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Note 7 - Segment Information
 6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
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 89.1% and 90.1% of total consolidated revenues for the quarters ended June 30, 2013 and 2012, 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 June 30, 2013

 
   

Banking

   

Consumer

Finance

   

Total Company

 
                         

Net interest income

  $ 7,198     $ 643     $ 7,841  

Provision expense

  $ (200 )   $ 11     $ (189 )

Noninterest income

  $ 1,792     $ 173     $ 1,965  

Noninterest expense

  $ 6,706     $ 611     $ 7,317  

Tax expense

  $ 671     $ 65     $ 736  

Net income

  $ 1,813     $ 129     $ 1,942  

Assets

  $ 738,236     $ 13,876     $ 752,112  

   

Three Months Ended June 30, 2012

 
   

Banking

   

Consumer

Finance

   

Total Company

 
                         

Net interest income

  $ 7,426     $ 627     $ 8,053  

Provision expense

  $ 576     $ (52 )   $ 524  

Noninterest income

  $ 1,823     $ 151     $ 1,974  

Noninterest expense

  $ 6,588     $ 574     $ 7,162  

Tax expense

  $ 536     $ 86     $ 622  

Net income

  $ 1,549     $ 170     $ 1,719  

Assets

  $ 787,885     $ 13,487     $ 801,372  

   

Six Months Ended June 30, 2013

 
   

Banking

   

Consumer

Finance

   

Total Company

 
                         

Net interest income

  $ 14,347     $ 1,915     $ 16,262  

Provision expense

  $ (265 )   $ 107     $ (158 )

Noninterest income

  $ 5,285     $ 620     $ 5,905  

Noninterest expense

  $ 14,002     $ 1,263     $ 15,265  

Tax expense

  $ 1,501     $ 394     $ 1,895  

Net income

  $ 4,394     $ 771     $ 5,165  

Assets

  $ 738,236     $ 13,876     $ 752,112  

   

Six Months Ended June 30, 2012

 
   

Banking

   

Consumer

Finance

   

Total Company

 
                         

Net interest income

  $ 15,083     $ 1,882     $ 16,965  

Provision expense

  $ 1,787     $ 53     $ 1,840  

Noninterest income

  $ 4,888     $ 565     $ 5,453  

Noninterest expense

  $ 13,315     $ 1,179     $ 14,494  

Tax expense

  $ 1,332     $ 411     $ 1,743  

Net income

  $ 3,537     $ 804     $ 4,341  

Assets

  $ 787,885     $ 13,487     $ 801,372