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Reportable Segments
 3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Reportable Segments

NOTE 10 – 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, 2020		 Three months ended
March 31, 2019
(dollars in thousands)    Commercial
and Retail
Banking		    Mortgage
Banking		    Corporate    Elimin-
ations		    Consol-
idated		    Commercial
and Retail
Banking		     Mortgage
Banking		    Corporate     Elimin-
ation		    Consol-
idated
Interest income $ 23,670 196 4 (4) 23,866 $ 21,519 93 3 (3) 21,612
Interest expense 5,333 - 439 (4) 5,768 5,631 - 166 (3) 5,794
Net interest income (loss) 18,337 196 (435) - 18,098 15,888 93 (163 ) - 15,818
Provision for loan losses 6,000 - - - 6,000 300 - - - 300
Noninterest income 1,248 2,668 - - 3,916 1,137 1,857 - - 2,994
Noninterest expense 10,499 1,807 66 - 12,372 9,465 1,123 60 - 10,648
Net income (loss) before taxes 3,086 1,057 (501) - 3,642 7,260 827 (223 ) - 7,864
Income tax provision (benefit) 693 222 (105) - 810 1,728 174 (47 ) - 1,855
Net income (loss) $ 2,393 835 (396) - 2,832 $ 5,532 653 (176 ) - 6,009
Total assets $ 2,335,160 36,577 246,424 (245,912)   2,372,249 $ 2,002,957 11,003 194,671 (194,205 ) 2,014,426

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.