XML 42 R32.htm IDEA: XBRL DOCUMENT v3.24.3

Segment Information (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following tables present information reported internally for performance assessment for the three and nine months ended September 30, 2024 and 2023:

(dollars in thousands)						Bank						Mortgage Banking						Small Business Specialty Lending Division						Totals
Three Months Ended September 30, 2024
Net Interest Income						$	17,152					$	67					$	1,322					$	18,541
Provision for Credit Losses						698						—						52						750
Noninterest Income						5,494						1,812						2,776						10,082
Noninterest Expenses						17,075						1,533						2,227						20,835
Income Taxes						1,017						71						321						1,409
Segment Profit						$	3,856					$	275					$	1,498					$	5,629

(dollars in thousands)						Bank						Mortgage Banking						Small Business Specialty Lending Division						Totals
Three Months Ended September 30, 2023
Net Interest Income						$	18,778					$	52					$	791					$	19,621
Provision for Credit Losses						286						—						714						1,000
Noninterest Income						6,233						1,725						1,760						9,718
Noninterest Expenses						16,653						2,040						2,188						20,881
Income Taxes						1,777						(53)						(70)						1,654
Segment Profit						$	6,295					$	(210)					$	(281)					$	5,804

(dollars in thousands)						Bank						Mortgage Banking						Small Business Specialty Lending Division						Totals
Nine Months Ended September 30, 2024
Net Interest Income						$	51,921					$	157					$	3,526					$	55,604
Provision for Credit Losses						1,249						—						1,151						2,400
Noninterest Income						16,260						4,433						8,373						29,066
Noninterest Expenses						51,339						4,077						6,146						61,562
Income Taxes						3,243						114						915						4,272
Segment Profit						$	12,350					$	399					$	3,687					$	16,436
Segments Assets at September 30, 2024						$	2,955,145					$	9,300					$	100,658					$	3,065,103
Full time employees at September 30, 2024						375						44						33						452

(dollars in thousands)						Bank						Mortgage Banking						Small Business Specialty Lending Division						Totals
Nine Months Ended September 30, 2023
Net Interest Income						$	57,478					$	86					$	1,806					$	59,370
Provision for Credit Losses						1,246						—						854						2,100
Noninterest Income						16,584						5,017						4,728						26,329
Noninterest Expenses						52,115						5,723						5,640						63,478
Income Taxes						4,089						(125)						8						3,972
Segment Profit						$	16,612					$	(495)					$	32					$	16,149
Segments Assets at December 31, 2023						$	2,956,121					$	7,890					$	89,411					$	3,053,422
Full time employees at September 30, 2023						382						45						33						460

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

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration