 
 
(665)
 
 
-
 
 
-
 
 
(665)
 
Provision for credit losses
 
 
(450)
 
 
-
 
 
-
 
 
(450)
 
Noninterest income
 
 
1,830
 
 
2,711
 
 
-
 
 
4,541
 
Noninterest expense
 
 
(5,297)
 
 
(1,709)
 
 
(2,333)
 
 
(9,339)
 
Net intersegment (expense) income
 
 
(1,936)
 
 
(172)
 
 
2,108
 
 
-
 
Income (loss) before taxes
 
 
3,328
 
 
830
 
 
(163)
 
 
3,995
 
Income tax (expense) benefit
 
 
(1,279)
 
 
(319)
 
 
63
 
 
(1,535)
 
Net income (loss)
 
$
2,049
 
$
511
 
$
(100)
 
$
2,460
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total assets
 
$
1,103,842
 
$
9,133
 
$
18,200
 
$
1,131,175
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest income
 
$
9,394
 
$
-
 
$
51
 
$
9,445
 
Interest expense
 
 
(906)
 
 
-
 
 
-
 
 
(906)
 
Provision for credit losses
 
 
(650)
 
 
-
 
 
-
 
 
(650)
 
Noninterest income
 
 
1,666
 
 
2,419
 
 
-
 
 
4,085
 
Noninterest expense
 
 
(5,527)
 
 
(1,751)
 
 
(2,426)
 
 
(9,704)
 
Net intersegment (expense) income
 
 
(1,993)
 
 
(197)
 
 
2,190
 
 
-
 
Income (loss) before taxes
 
 
1,984
 
 
471
 
 
(185)
 
 
2,270
 
Income tax (expense) benefit
 
 
(752)
 
 
(179)
 
 
70
 
 
(861)
 
Net income (loss)
 
$
1,232
 
$
292
 
$
(115)
 
$
1,409
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total assets
 
$
1,068,367
 
$
10,023
 
$
15,738
 
$
1,094,128