| Information About Reportable Segments and Reconciliation |
Information about reportable segments and reconciliation of such information to the consolidated financial statements for three and six months ended June 30, 2013 and 2012 was as follows (dollars in thousands):
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UNION FIRST MARKET BANKSHARES CORPORATION AND SUBSIDIARIES
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SEGMENT FINANCIAL INFORMATION
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(Dollars in thousands)
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Community Bank
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Mortgage
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Eliminations
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Consolidated
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Three Months Ended June 30, 2013
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Net interest income
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$
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36,960
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$
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443
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$
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-
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$
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37,403
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Provision for loan losses
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1,000
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-
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-
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1,000
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Net interest income after provision for loan losses
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35,960
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443
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-
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36,403
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Noninterest income
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6,798
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4,668
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(167)
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11,299
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Noninterest expenses
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29,793
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4,657
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(167)
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34,283
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Income before income taxes
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12,965
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454
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-
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13,419
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Income tax expense
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3,796
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160
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-
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3,956
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Net income
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$
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9,169
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$
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294
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$
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-
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$
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9,463
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Total assets
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$
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4,045,163
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$
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121,392
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$
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(109,998)
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$
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4,056,557
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Three Months Ended June 30, 2012
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Net interest income
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$
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37,792
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$
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295
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$
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-
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$
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38,087
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Provision for loan losses
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3,000
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-
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-
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3,000
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Net interest income after provision for loan losses
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34,792
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295
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-
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35,087
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Noninterest income
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6,537
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3,833
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(117)
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10,253
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Noninterest expenses
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30,386
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3,338
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(117)
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33,607
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Income before income taxes
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10,943
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790
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-
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11,733
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Income tax expense
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2,993
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320
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-
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3,313
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Net income
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$
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7,950
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$
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470
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$
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-
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$
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8,420
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Total assets
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$
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3,967,690
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$
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110,374
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$
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(95,776)
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$
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3,982,288
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Six Months Ended June 30, 2013
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Net interest income
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$
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74,147
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$
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1,010
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$
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-
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$
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75,157
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Provision for loan losses
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3,050
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-
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-
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3,050
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Net interest income after provision for loan losses
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71,097
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1,010
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-
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72,107
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Noninterest income
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12,945
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8,522
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(334)
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21,133
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Noninterest expenses
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59,338
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8,779
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(334)
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67,783
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Income before income taxes
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24,704
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753
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-
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25,457
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Income tax expense
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6,731
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280
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-
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7,011
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Net income
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$
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17,973
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$
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473
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$
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-
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$
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18,446
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Total assets
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$
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4,045,163
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$
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121,392
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$
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(109,998)
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$
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4,056,557
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Six Months Ended June 30, 2012
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Net interest income
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$
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75,830
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$
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604
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$
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-
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$
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76,434
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Provision for loan losses
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6,500
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-
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-
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6,500
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Net interest income after provision for loan losses
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69,330
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604
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-
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69,934
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Noninterest income
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12,363
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6,600
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(234)
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18,729
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Noninterest expenses
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60,069
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6,039
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(234)
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65,874
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Income before income taxes
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21,624
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1,165
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-
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22,789
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Income tax expense
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5,985
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461
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-
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6,446
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Net income
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$
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15,639
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$
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704
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$
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-
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$
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16,343
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Total assets
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$
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3,967,690
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$
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110,374
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$
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(95,776)
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$
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3,982,288
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