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Segment Information | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Segment Information | Segment Information ASC Topic 820 - Segment Reporting identifies operating segments as components of an enterprise which are evaluated regularly by the Company's Chief Operating Decision Maker, our Chief Executive Officer, in deciding how to allocate resources and assess performance. The Company has applied the aggregation criterion set forth in this codification to the results of its operations. The Company’s operating segments include banking, mortgage banking and small business specialty lending division. The reportable segments are determined by the products and services offered, and internal reporting. The Bank segment derives its revenues from the delivery of full-service financial services, including retail and commercial banking services and deposit accounts. The Mortgage Banking segment derives its revenues from the origination and sales of residential mortgage loans held for sale. The Small Business Specialty Lending Division segment derives its revenue from the origination, sales and servicing of Small Business Administration loans and other government guaranteed loans. Segment performance is evaluated using net interest income and noninterest income. Income taxes are assessed based on income before income taxes, and indirect expenses (including management fees) are allocated based on various internal factors for each segment. Transactions among segments are made at fair value. The following tables present information reported internally for performance assessment for the three and nine months ended September 30, 2025 and 2024:
(dollars in thousands) |  | Bank |  | Mortgage Banking |  | Small Business Specialty Lending Division |  | Totals
Three Months Ended September 30, 2025 |  |  |  |  |  |  |  |
Net Interest Income |  | $ | 21,629 |  |  | $ | 62 |  |  | $ | 1,008 |  |  | $ | 22,699 |
Provision for Credit Losses |  | (371) |  |  | — |  |  | 1,271 |  |  | 900 |
Net Interest Income after Provision for Credit Losses |  | 22,000 |  |  | 62 |  |  | (263) |  |  | 21,799 |
Mortgage Fee Income |  | — |  |  | 1,851 |  |  | — |  |  | 1,851 |
Gain on Sale of SBA Loans |  | — |  |  | — |  |  | 1,411 |  |  | 1,411 |
Other |  | 6,144 |  | (1) | — |  |  | 685 |  | (2) | 6,829 |
Total Noninterest Income |  | 6,144 |  |  | 1,851 |  |  | 2,096 |  |  | 10,091 |
Salaries and Employee Benefits |  | 10,163 |  |  | 1,950 |  |  | 1,419 |  |  | 13,532 |
Other (3) |  | 10,912 |  |  | 116 |  |  | 52 |  |  | 11,080 |
Total Noninterest Expense |  | 21,075 |  |  | 2,066 |  |  | 1,471 |  |  | 24,612 |
Income Taxes |  | 1,413 |  |  | (27) |  |  | 73 |  |  | 1,459 |
Segment Profit |  | $ | 5,656 |  |  | $ | (126) |  |  | $ | 289 |  |  | $ | 5,819 |
(1) Includes service charges on deposits, interchange fees, BOLI income, insurance commissions and other noninterest income.
(2) Represents SBA loan related fee income.
(3) Includes occupancy and equipment, acquisition related expenses, information technology expenses, professional fees, advertising and public relations, communications and other noninterest expenses.
(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 |
Net Interest Income after Provision for Credit Losses |  | 16,454 |  |  | 67 |  |  | 1,270 |  |  | 17,791 |
Mortgage Fee Income |  | — |  |  | 1,812 |  |  | — |  |  | 1,812 |
Gain on Sale of SBA Loans |  | — |  |  | — |  |  | 2,227 |  |  | 2,227 |
Other |  | 5,494 |  | (1) | — |  |  | 549 |  | (2) | 6,043 |
Total Noninterest Income |  | 5,494 |  |  | 1,812 |  |  | 2,776 |  |  | 10,082 |
Salaries and Employee Benefits |  | 9,161 |  |  | 1,657 |  |  | 1,776 |  |  | 12,594 |
Other (3) |  | 7,914 |  |  | (124) |  |  | 451 |  |  | 8,241 |
Total Noninterest Expense |  | 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 |
(1) Includes service charges on deposits, loss on sales of securities, interchange fees, BOLI income, insurance commissions and other noninterest income.
