XML 54 R24.htm IDEA: XBRL DOCUMENT
v3.19.3

Segment Information | 9 Months Ended
--- | ---
Sep. 30, 2019
Segment Reporting [Abstract] |
Segment Information | Segment Information: The reportable segments are determined by the products and services offered, primarily distinguished between banking and trust. The trust and retirement consulting segments were combined on July 1, 2019. They are also distinguished by the level of information provided to the chief operating decision makers in the Company, who use such information to review performance of various components of the business, which are then aggregated. Loans, investments, and deposits provide the revenues in the banking operation. All operations are domestic. Significant segment totals are reconciled to the financial statements as follows:
(In Thousands of Dollars) |  | Trust Segment |  |  | Bank Segment |  |  | Eliminations and Others |  |  | Consolidated Totals |
September 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill and other intangibles |  | $ | 6,410 |  |  | $ | 37,385 |  |  | $ | (823 | ) |  | $ | 42,972 |
Total assets |  | $ | 14,177 |  |  | $ | 2,413,255 |  |  | $ | 5,778 |  |  | $ | 2,433,210 |
(In Thousands of Dollars) |  | Trust Segment |  |  | Bank Segment |  |  | Eliminations and Others |  |  | Consolidated Totals |
December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill and other intangibles |  | $ | 6,661 |  |  | $ | 38,113 |  |  | $ | (822 | ) |  | $ | 43,952 |
Total assets |  | $ | 14,550 |  |  | $ | 2,309,644 |  |  | $ | 4,670 |  |  | $ | 2,328,864 |
(In Thousands of Dollars) |  | Trust Segment |  |  | Bank Segment |  |  | Eliminations and Others |  |  | Consolidated Totals |
For Three Months Ended September 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net interest income |  | $ | 43 |  |  | $ | 20,734 |  |  | $ | (20 | ) |  | $ | 20,757 |
Provision for loan losses |  |  | 0 |  |  |  | 550 |  |  |  | 0 |  |  |  | 550 |
Service fees, security gains and other noninterest income |  |  | 2,277 |  |  |  | 5,235 |  |  |  | (71 | ) |  |  | 7,441 |
Noninterest expense |  |  | 1,459 |  |  |  | 13,937 |  |  |  | 321 |  |  |  | 15,717 |
Amortization and depreciation expense |  |  | 91 |  |  |  | 602 |  |  |  | 13 |  |  |  | 706 |
Income before taxes |  |  | 770 |  |  |  | 10,880 |  |  |  | (425 | ) |  |  | 11,225 |
Income taxes |  |  | 162 |  |  |  | 2,019 |  |  |  | (110 | ) |  |  | 2,071 |
Net income |  | $ | 608 |  |  | $ | 8,861 |  |  | $ | (315 | ) |  | $ | 9,154 |
(In Thousands of Dollars) |  | Trust Segment |  |  | Bank Segment |  |  | Eliminations and Others |  |  | Consolidated Totals |
For Nine Months Ended September 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net interest income |  | $ | 121 |  |  | $ | 61,157 |  |  | $ | (65 | ) |  | $ | 61,213 |
Provision for loan losses |  |  | 0 |  |  |  | 1,850 |  |  |  | 0 |  |  |  | 1,850 |
Service fees, security gains and other noninterest income |  |  | 6,825 |  |  |  | 14,329 |  |  |  | (199 | ) |  |  | 20,955 |
Noninterest expense |  |  | 4,580 |  |  |  | 41,656 |  |  |  | 734 |  |  |  | 46,970 |
Amortization and depreciation expense |  |  | 275 |  |  |  | 1,822 |  |  |  | 37 |  |  |  | 2,134 |
Income before taxes |  |  | 2,091 |  |  |  | 30,158 |  |  |  | (1,035 | ) |  |  | 31,214 |
Income taxes |  |  | 440 |  |  |  | 5,049 |  |  |  | (360 | ) |  |  | 5,129 |
Net income |  | $ | 1,651 |  |  | $ | 25,109 |  |  | $ | (675 | ) |  | $ | 26,085 |
(In Thousands of Dollars) |  | Trust Segment |  |  | Bank Segment |  |  | Eliminations and Others |  |  | Consolidated Totals |
For Three Months Ended September 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net interest income |  | $ | 39 |  |  | $ | 19,906 |  |  | $ | (26 | ) |  | $ | 19,919 |
Provision for loan losses |  |  | 0 |  |  |  | 950 |  |  |  | 0 |  |  |  | 950 |
Service fees, security gains and other noninterest income |  |  | 2,332 |  |  |  | 4,235 |  |  |  | (89 | ) |  |  | 6,478 |
Noninterest expense |  |  | 1,552 |  |  |  | 13,611 |  |  |  | 276 |  |  |  | 15,439 |
Amortization and depreciation expense |  |  | 111 |  |  |  | 617 |  |  |  | 13 |  |  |  | 741 |
Income before taxes |  |  | 708 |  |  |  | 8,963 |  |  |  | (404 | ) |  |  | 9,267 |
Income taxes |  |  | 148 |  |  |  | 1,136 |  |  |  | (101 | ) |  |  | 1,183 |
Net income |  | $ | 560 |  |  | $ | 7,827 |  |  | $ | (303 | ) |  | $ | 8,084 |
(In Thousands of Dollars) |  | Trust Segment |  |  | Bank Segment |  |  | Eliminations and Others |  |  | Consolidated Totals |
For Nine Months Ended September 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net interest income |  | $ | 104 |  |  | $ | 58,390 |  |  | $ | (67 | ) |  | $ | 58,427 |
Provision for loan losses |  |  | 0 |  |  |  | 2,475 |  |  |  | 0 |  |  |  | 2,475 |
Service fees, security gains and other noninterest income |  |  | 6,798 |  |  |  | 12,210 |  |  |  | (214 | ) |  |  | 18,794 |
Noninterest expense |  |  | 4,685 |  |  |  | 39,047 |  |  |  | 761 |  |  |  | 44,493 |
Amortization and depreciation expense |  |  | 337 |  |  |  | 1,866 |  |  |  | 38 |  |  |  | 2,241 |
Income before taxes |  |  | 1,880 |  |  |  | 27,212 |  |  |  | (1,080 | ) |  |  | 28,012 |
Income taxes |  |  | 395 |  |  |  | 4,080 |  |  |  | (346 | ) |  |  | 4,129 |
Net income |  | $ | 1,485 |  |  | $ | 23,132 |  |  | $ | (734 | ) |  | $ | 23,883 |
The Bank segment includes Farmers National Insurance and Farmers of Canfield Investment Co.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration