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Note 14 - Segment Reporting
 3 Months Ended
Mar. 31, 2025
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

Note 14. Segment Reporting

 

Accounting policies for segments are the same as those described in Note 1a. Segment performance is evaluated using Consolidated Bank net income. Information reported internally for performance assessment by the CODM follows, inclusive of reconciliations of significant segment totals to the financial statements:

 

  

Consolidated Bank

 
  

March 31,

 
  

2025

  

2024

 

(dollars in thousands)

        
         

Interest income

 $124,789  $129,607 

Noninterest income

  3,749   3,599 

Total segment income

 $128,538  $133,206 
         

Less:

        

Interest expense

  57,735   67,996 

Segment net interest income and noninterest income

  70,803   65,210 

Less:

        

Provision for credit losses

  3,500   4,000 

Salaries and employee benefits

  22,578   22,131 

Other segment items*

  16,332   14,920 

Income tax expense

  7,160   5,878 

Segment consolidated net income

 $21,233  $18,281 
         

Other segment disclosures

        

Interest income

 $124,789  $129,607 

Interest expense

  57,735   67,996 

Depreciation

  1,098   1,101 

Amortization of core deposit intangibles

  279   321 

Other significant noncash items:

        

Provision for credit losses

  3,500   4,000 

Segment assets

  9,751,832   9,845,796 

Total expenses for segment assets

  107,306   114,924 
         

Reconciliation of assets

        

Total assets for segment

 $9,751,832  $9,845,796 

Other assets

  7,423   8,168 

Total consolidated assets

 $9,759,255  $9,853,964 

 

*Other segment items for consolidated bank include expenses for occupancy and equipment, FDIC insurance, professional and consulting, marketing and advertising, merger expenses and other expenses.