(2) Represents SBA loan related fee income.
(3) Includes occupancy and equipment, information technology expense, professional fees, advertising and public relations, communications and other noninterest expenses.
(dollars in thousands) |  | Bank |  | Mortgage Banking |  | Small Business Specialty Lending Division |  | Totals
Nine Months Ended September 30, 2025 |  |  |  |  |  |  |  |
Net Interest Income |  | $ | 62,937 |  |  | $ | 159 |  |  | $ | 2,940 |  |  | $ | 66,036 |
Provision for Credit Losses |  | 520 |  |  | — |  |  | 2,330 |  |  | 2,850 |
Net Interest Income after Provision for Credit Losses |  | 62,417 |  |  | 159 |  |  | 610 |  |  | 63,186 |
Mortgage Fee Income |  | — |  |  | 5,414 |  |  | — |  |  | 5,414 |
Gain on Sale of SBA Loans |  | — |  |  | — |  |  | 3,996 |  |  | 3,996 |
Other |  | 17,887 |  | (1) | — |  |  | 1,936 |  | (2) | 19,823 |
Total Noninterest Income |  | 17,887 |  |  | 5,414 |  |  | 5,932 |  |  | 29,233 |
Salaries and Employee Benefits |  | 28,670 |  |  | 5,168 |  |  | 4,464 |  |  | 38,302 |
Other (3) |  | 27,464 |  |  | 209 |  |  | 862 |  |  | 28,535 |
Total Noninterest Expense |  | 56,134 |  |  | 5,377 |  |  | 5,326 |  |  | 66,837 |
Income Taxes |  | 4,872 |  |  | 52 |  |  | 248 |  |  | 5,172 |
Segment Profit |  | $ | 19,298 |  |  | $ | 144 |  |  | $ | 968 |  |  | $ | 20,410 |
Segments Assets at September 30, 2025 |  | $ | 3,046,699 |  |  | $ | 12,959 |  |  | $ | 93,088 |  |  | $ | 3,152,746 |
Full time employees September 30, 2025 |  | 383 |  | 46 |  | 31 |  | 460
(1) Includes service charges on deposits, interchange fees, BOLI income, insurance commissions and other noninterest income.
(2) Represents SBA loan related fee income.
(3) Includes occupancy and equipment, acquisition related expenses, information technology expenses, professional fees, advertising and public relations, communications and other noninterest expenses.
(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 |
Net Interest Income after Provision for Credit Losses |  | 50,672 |  |  | 157 |  |  | 2,375 |  |  | 53,204 |
Mortgage Fee Income |  | 70 |  |  | 4,433 |  |  | — |  |  | 4,503 |
Gain on Sale of SBA Loans |  | — |  |  | — |  |  | 6,620 |  |  | 6,620 |
Other |  | 16,190 |  | (1) | — |  |  | 1,753 |  | (2) | 17,943 |
Total Noninterest Income |  | 16,260 |  |  | 4,433 |  |  | 8,373 |  |  | 29,066 |
Salaries and Employee Benefits |  | 27,491 |  |  | 4,291 |  |  | 5,108 |  |  | 36,890 |
Other (3) |  | 23,848 |  |  | (214) |  |  | 1,038 |  |  | 24,672 |
Total Noninterest Expense |  | 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 December 31, 2024 |  | $ | 2,985,856 |  |  | $ | 17,970 |  |  | $ | 105,956 |  |  | $ | 3,109,782 |
Full time employees September 30, 2024 |  | 375 |  | 44 |  | 33 |  | 452
(1) Includes service charges on deposits, loss on sales of securities, interchange fees, BOLI income, insurance commissions and other noninterest income.
(2) Represents SBA loan related fee income.
(3) Includes occupancy and equipment, information technology expense, professional fees, advertising and public relations, communications and other noninterest expenses.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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