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v3.26.1

Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2026
Segment Reporting [Abstract] |
Schedule of Segment Information | Summarized financial information for the Company's reportable segments and the reconciliation to the consolidated financial results for the periods presented is shown in the following tables:
| Three Months Ended June 30, 2026
(In Thousands) | Community Banking |  | Home Mortgage Lending |  | Specialty Finance |  | Consolidated
Interest income | $41,124 |  |  | $4,934 |  |  | $1,096 |  |  | $47,154 |
Interest expense | 7,888 |  |  | 1,460 |  |  | 670 |  |  | 10,018 |
Net interest income | 33,236 |  |  | 3,474 |  |  | 426 |  |  | 37,136 |
Provision for credit losses | 503 |  |  | 279 |  |  | 845 |  |  | 1,627 |
Net interest income after provision for credit losses | 32,733 |  |  | 3,195 |  |  | (419) |  |  | 35,509 |
Net realized gains on mortgage loans sold | — |  |  | 5,408 |  |  | — |  |  | 5,408 |
Change in fair value of mortgage loan commitments, net | — |  |  | (202) |  |  | — |  |  | (202) |
Total production revenue | — |  |  | 5,206 |  |  | — |  |  | 5,206 |
Mortgage servicing revenue | — |  |  | 2,568 |  |  | — |  |  | 2,568 |
Change in fair value of mortgage servicing rights: |  |  |  |  |  |  |
Due to changes in model inputs of assumptions | — |  |  | (366) |  |  | — |  |  | (366) |
Other | — |  |  | (562) |  |  | — |  |  | (562) |
Total mortgage servicing revenue, net | — |  |  | 1,640 |  |  | — |  |  | 1,640 |
Other mortgage banking revenue | — |  |  | 292 |  |  | — |  |  | 292 |
Total mortgage banking income | — |  |  | 7,138 |  |  | — |  |  | 7,138 |
Purchased receivable income | — |  |  | — |  |  | 6,473 |  |  | 6,473 |
Other operating income | 3,097 |  |  | — |  |  | 29 |  |  | 3,126 |
Total other operating income | 3,097 |  |  | 7,138 |  |  | 6,502 |  |  | 16,737 |
Salaries and other personnel expense | 12,418 |  |  | 6,399 |  |  | 1,967 |  |  | 20,784 |
Data processing expense | 2,977 |  |  | 299 |  |  | 206 |  |  | 3,482 |
Occupancy expense | 1,384 |  |  | 372 |  |  | 69 |  |  | 1,825 |
Professional and outside services | 935 |  |  | 258 |  |  | 235 |  |  | 1,428 |
Marketing expense | 640 |  |  | 40 |  |  | 6 |  |  | 686 |
Insurance expense | 417 |  |  | 15 |  |  | — |  |  | 432 |
Compensation expense - Sallyport acquisition payments | — |  |  | — |  |  | 500 |  |  | 500 |
Other operating expense | 1,663 |  |  | 739 |  |  | 483 |  |  | 2,885 |
Total other operating expense | 20,434 |  |  | 8,122 |  |  | 3,466 |  |  | 32,022 |
Income before provision for income taxes | 15,396 |  |  | 2,211 |  |  | 2,617 |  |  | 20,224 |
Provision for income taxes | 3,651 |  |  | 604 |  |  | 627 |  |  | 4,882 |
Net income | $11,745 |  |  | $1,607 |  |  | $1,990 |  |  | $15,342 |
Three Months Ended June 30, 2026 |  |  |  |  |  |  |
(In Thousands) | Community Banking |  | Home Mortgage Lending |  | Specialty Finance |  | Consolidated
Interest income | $41,124 |  |  | $4,934 |  |  | $1,096 |  |  | $47,154 |
Mortgage banking income - external revenue | — |  |  | 7,138 |  |  | — |  |  | 7,138 |
Mortgage banking income - intersegment revenues | — |  |  | 924 |  |  | — |  |  | 924 |
Purchased receivable income | — |  |  | — |  |  | 6,473 |  |  | 6,473 |
Other operating income | 3,097 |  |  | — |  |  | 29 |  |  | 3,126 |
| 44,221 |  |  | 12,996 |  |  | 7,598 |  |  | 64,815 |
Reconciliation of revenue |  |  |  |  |  |  |
Elimination of intersegment revenues | — |  |  | (924) |  |  | — |  |  | (924) |
Total consolidated revenues | $44,221 |  |  | $12,072 |  |  | $7,598 |  |  | $63,891 |
Less: |  |  |  |  |  |  |
Interest expense | 7,888 |  |  | 1,460 |  |  | 670 |  |  | 10,018 |
Provision for credit losses | 503 |  |  | 279 |  |  | 845 |  |  | 1,627 |
Segment gross profit | 35,830 |  |  | 10,333 |  |  | 6,083 |  |  | 52,246 |
Less(1): |  |  |  |  |  |  |
Salaries and other personnel expense | $12,418 |  |  | $6,399 |  |  | $1,967 |  |  | $20,784 |
Data processing expense | 2,977 |  |  | 299 |  |  | 206 |  |  | 3,482 |
Occupancy expense | 1,384 |  |  | 372 |  |  | 69 |  |  | 1,825 |
Professional and outside services | 935 |  |  | 258 |  |  | 235 |  |  | 1,428 |
Marketing expense | 640 |  |  | 40 |  |  | 6 |  |  | 686 |
Insurance expense | 417 |  |  | 15 |  |  | — |  |  | 432 |
Compensation expense - Sallyport acquisition payments | — |  |  | — |  |  | 500 |  |  | 500 |
Intersegment expense | 924 |  |  | — |  |  | — |  |  | 924 |
Other segment items(2) | 1,663 |  |  | 739 |  |  | 483 |  |  | 2,885 |
Segment expense | 21,358 |  |  | 8,122 |  |  | 3,466 |  |  | 32,946 |
Reconciliation of expense |  |  |  |  |  |  |
Elimination of intersegment expense | ($924) |  |  | $— |  |  | $— |  |  | (924) |
Total consolidated expense | $20,434 |  |  | $8,122 |  |  | $3,466 |  |  | $32,022 |
Income before provision for income taxes | $15,396 |  |  | $2,211 |  |  | $2,617 |  |  | $20,224 |
1 The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. All expenses are allocated to a segment. 2 Other segment items for each reportable segment include: Community Banking: OREO (income) expense, net of rental income and gains on sale, director fees, operational charge offs net of recoveries, loan collection and collateral costs, and other miscellaneous operating costs related to community banking activities. Home Mortgage Lending: OREO (income) expense, net of rental income and gains on sale related home mortgage loans, director fees related at RML, loan collection and collateral costs related to home mortgage loans, and other miscellaneous operating costs related to home mortgage lending activities. Specialty Finance: miscellaneous operating costs related to specialty finance activities.
| Three Months Ended June 30, 2025
(In Thousands) | Community Banking |  | Home Mortgage Lending |  | Specialty Finance |  | Consolidated
Interest income | $38,969 |  |  | $5,048 |  |  | $782 |  |  | $44,799 |
Interest expense | 8,998 |  |  | 1,541 |  |  | 668 |  |  | 11,207 |
Net interest income | 29,971 |  |  | 3,507 |  |  | 114 |  |  | 33,592 |
Provision for credit losses | 1,319 |  |  | 639 |  |  | 18 |  |  | 1,976 |
Net interest income after provision for credit losses | 28,652 |  |  | 2,868 |  |  | 96 |  |  | 31,616 |
Net realized gains on mortgage loans sold | — |  |  | 5,091 |  |  | — |  |  | 5,091 |
Change in fair value of mortgage loan commitments, net | — |  |  | (110) |  |  | — |  |  | (110) |
Total production revenue | — |  |  | 4,981 |  |  | — |  |  | 4,981 |
Mortgage servicing revenue | — |  |  | 2,957 |  |  | — |  |  | 2,957 |
Change in fair value of mortgage servicing rights: |  |  |  |  |  |  |
Due to changes in model inputs of assumptions | — |  |  | (355) |  |  | — |  |  | (355) |
Other | — |  |  | (463) |  |  | — |  |  | (463) |
Total mortgage servicing revenue, net | — |  |  | 2,139 |  |  | — |  |  | 2,139 |
Other mortgage banking revenue | — |  |  | 280 |  |  | — |  |  | 280 |
Total mortgage banking income | — |  |  | 7,400 |  |  | — |  |  | 7,400 |
Purchased receivable income | — |  |  | — |  |  | 5,897 |  |  | 5,897 |
Other operating income | 3,268 |  |  | — |  |  | 75 |  |  | 3,343 |
Total other operating income | 3,268 |  |  | 7,400 |  |  | 5,972 |  |  | 16,640 |
Salaries and other personnel expense | 13,360 |  |  | 5,682 |  |  | 1,812 |  |  | 20,854 |
Data processing expense | 2,960 |  |  | 270 |  |  | 136 |  |  | 3,366 |
Occupancy expense | 1,476 |  |  | 556 |  |  | 72 |  |  | 2,104 |
Professional and outside services | 634 |  |  | 258 |  |  | 221 |  |  | 1,113 |
Marketing expense | 894 |  |  | 142 |  |  | 6 |  |  | 1,042 |
Insurance expense | 734 |  |  | 21 |  |  | 1 |  |  | 756 |
Compensation expense - Sallyport acquisition payments | — |  |  | — |  |  | 600 |  |  | 600 |
Other operating expense | 1,706 |  |  | 664 |  |  | 283 |  |  | 2,653 |
Total other operating expense | 21,764 |  |  | 7,593 |  |  | 3,131 |  |  | 32,488 |
Income before provision for income taxes | 10,156 |  |  | 2,675 |  |  | 2,937 |  |  | 15,768 |
Provision (benefit) for income taxes | 2,413 |  |  | 746 |  |  | 831 |  |  | 3,990 |
Net income | $7,743 |  |  | $1,929 |  |  | $2,106 |  |  | $11,778 |
Three Months Ended June 30, 2025 |  |  |  |  |  |  |
(In Thousands) | Community Banking |  | Home Mortgage Lending |  | Specialty Finance |  | Consolidated
Interest income | $38,969 |  |  | $5,048 |  |  | $782 |  |  | $44,799 |
Mortgage banking income - external revenue | — |  |  | 7,400 |  |  | — |  |  | 7,400 |
Mortgage banking income - intersegment revenues | — |  |  | 914 |  |  | — |  |  | 914 |
Purchased receivable income | — |  |  | — |  |  | 5,897 |  |  | 5,897 |
Other operating income | 3,268 |  |  | — |  |  | 75 |  |  | 3,343 |
| 42,237 |  |  | 13,362 |  |  | 6,754 |  |  | 62,353 |
Reconciliation of revenue |  |  |  |  |  |  |
Elimination of intersegment revenues | — |  |  | (914) |  |  | — |  |  | (914) |
Total consolidated revenues | $42,237 |  |  | $12,448 |  |  | $6,754 |  |  | $61,439 |
Less: |  |  |  |  |  |  |
Interest expense | 8,998 |  |  | 1,541 |  |  | 668 |  |  | 11,207 |
Provision for credit losses | 1,319 |  |  | 639 |  |  | 18 |  |  | 1,976 |
Segment gross profit | 31,920 |  |  | 10,268 |  |  | 6,068 |  |  | 48,256 |
Less(1): |  |  |  |  |  |  |
Salaries and other personnel expense | $13,360 |  |  | $5,682 |  |  | $1,812 |  |  | $20,854 |
Data processing expense | 2,960 |  |  | 270 |  |  | 136 |  |  | 3,366 |
Occupancy expense | 1,476 |  |  | 556 |  |  | 72 |  |  | 2,104 |
Professional and outside services | 634 |  |  | 258 |  |  | 221 |  |  | 1,113 |
Marketing expense | 894 |  |  | 142 |  |  | 6 |  |  | 1,042 |
Insurance expense | 734 |  |  | 21 |  |  | 1 |  |  | 756 |
Compensation expense - Sallyport acquisition payments | — |  |  | — |  |  | 600 |  |  | 600 |
Intersegment expense | 914 |  |  | — |  |  | — |  |  | 914 |
Other segment items(2) | 1,706 |  |  | 664 |  |  | 283 |  |  | 2,653 |
Segment expense | 22,678 |  |  | 7,593 |  |  | 3,131 |  |  | 33,402 |
Reconciliation of expense |  |  |  |  |  |  |
Elimination of intersegment expense | ($914) |  |  | $— |  |  | $— |  |  | (914) |
Total consolidated expense | $21,764 |  |  | $7,593 |  |  | $3,131 |  |  | $32,488 |
Income before provision for income taxes | $10,156 |  |  | $2,675 |  |  | $2,937 |  |  | $15,768 |
1 The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. All expenses are allocated to a segment. 2 Other segment items for each reportable segment include: Community Banking: OREO (income) expense, net of rental income and gains on sale, director fees, operational charge offs net of recoveries, loan collection and collateral costs, and other miscellaneous operating costs related to community banking activities. Home Mortgage Lending: OREO (income) expense, net of rental income and gains on sale related home mortgage loans, director fees related at RML, loan collection and collateral costs related to home mortgage loans, and other miscellaneous operating costs related to home mortgage lending activities. Specialty Finance: miscellaneous operating costs related to specialty finance activities.
| Six Months Ended June 30, 2026
(In Thousands) | Community Banking |  | Home Mortgage Lending |  | Specialty Finance |  | Consolidated
Interest income | $81,160 |  |  | $9,125 |  |  | $1,765 |  |  | $92,050 |
Interest expense | 16,084 |  |  | 2,855 |  |  | 1,314 |  |  | 20,253 |
Net interest income | 65,076 |  |  | 6,270 |  |  | 451 |  |  | 71,797 |
Provision for credit losses | 656 |  |  | 841 |  |  | 1,090 |  |  | 2,587 |
Net interest income after provision for credit losses | 64,420 |  |  | 5,429 |  |  | (639) |  |  | 69,210 |
Net realized gains on mortgage loans sold | — |  |  | 8,405 |  |  | — |  |  | 8,405 |
Change in fair value of mortgage loan commitments, net | — |  |  | 518 |  |  | — |  |  | 518 |
Total production revenue | — |  |  | 8,923 |  |  | — |  |  | 8,923 |
Mortgage servicing revenue | — |  |  | 5,235 |  |  | — |  |  | 5,235 |
Change in fair value of mortgage servicing rights: |  |  |  |  |  |  |
Due to changes in model inputs of assumptions | — |  |  | 97 |  |  | — |  |  | 97 |
Other | — |  |  | (1,152) |  |  | — |  |  | (1,152) |
Total mortgage servicing revenue, net | — |  |  | 4,180 |  |  | — |  |  | 4,180 |
Other mortgage banking revenue | — |  |  | 496 |  |  | — |  |  | 496 |
Total mortgage banking income | — |  |  | 13,599 |  |  | — |  |  | 13,599 |
Purchased receivable income | — |  |  | — |  |  | 12,605 |  |  | 12,605 |
Other operating income | 5,513 |  |  | — |  |  | (101) |  |  | 5,412 |
Total other operating income | 5,513 |  |  | 13,599 |  |  | 12,504 |  |  | 31,616 |
Salaries and other personnel expense | 24,810 |  |  | 11,674 |  |  | 3,806 |  |  | 40,290 |
Data processing expense | 5,813 |  |  | 599 |  |  | 375 |  |  | 6,787 |
Occupancy expense | 2,949 |  |  | 840 |  |  | 140 |  |  | 3,929 |
Professional and outside services | 1,766 |  |  | 511 |  |  | 310 |  |  | 2,587 |
Marketing expense | 1,396 |  |  | 177 |  |  | 14 |  |  | 1,587 |
Insurance expense | 801 |  |  | 35 |  |  | — |  |  | 836 |
Compensation expense - Sallyport acquisition payments | — |  |  | — |  |  | 1,000 |  |  | 1,000 |
Other operating expense | 3,289 |  |  | 1,487 |  |  | 852 |  |  | 5,628 |
Total other operating expense | 40,824 |  |  | 15,323 |  |  | 6,497 |  |  | 62,644 |
Income before provision for income taxes | 29,109 |  |  | 3,705 |  |  | 5,368 |  |  | 38,182 |
Provision for income taxes | 6,864 |  |  | 1,012 |  |  | 1,289 |  |  | 9,165 |
Net income | $22,245 |  |  | $2,693 |  |  | $4,079 |  |  | $29,017 |
Six Months Ended June 30, 2026 |  |  |  |  |  |  |
(In Thousands) | Community Banking |  | Home Mortgage Lending |  | Specialty Finance |  | Consolidated
Interest income | $81,160 |  |  | $9,125 |  |  | $1,765 |  |  | $92,050 |
Mortgage banking income - external revenue | — |  |  | 13,599 |  |  | — |  |  | 13,599 |
Mortgage banking income - intersegment revenues | — |  |  | 1,878 |  |  | — |  |  | 1,878 |
Purchased receivable income | — |  |  | — |  |  | 12,605 |  |  | 12,605 |
Other operating income | 5,513 |  |  | — |  |  | (101) |  |  | 5,412 |
| 86,673 |  |  | 24,602 |  |  | 14,269 |  |  | 125,544 |
Reconciliation of revenue |  |  |  |  |  |  |
Elimination of intersegment revenues | — |  |  | (1,878) |  |  | — |  |  | (1,878) |
Total consolidated revenues | $86,673 |  |  | $22,724 |  |  | $14,269 |  |  | $123,666 |
Less: |  |  |  |  |  |  |
Interest expense | 16,084 |  |  | 2,855 |  |  | 1,314 |  |  | 20,253 |
Provision for credit losses | 656 |  |  | 841 |  |  | 1,090 |  |  | 2,587 |
Segment gross profit | 69,933 |  |  | 19,028 |  |  | 11,865 |  |  | 100,826 |
Less(1): |  |  |  |  |  |  |
Salaries and other personnel expense | $24,810 |  |  | $11,674 |  |  | $3,806 |  |  | $40,290 |
Data processing expense | 5,813 |  |  | 599 |  |  | 375 |  |  | 6,787 |
Occupancy expense | 2,949 |  |  | 840 |  |  | 140 |  |  | 3,929 |
Professional and outside services | 1,766 |  |  | 511 |  |  | 310 |  |  | 2,587 |
Marketing expense | 1,396 |  |  | 177 |  |  | 14 |  |  | 1,587 |
Insurance expense | 801 |  |  | 35 |  |  | — |  |  | 836 |
Compensation expense - Sallyport acquisition payments | — |  |  | — |  |  | 1,000 |  |  | 1,000 |
Intersegment expense | 1,878 |  |  | — |  |  | — |  |  | 1,878 |
Other segment items(2) | 3,289 |  |  | 1,487 |  |  | 852 |  |  | 5,628 |
Segment expense | 42,702 |  |  | 15,323 |  |  | 6,497 |  |  | 64,522 |
Reconciliation of expense |  |  |  |  |  |  |
Elimination of intersegment expense | ($1,878) |  |  | $— |  |  | $— |  |  | (1,878) |
Total consolidated expense | $40,824 |  |  | $15,323 |  |  | $6,497 |  |  | $62,644 |
Income before provision for income taxes | $29,109 |  |  | $3,705 |  |  | $5,368 |  |  | $38,182 |
1 The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. All expenses are allocated to a segment. 2 Other segment items for each reportable segment include: Community Banking: OREO (income) expense, net of rental income and gains on sale, director fees, operational charge offs net of recoveries, loan collection and collateral costs, and other miscellaneous operating costs related to community banking activities. Home Mortgage Lending: OREO (income) expense, net of rental income and gains on sale related home mortgage loans, director fees related at RML, loan collection and collateral costs related to home mortgage loans, and other miscellaneous operating costs related to home mortgage lending activities. Specialty Finance: miscellaneous operating costs related to specialty finance activities.
