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Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following tables present information reported internally for performance assessment for the three and six months ended June 30, 2024

and 2023:

(dollars in thousands)						Bank						Mortgage Banking						Small Business Specialty Lending Division						Totals
Six Months Ended June 30, 2024
Net Interest Income						$	34,769					$	90					$	2,204					$	37,063
Provision for Credit Losses						551						—						1,099						1,650
Noninterest Income						10,766						2,621						5,597						18,984
Noninterest Expenses						34,264						2,544						3,919						40,727
Income Taxes						2,226						43						594						2,863
Segment Profit						$	8,494					$	124					$	2,189					$	10,807
Segments Assets at June 30, 2024						$	2,889,013					$	19,004					$	99,890					$	3,007,907
Full time employees at June 30, 2024						385						42						33						460

(dollars in thousands)						Bank						Mortgage Banking						Small Business Specialty Lending Division						Totals
Six Months Ended June 30, 2023
Net Interest Income						$	38,700					$	34					$	1,015					$	39,749
Provision for Credit Losses						960						—						140						1,100
Noninterest Income						10,351						3,292						2,968						16,611
Noninterest Expenses						35,462						3,683						3,452						42,597
Income Taxes						2,312						(72)						78						2,318
Segment Profit						$	10,317					$	(285)					$	313					$	10,345
Segments Assets at December 31, 2023						$	2,956,121					$	7,890					$	89,411					$	3,053,422
Full time employees at June 30, 2023						383						51						32						466

(dollars in thousands)						Bank						Mortgage Banking						Small Business Specialty Lending Division						Totals
Three Months Ended June 30, 2024
Net Interest Income						$	17,217					$	50					$	1,142					$	18,409
Provision for Credit Losses						96						—						554						650
Noninterest Income						5,086						1,456						2,955						9,497
Noninterest Expenses						17,135						1,326						1,869						20,330
Income Taxes						1,060						42						350						1,452
Segment Profit						$	4,012					$	138					$	1,324					$	5,474

(dollars in thousands)						Bank						Mortgage Banking						Small Business Specialty Lending Division						Totals
Three Months Ended June 30, 2023
Net Interest Income						$	18,562					$	31					$	588					$	19,181
Provision for Credit Losses						60						—						140						200
Noninterest Income						5,433						2,015						1,504						8,952
Noninterest Expenses						17,650						1,971						1,811						21,432
Income Taxes						1,157						14						28						1,199
Segment Profit						$	5,128					$	61					$	113					$	5,302

X

- 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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

+ Details

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