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Segment Information | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company's operations are managed along two operating segments: Community Banking and Home Mortgage Lending. The Community Banking segment's principal business focus is the offering of loan and deposit products to business and consumer customers in its primary market areas. As of December 31, 2021, the Community Banking segment operated 17 branches throughout Alaska. The Home Mortgage Lending segment's principal business focus is the origination and sale of mortgage loans for 1-4 family residential properties. Summarized financial information for the Company's reportable segments and the reconciliation to the consolidated financial results is shown in the following tables:
December 31, 2021 |  |  |  |  |
(In Thousands) | Community Banking |  | Home Mortgage Lending |  | Consolidated
Interest income | $81,703 |  |  | $2,903 |  |  | $84,606 |
Interest expense | 3,623 |  |  | 156 |  |  | 3,779 |
Net interest income | 78,080 |  |  | 2,747 |  |  | 80,827 |
Provision for credit losses | (4,099) |  |  | — |  |  | (4,099) |
Other operating income | 10,119 |  |  | 42,144 |  |  | 52,263 |
Other operating expense | 58,647 |  |  | 30,549 |  |  | 89,196 |
Income before provision for income taxes | 33,651 |  |  | 14,342 |  |  | 47,993 |
Provision for income taxes | 6,468 |  |  | 4,008 |  |  | 10,476 |
Net income | $27,183 |  |  | $10,334 |  |  | $37,517 |
Total assets | $2,615,433 |  |  | $109,286 |  |  | $2,724,719 |
Loans held for sale | $— |  |  | $73,650 |  |  | $73,650 |
December 31, 2020 |  |  |  |  |
(In Thousands) | Community Banking |  | Home Mortgage Lending |  | Consolidated
Interest income | $73,435 |  |  | $3,281 |  |  | $76,716 |
Interest expense | 5,788 |  |  | 263 |  |  | 6,051 |
Net interest income | 67,647 |  |  | 3,018 |  |  | 70,665 |
Provision for credit losses | 2,432 |  |  | — |  |  | 2,432 |
Other operating income | 10,693 |  |  | 52,635 |  |  | 63,328 |
Other operating expense | 57,614 |  |  | 31,500 |  |  | 89,114 |
Income before provision for income taxes | 18,294 |  |  | 24,153 |  |  | 42,447 |
Provision for income taxes | 2,694 |  |  | 6,865 |  |  | 9,559 |
Net income | $15,600 |  |  | $17,288 |  |  | $32,888 |
Total assets | $1,935,871 |  |  | $185,927 |  |  | $2,121,798 |
Loans held for sale | $— |  |  | $146,178 |  |  | $146,178 |
December 31, 2019 |  |  |  |  |
(In Thousands) | Community Banking |  | Home Mortgage Lending |  | Consolidated
Interest income | $67,770 |  |  | $2,313 |  |  | $70,083 |
Interest expense | 4,569 |  |  | 1,072 |  |  | 5,641 |
Net interest income | 63,201 |  |  | 1,241 |  |  | 64,442 |
Benefit for credit losses | (1,175) |  |  | — |  |  | (1,175) |
Other operating income | 13,145 |  |  | 24,201 |  |  | 37,346 |
Compensation expense, RML acquisition payments | 468 |  |  | — |  |  | 468 |
Other operating expense | 54,520 |  |  | 21,850 |  |  | 76,370 |
Income before provision for income taxes | 22,533 |  |  | 3,592 |  |  | 26,125 |
Provision for income taxes | 4,408 |  |  | 1,026 |  |  | 5,434 |
Net income | $18,125 |  |  | $2,566 |  |  | $20,691 |
Total assets | $1,540,869 |  |  | $103,127 |  |  | $1,643,996 |
Loans held for sale | $— |  |  | $67,834 |  |  | $67,834 |

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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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