| Six Months Ended June 30, 2025
(In Thousands) | Community Banking |  | Home Mortgage Lending |  | Specialty Finance |  | Consolidated
Interest income | $75,542 |  |  | $9,440 |  |  | $1,378 |  |  | $86,360 |
Interest expense | 17,420 |  |  | 2,887 |  |  | 1,164 |  |  | 21,471 |
Net interest income | 58,122 |  |  | 6,553 |  |  | 214 |  |  | 64,889 |
Provision (benefit) for credit losses | (449) |  |  | 332 |  |  | 684 |  |  | 567 |
Net interest income after provision for credit losses | 58,571 |  |  | 6,221 |  |  | (470) |  |  | 64,322 |
Net realized gains on mortgage loans sold | — |  |  | 6,671 |  |  | — |  |  | 6,671 |
Change in fair value of mortgage loan commitments, net | — |  |  | 550 |  |  | — |  |  | 550 |
Total production revenue | — |  |  | 7,221 |  |  | — |  |  | 7,221 |
Mortgage servicing revenue | — |  |  | 5,653 |  |  | — |  |  | 5,653 |
Change in fair value of mortgage servicing rights: |  |  | — |  |  |  |  | — |
Due to changes in model inputs of assumptions | — |  |  | (677) |  |  | — |  |  | (677) |
Other | — |  |  | (996) |  |  | — |  |  | (996) |
Total mortgage servicing revenue, net | — |  |  | 3,980 |  |  | — |  |  | 3,980 |
Other mortgage banking revenue | — |  |  | 450 |  |  | — |  |  | 450 |
Total mortgage banking income | — |  |  | 11,651 |  |  | — |  |  | 11,651 |
Purchased receivable income | — |  |  | — |  |  | 12,047 |  |  | 12,047 |
Other operating income | 5,971 |  |  | — |  |  | 11 |  |  | 5,982 |
Total other operating income | 5,971 |  |  | 11,651 |  |  | 12,058 |  |  | 29,680 |
Salaries and other personnel expense | 24,124 |  |  | 10,451 |  |  | 3,502 |  |  | 38,077 |
Data processing expense | 5,630 |  |  | 533 |  |  | 307 |  |  | 6,470 |
Occupancy expense | 2,858 |  |  | 994 |  |  | 141 |  |  | 3,993 |
Professional and outside services | 1,195 |  |  | 514 |  |  | 519 |  |  | 2,228 |
Marketing expense | 1,412 |  |  | 293 |  |  | 9 |  |  | 1,714 |
Insurance expense | 1,722 |  |  | 44 |  |  | 7 |  |  | 1,773 |
Compensation expense - Sallyport acquisition payments | — |  |  | — |  |  | 1,200 |  |  | 1,200 |
Other operating expense | 3,404 |  |  | 1,254 |  |  | 546 |  |  | 5,204 |
Total other operating expense | 40,345 |  |  | 14,083 |  |  | 6,231 |  |  | 60,659 |
Income before provision for income taxes | 24,197 |  |  | 3,789 |  |  | 5,357 |  |  | 33,343 |
Provision for income taxes | 5,666 |  |  | 1,056 |  |  | 1,519 |  |  | 8,241 |
Net income | $18,531 |  |  | $2,733 |  |  | $3,838 |  |  | $25,102 |
Six Months Ended June 30, 2025 |  |  |  |  |  |  |
(In Thousands) | Community Banking |  | Home Mortgage Lending |  | Specialty Finance |  | Consolidated
Interest income | $75,542 |  |  | $9,440 |  |  | $1,378 |  |  | $86,360 |
Mortgage banking income - external revenue | — |  |  | 11,651 |  |  | — |  |  | 11,651 |
Mortgage banking income - intersegment revenues | — |  |  | 1,356 |  |  | — |  |  | 1,356 |
Purchased receivable income | — |  |  | — |  |  | 12,047 |  |  | 12,047 |
Other operating income | 5,971 |  |  | — |  |  | 11 |  |  | 5,982 |
| 81,513 |  |  | 22,447 |  |  | 13,436 |  |  | 117,396 |
Reconciliation of revenue |  |  |  |  |  |  |
Elimination of intersegment revenues | — |  |  | (1,356) |  |  | — |  |  | (1,356) |
Total consolidated revenues | $81,513 |  |  | $21,091 |  |  | $13,436 |  |  | $116,040 |
