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Reportable Segments
3 Months Ended
Mar. 31, 2017
Reportable Segments [Abstract]  
Reportable Segments

NOTE 9 – Reportable Segments

The Company’s reportable segments represent the distinct product lines the Company offers and are viewed separately for strategic planning purposes by management. The three segments include Commercial and Retail Banking, Mortgage Banking, and Corporate. The following schedule presents financial information for each reportable segment.

 
Three months ended March 31, 2017
Commercial
and RetailMortgage
(dollars in thousands)Banking     Banking     Corporate      Eliminations     Consolidated
Interest income     $13,893662(2)13,959
Interest expense2,223-131(2)2,352
Net interest income (loss)11,67066(129)-11,607
Provision for loan losses500---500
Noninterest income9941,057--2,051
Noninterest expense7,44684866-8,360
Net income (loss) before taxes4,718275(195)-4,798
Income tax (provision) benefit(1,653)(102)69-(1,686)
Net income (loss)$3,065173(126)-3,112
Total assets$     1,459,6957,808136,996(136,561)1,467,938

Commercial and retail banking. The Company’s primary business is to provide traditional deposit and lending products and services to its commercial and retail banking clients.

Mortgage banking. The mortgage banking segment provides mortgage loan origination services for loans that will be sold in the secondary market to investors.

Corporate. Corporate is comprised primarily of compensation and benefits for certain members of management and interest on parent company debt.