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Segment Information
 12 Months Ended
Dec. 31, 2011
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

Note 26:      Segment Information

 

The reportable segments are determined by the products and services offered, primarily distinguished between Banking and Item Processing operations. Loans, investments, deposits and financial services provide the revenues in the Banking segment and include the accounts of State Bank and RFCBC.

 

Service fees provide the revenues in the Item Processing operation and include the accounts of RDSI. Other segments include the accounts of the Company, Rurban Financial Corp., which provides management services to its subsidiaries.

 

The accounting policies used are the same as those described in the summary of significant accounting policies. Segment performance is evaluated using net interest income, other revenue, operating expense and net income. Goodwill is allocated. Income taxes and indirect expenses are allocated based on revenue. Transactions among segments are made at fair value. The Company allocates certain expenses to other segments. Information reported internally for performance assessment follows.

  

          Data           Total     Intersegment     Consolidated  
2011   Banking     Processing     Other     Segments     Elimination     Totals  
                                     
Income Statement information:                                                
                                                 
Net interest income (expense)   $ 22,301,413     $ (305,235 )   $ (1,285,279 )   $ 20,710,899     $ -     $ 20,710,899  
Other revenue - external customers     10,186,594       3,332,437       31,892       13,550,923       -       13,550,923  
Other revenue - other segments     300,701       1,387,500       146,231       1,834,432       (1,527,980 )     306,452  
Net interest income and other revenue     32,788,708       4,414,702       (1,107,156 )     36,096,254       (1,527,980 )     34,568,274  
Non-interest expense     24,172,240       6,334,659       1,580,191       32,087,090       (1,834,432 )     30,252,658  
Significant noncash items:                                                
Depreciation and amortization     869,521       903,352       9,802       1,782,675       -       1,782,675  
Fixed asset and software impairment             608,585               608,585       -       608,585  
Goodwill impairment     -       380,748       -       380,748       -       380,748  
Provision for loan losses     1,993,688       -       -       1,993,688       -       1,993,688  
Income tax expense (benefit)     1,823,833       (523,423 )     (642,381 )     658,029       -       658,029  
Segment profit (loss)   $ 4,798,947     $ (1,396,534 )   $ (2,044,966 )   $ 1,357,447     $ 306,452     $ 1,663,899  
                                                 
Balance sheet information:                                                
                                                 
Total assets   $ 623,501,172     $ 3,576,899     $ 73,207,765     $ 700,285,836     $ (71,622,170 )   $ 628,663,666  
Goodwill and intangibles     18,201,632       -       -       18,201,632       -       18,201,632  
Premises and equipment expenditures   $ 559,762     $ 106,688     $ 13,218     $ 679,668     $ -     $ 679,668  

  

          Data           Total     Intersegment     Consolidated  
2010   Banking     Processing     Other     Segments     Elimination     Totals  
                                     
Income Statement information:                                                
                                                 
Net interest income (expense)   $ 21,843,737     $ (454,369 )   $ (1,427,647 )   $ 19,961,721     $ -     $ 19,961,721  
Other revenue - external customers     10,958,388       9,725,869       134,566       20,818,823       -       20,818,823  
Other revenue - other segments     99,356       1,297,789       428,773       1,825,918       (1,825,918 )     -  
Net interest income and other revenue     32,901,481       10,569,289       (864,308 )     42,606,462       (1,825,918 )     40,780,544  
Non-interest expense     25,958,617       26,341,072       1,834,675       54,134,364       (1,825,918 )     52,308,446  
Significant noncash items:                                                
Depreciation and amortization     974,967       2,985,813       46,844       4,007,624       -       4,007,624  
Fixed asset and software impairment     -       4,892,231       -       4,892,231       -       4,892,231  
Goodwill impairment     -       4,680,960       -       4,680,960       -       4,680,960  
Other intangible impairment     -       1,591,844       -       1,591,844       -       1,591,844  
Provision for loan losses     7,587,603       3,000,000       -       10,587,603       -       10,587,603  
Income tax expense (benefit)     (768,661 )     (4,790,880 )     (942,754 )     (6,502,295 )     -       (6,502,295 )
Segment profit (loss)   $ 123,922     $ (13,980,903 )   $ (1,756,229 )   $ (15,613,210 )   $ -     $ (15,613,210 )
                                                 
Balance sheet information:                                                
                                                 
Total assets   $ 653,940,003     $ 6,852,940     $ 70,622,568     $ 731,415,511     $ (71,127,826 )   $ 660,287,685  
Goodwill and intangibles     18,831,214       487,748       -       19,318,962       -       19,318,962  
Premises and equipment expenditures   $ 1,018,127     $ 1,128,127     $ -     $ 2,146,254     $ -     $ 2,146,254  

 

          Data           Total     Intersegment     Consolidated  
2009   Banking     Processing     Other     Segments     Elimination     Totals  
                                     
Income Statement information:                                                
                                                 
Net interest income (expense)   $ 22,753,280     $ (182,136 )   $ (1,572,540 )   $ 20,998,604     $ -     $ 20,998,604  
Other revenue - external customers     10,386,902       18,836,667       81,028       29,304,597       -       29,304,597  
Other revenue - other segments     92,493       1,599,589       1,497,767       3,189,849       (3,189,849 )     -  
Net interest income and other revenue     33,232,675       20,254,120       6,255       53,493,050       (3,189,849 )     50,303,201  
Non-interest expense     25,239,393       18,928,782       3,864,674       48,032,849       (3,189,849 )     44,843,000  
Significant noncash items:                                                
Depreciation and amortization     1,039,284       3,334,636       99,447       4,473,367       -       4,473,367  
Provision for loan losses     5,738,098       -       -       5,738,098       -       5,738,098  
Income tax expense (benefit)     210,330       450,615       (1,321,333 )     (660,388 )     -       (660,388 )
Segment profit (loss)   $ 2,044,854     $ 874,723     $ (2,537,086 )   $ 382,491     $ -     $ 382,491  
                                                 
Balance sheet information:                                                
                                                 
Total assets   $ 652,166,943     $ 22,774,098     $ 83,110,060     $ 758,051,101     $ (85,001,999 )   $ 673,049,102  
Goodwill and intangibles     19,472,484       6,919,819       -       26,392,303       -       26,392,303  
Premises and equipment expenditures   $ 548,824     $ 2,805,922     $ 51,510     $ 3,406,256     $ -     $ 3,406,256