XML 43 R32.htm IDEA: XBRL DOCUMENT
v3.22.2

SEGMENT REPORTING (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Segment Reporting [Abstract] |
Schedule of Summarized Financial Information Showing Reconciliation of Segment Net Income Loss and Assets to Consolidated Results | The Holding Company, CFS, and CRM columns below includes amounts to eliminate transactions between segments (in thousands).
|  | Three months ended June 30, 2022
|  | Core Banking |  | WMG |  | Holding Company, CFS, and CRM |  | Consolidated Totals
Interest and dividend income |  | $ | 18,531 |  |  | $ | — |  |  | $ | 7 |  |  | $ | 18,538 |
Interest expense |  | 897 |  |  | — |  |  | — |  |  | 897 |
Net interest income |  | 17,634 |  |  | — |  |  | 7 |  |  | 17,641 |
Provision for loan losses |  | (1,744) |  |  | — |  |  | — |  |  | (1,744) |
Net interest income after provision for loan losses |  | 19,378 |  |  | — |  |  | 7 |  |  | 19,385 |
Other non-interest income |  | 2,442 |  |  | 2,628 |  |  | 249 |  |  | 5,319 |
Other non-interest expenses |  | 12,226 |  |  | 1,650 |  |  | 466 |  |  | 14,342 |
Income (loss) before income tax expense (benefit) |  | 9,594 |  |  | 978 |  |  | (210) |  |  | 10,362 |
Income tax expense (benefit) |  | 2,167 |  |  | 229 |  |  | (58) |  |  | 2,338 |
Segment net income (loss) |  | $ | 7,427 |  |  | $ | 749 |  |  | $ | (152) |  |  | $ | 8,024 |
|  | Three months ended June 30, 2021
|  | Core Banking |  | WMG |  | Holding Company, CFS, and CRM |  | Consolidated Totals
Interest and dividend income |  | $ | 16,936 |  |  | $ | — |  |  | $ | 9 |  |  | $ | 16,945 |
Interest expense |  | 866 |  |  | — |  |  | — |  |  | 866 |
Net interest income |  | 16,070 |  |  | — |  |  | 9 |  |  | 16,079 |
Provision for loan losses |  | (150) |  |  | — |  |  | — |  |  | (150) |
Net interest income after provision for loan losses |  | 16,220 |  |  | — |  |  | 9 |  |  | 16,229 |
Other non-interest income |  | 3,459 |  |  | 2,803 |  |  | 230 |  |  | 6,492 |
Legal accruals and settlements |  | — |  |  | — |  |  | (269) |  |  | (269) |
Other non-interest expenses |  | 11,844 |  |  | 1,619 |  |  | 657 |  |  | 14,120 |
Income (loss) before income tax expense (benefit) |  | 7,835 |  |  | 1,184 |  |  | (149) |  |  | 8,870 |
Income tax expense (benefit) |  | 1,802 |  |  | 316 |  |  | (43) |  |  | 2,075 |
Segment net income (loss) |  | $ | 6,033 |  |  | $ | 868 |  |  | $ | (106) |  |  | $ | 6,795 |
|  | Six Months Ended June 30, 2022
|  | Core Banking |  | WMG |  | Holding Company, CFS, and CRM |  | Consolidated Totals
Interest and dividend income |  | $ | 35,982 |  |  | $ | — |  |  | $ | 14 |  |  | $ | 35,996 |
Interest expense |  | 1,678 |  |  | — |  |  | — |  |  | 1,678 |
Net interest income |  | 34,304 |  |  | — |  |  | 14 |  |  | 34,318 |
Provision for loan losses |  | (2,889) |  |  | — |  |  | — |  |  | (2,889) |
Net interest income after provision for loan losses |  | 37,193 |  |  | — |  |  | 14 |  |  | 37,207 |
Other non-interest income |  | 5,135 |  |  | 5,385 |  |  | 462 |  |  | 10,982 |
Other non-interest expenses |  | 24,757 |  |  | 3,465 |  |  | 788 |  |  | 29,010 |
Income (loss) before income tax expense (benefit) |  | 17,571 |  |  | 1,920 |  |  | (312) |  |  | 19,179 |
Income tax expense (benefit) |  | 3,933 |  |  | 438 |  |  | (83) |  |  | 4,288 |
Segment net income (loss) |  | $ | 13,638 |  |  | $ | 1,482 |  |  | $ | (229) |  |  | $ | 14,891 |
Segment assets |  | $ | 2,441,375 |  |  | $ | 2,723 |  |  | $ | 5,813 |  |  | $ | 2,449,911 |
|  | Six Months Ended June 30, 2021
|  | Core Banking |  | WMG |  | Holding Company, CFS, and CRM |  | Consolidated Totals
Interest and dividend income |  | $ | 33,671 |  |  | $ | — |  |  | $ | 14 |  |  | $ | 33,685 |
Interest expense |  | 1,820 |  |  | — |  |  | — |  |  | 1,820 |
Net interest income |  | 31,851 |  |  | — |  |  | 14 |  |  | 31,865 |
Provision for loan losses |  | (409) |  |  | — |  |  | — |  |  | (409) |
Net interest income after provision for loan losses |  | 32,260 |  |  | — |  |  | 14 |  |  | 32,274 |
Other non-interest income |  | 6,150 |  |  | 5,481 |  |  | 482 |  |  | 12,113 |
Other non-interest expenses |  | 23,277 |  |  | 3,270 |  |  | 657 |  |  | 27,204 |
Income (loss) before income tax expense (benefit) |  | 15,133 |  |  | 2,211 |  |  | (161) |  |  | 17,183 |
Income tax expense (benefit) |  | 3,331 |  |  | 579 |  |  | (52) |  |  | 3,858 |
Segment net income (loss) |  | $ | 11,802 |  |  | $ | 1,632 |  |  | $ | (109) |  |  | $ | 13,325 |
Segment assets |  | $ | 2,369,856 |  |  | $ | 3,201 |  |  | $ | 7,655 |  |  | $ | 2,380,712 |

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 -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + 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