(14.) SEGMENT REPORTING

The Company has two reportable segments: Banking and Non-Banking. These reportable segments have been identified and organized based on the nature of the underlying products and services applicable to each segment, the type of customers to whom those products and services are offered and the distribution channel through which those products and services are made available.

The Banking segment includes all of the Company's retail and commercial banking operations. The Non-Banking segment includes the activities of SDN, a full service insurance agency that provides a broad range of insurance services to both personal and business clients, and Courier Capital, an investment advisor and wealth management firm that provides customized investment management, investment consulting and retirement plan services to individuals, businesses, institutions, foundations and retirement plans. Holding company amounts are the primary differences between segment amounts and consolidated totals, and are reflected in the Holding Company and Other column below, along with amounts to eliminate balances and transactions between segments.

The following tables present information regarding our business segments as of and for the periods indicated (in thousands).


						Holding
						Company and		Consolidated
		Banking		Non-Banking		Other		Totals
March 31, 2018
Goodwill	$	48,536	$	17,304	$	-	$	65,840
Other intangible assets, net		329		8,246		-		8,575
Total assets		4,116,335		30,714		5,383		4,152,432

December 31, 2017
Goodwill	$	48,536	$	17,304	$	-	$	65,840
Other intangible assets, net		373		8,490		-		8,863
Total assets		4,069,086		31,466		4,658		4,105,210


								Holding
								Company and			Consolidated
		Banking			Non-Banking ⁽¹⁾			Other			Totals
Three months ended March 31, 2018
Net interest income (expense)	$	30,246		$	-		$	(618	)	$	29,628
Provision for loan losses		(2,949	)		-			-			(2,949	)
Noninterest income		6,504			2,624			(144	)		8,984
Noninterest expense		(20,483	)		(2,665	)		(959	)		(24,107	)
Income (loss) before income taxes		13,318			(41	)		(1,721	)		11,556
Income tax expense (benefit)		2,632			(8	)		(356	)		2,268
Net income (loss)	$	10,686		$	(33	)	$	(1,365	)	$	9,288

Three months ended March 31, 2017
Net interest income (expense)	$	27,613		$	-		$	(618	)	$	26,995
Provision for loan losses		(2,781	)		-			-			(2,781	)
Noninterest income		5,578			2,405			(147	)		7,836
Noninterest expense		(18,484	)		(1,834	)		(624	)		(20,942	)
Income (loss) before income taxes		11,926			571			(1,389	)		11,108
Income tax expense (benefit)		3,573			222			(630	)		3,165
Net income (loss)	$	8,353		$	349		$	(759	)	$	7,943

⁽¹⁾Reflects activity from the acquisition of the assets of Robshaw & Julian since August 31, 2017 (the date of acquisition).