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Segment Reporting | 9 Months Ended
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Sep. 30, 2022
Segment Reporting [Abstract] |
Segment Reporting | Note 16 – Segment Reporting We are in the business of providing financial services and subsequent to the acquisition of Severn in the fourth quarter of 2021 we operate in two business segments – community banking and mortgage-banking. Community banking is conducted through the Bank and involves delivering a broad range of financial services, including lending and deposit taking, to individuals and commercial enterprises. This segment also includes our treasury and administrative functions. Mortgage-banking is conducted through the residential mortgage division of the Bank and involves originating first and second-lien residential mortgages for sale in the secondary market. ​ ​ ​ ​ ​ The following tables present certain information regarding our business segments for the three and nine months ended September 30, 2022. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Community | ​ | ​ | ​ | ​ | Consolidated
(Dollars in thousands) |  | Banking |  | Mortgage Banking |  | Total
For the Three Months Ended September 30, 2022 |  | ​ |  |  | ​ |  |  | ​ |
Interest Income |  | $ | 30,420 | ​ | $ | 156 | ​ | $ | 30,576
Interest Expense | ​ |  | 3,250 | ​ |  | 11 | ​ |  | 3,261
Net interest income | ​ | ​ | 27,170 | ​ | ​ | 145 | ​ | ​ | 27,315
Provision for credit losses | ​ | ​ | 675 | ​ | ​ | — | ​ | ​ | 675
Net interest income after provision for credit losses | ​ | ​ | 26,495 | ​ | ​ | 145 | ​ | ​ | 26,640
Noninterest income | ​ |  | 4,664 | ​ |  | 680 | ​ |  | 5,344
Noninterest expense | ​ |  | 18,184 | ​ |  | 715 | ​ |  | 18,899
Income (loss) before income taxes | ​ |  | 12,975 | ​ |  | 110 | ​ |  | 13,085
Income tax expense (benefit) | ​ | ​ | 3,398 | ​ | ​ | 29 | ​ | ​ | 3,427
Net income (loss) | ​ | $ | 9,577 | ​ | $ | 81 | ​ | $ | 9,658
Total assets, September 30, 2022 | ​ | $ | 3,432,079 | ​ | $ | 14,725 | ​ | $ | 3,446,804
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Community | ​ | ​ | ​ | ​ | Consolidated
(Dollars in thousands) |  | Banking |  | Mortgage Banking |  | Total
For the Nine Months Ended September 30, 2022 |  | ​ |  |  | ​ |  |  | ​ |
Interest Income |  | $ | 81,066 | ​ | $ | 500 | ​ | $ | 81,566
Interest Expense | ​ |  | 7,177 | ​ |  | 30 | ​ |  | 7,207
Net interest income | ​ | ​ | 73,889 | ​ | ​ | 470 | ​ | ​ | 74,359
Provision for credit losses | ​ | ​ | 1,475 | ​ | ​ | — | ​ | ​ | 1,475
Net interest income after provision for credit losses | ​ | ​ | 72,414 | ​ | ​ | 470 | ​ | ​ | 72,884
Noninterest income | ​ |  | 13,581 | ​ |  | 3,643 | ​ |  | 17,224
Noninterest expense | ​ |  | 55,535 | ​ |  | 3,788 | ​ |  | 59,323
Income before income taxes | ​ |  | 30,460 | ​ |  | 325 | ​ |  | 30,785
Income tax expense | ​ | ​ | 7,934 | ​ | ​ | 82 | ​ | ​ | 8,016
Net income | ​ | $ | 22,526 | ​ | $ | 243 | ​ | $ | 22,769
Total assets, September 30, 2022 | ​ | $ | 3,432,079 | ​ | $ | 14,725 | ​ | $ | 3,446,804
​ ​

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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