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Reportable Segments (Tables) | 12 Months Ended
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Dec. 31, 2020
Segment Reporting [Abstract] |
Schedule of financial information for each reportable segment | 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 Operations. The following schedule presents financial information for each reportable segment. 107 Table of Contents
|  | Year ended December 31, 2020
(dollars in thousands) |  | Commercial and Retail Banking |  |  | Mortgage Banking |  |  | Corporate Operations |  |  | Eliminations |  |  | Consolidated
Interest income |  | $ | 93,640 |  |  |  | 1,178 |  |  |  | 17 |  |  |  | (17 | ) |  |  | 94,818
Interest expense |  |  | 13,317 |  |  |  | - |  |  |  | 1,708 |  |  |  | (17 | ) |  |  | 15,008
Net interest income (loss) |  |  | 80,323 |  |  |  | 1,178 |  |  |  | (1,691 | ) |  |  | - |  |  |  | 79,810
Provision for loan losses |  |  | 29,600 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 29,600
Noninterest income |  |  | 7,568 |  |  |  | 19,785 |  |  |  | - |  |  |  | - |  |  |  | 27,353
Noninterest expense |  |  | 43,563 |  |  |  | 9,898 |  |  |  | 283 |  |  |  | - |  |  |  | 53,744
Net income (loss) before taxes |  |  | 14,728 |  |  |  | 11,065 |  |  |  | (1,974 | ) |  |  | - |  |  |  | 23,819
Income tax provision (benefit) |  |  | 3,582 |  |  |  | 2,324 |  |  |  | (415 | ) |  |  | - |  |  |  | 5,491
Net income (loss) |  | $ | 11,146 |  |  |  | 8,741 |  |  |  | (1,559 | ) |  |  | - |  |  |  | 18,328
Total assets |  | $ | 2,419,245 |  |  |  | 62,910 |  |  |  | 264,566 |  |  |  | (264,134 | ) |  |  | 2,482,587
|  | Year ended December 31, 2019
|  | Commercial and Retail Banking |  |  | Mortgage Banking |  |  | Corporate Operations |  |  | Eliminations |  |  | Consolidated
Interest income |  | $ | 91,923 |  |  |  | 729 |  |  |  | 13 |  |  |  | (13 | ) |  |  | 92,652
Interest expense |  |  | 24,467 |  |  |  | - |  |  |  | 929 |  |  |  | (13 | ) |  |  | 25,383
Net interest income (loss) |  |  | 67,456 |  |  |  | 729 |  |  |  | (916 | ) |  |  | - |  |  |  | 67,269
Provision for loan losses |  |  | 2,300 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 2,300
Noninterest income |  |  | 5,060 |  |  |  | 9,923 |  |  |  | - |  |  |  | - |  |  |  | 14,983
Noninterest expense |  |  | 37,797 |  |  |  | 6,436 |  |  |  | 240 |  |  |  | - |  |  |  | 44,473
Net income (loss) before taxes |  |  | 32,419 |  |  |  | 4,216 |  |  |  | (1,156 | ) |  |  | - |  |  |  | 35,479
Income tax expense (benefit) |  |  | 6,979 |  |  |  | 885 |  |  |  | (243 | ) |  |  | - |  |  |  | 7,621
Net income (loss) |  | $ | 25,440 |  |  |  | 3,331 |  |  |  | (913 | ) |  |  | - |  |  |  | 27,858
Total assets |  | $ | 2,239,430 |  |  |  | 27,356 |  |  |  | 242,069 |  |  |  | (241,660 | ) |  |  | 2,267,195

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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