Less: |  |  |  |  |  |  |
Interest expense | 17,420 |  |  | 2,887 |  |  | 1,164 |  |  | 21,471 |
Provision (benefit) for credit losses | (449) |  |  | 332 |  |  | 684 |  |  | 567 |
Segment gross profit | 64,542 |  |  | 17,872 |  |  | 11,588 |  |  | 94,002 |
Less(1): |  |  |  |  |  |  |
Salaries and other personnel expense | $24,124 |  |  | $10,451 |  |  | $3,502 |  |  | $38,077 |
Data processing expense | 5,630 |  |  | 533 |  |  | 307 |  |  | 6,470 |
Occupancy expense | 2,858 |  |  | 994 |  |  | 141 |  |  | 3,993 |
Professional and outside services | 1,195 |  |  | 514 |  |  | 519 |  |  | 2,228 |
Marketing expense | 1,412 |  |  | 293 |  |  | 9 |  |  | 1,714 |
Insurance expense | 1,722 |  |  | 44 |  |  | 7 |  |  | 1,773 |
Compensation expense - Sallyport acquisition payments | — |  |  | — |  |  | 1,200 |  |  | 1,200 |
Intersegment expense | 1,356 |  |  | — |  |  | — |  |  | 1,356 |
Other segment items(2) | 3,404 |  |  | 1,254 |  |  | 546 |  |  | 5,204 |
Segment expense | 41,701 |  |  | 14,083 |  |  | 6,231 |  |  | 62,015 |
Reconciliation of expense |  |  |  |  |  |  |
Elimination of intersegment expense | ($1,356) |  |  | $— |  |  | $— |  |  | (1,356) |
Total consolidated expense | $40,345 |  |  | $14,083 |  |  | $6,231 |  |  | $60,659 |
Income before provision for income taxes | $24,197 |  |  | $3,789 |  |  | $5,357 |  |  | $33,343 |
1 The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. All expenses are allocated to a segment. 2 Other segment items for each reportable segment include: Community Banking: OREO (income) expense, net of rental income and gains on sale, director fees, operational charge offs net of recoveries, loan collection and collateral costs, and other miscellaneous operating costs related to community banking activities. Home Mortgage Lending: OREO (income) expense, net of rental income and gains on sale related home mortgage loans, director fees related at RML, loan collection and collateral costs related to home mortgage loans, and other miscellaneous operating costs related to home mortgage lending activities. Specialty Finance: miscellaneous operating costs related to specialty finance activities.
June 30, 2026 |  |  |  |  |  |  |
(In Thousands) | Community Banking |  | Home Mortgage Lending |  | Specialty Finance |  | Consolidated
Total assets | $2,808,516 |  |  | $400,520 |  |  | $206,350 |  |  | $3,415,386 |
Loans held for sale | $— |  |  | $83,272 |  |  | $— |  |  | $83,272 |
Loans | $2,110,524 |  |  | $260,301 |  |  | $15,503 |  |  | $2,386,328 |
Purchased receivables, net | $— |  |  | $— |  |  | $122,792 |  |  | $122,792 |
Goodwill | $7,525 |  |  | $7,492 |  |  | $34,857 |  |  | $49,874 |
December 31, 2025 |  |  |  |  |  |  |
(In Thousands) | Community Banking |  | Home Mortgage Lending |  | Specialty Finance |  | Consolidated
Total assets | $2,724,236 |  |  | $390,242 |  |  | $175,795 |  |  | $3,290,273 |
Loans held for sale | $— |  |  | $100,323 |  |  | $— |  |  | $100,323 |
Loans | $2,034,834 |  |  | $243,167 |  |  | $17,498 |  |  | $2,295,499 |
Purchased receivables, net | $— |  |  | $— |  |  | $101,642 |  |  | $101,642 |
Goodwill | $7,525 |  |  | $7,492 |  |  | $34,857 |  |  | $49,874 |

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