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SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 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 September 30, 2022
						Core Banking						WMG						Holding Company, CFS, and CRM						Consolidated Totals
Interest and dividend income						$	20,983					$	—					$	16					$	20,999
Interest expense						2,009						—						—						2,009
Net interest income						18,974						—						16						18,990
Provision for loan losses						1,255						—						—						1,255
Net interest income after provision for loan losses						17,719						—						16						17,735
Other non-interest income						2,417						2,403						216						5,036
Other non-interest expenses						12,559						1,715						303						14,577
Income (loss) before income tax expense (benefit)						7,577						688						(71)						8,194
Income tax expense (benefit)						1,590						167						(16)						1,741
Segment net income (loss)						$	5,987					$	521					$	(55)					$	6,453

						Three months ended September 30, 2021
						Core Banking						WMG						Holding Company, CFS, and CRM						Consolidated Totals
Interest and dividend income						$	17,627					$	—					$	6					$	17,633
Interest expense						801						—						—						801
Net interest income						16,826						—						6						16,832
Provision for loan losses						356						—						—						356
Net interest income after provision for loan losses						16,470						—						6						16,476
Other non-interest income						2,837						2,765						368						5,970
Legal accruals and settlements						—						—						—						—
Other non-interest expenses						12,124						1,651						325						14,100
Income (loss) before income tax expense (benefit)						7,183						1,114						49						8,346
Income tax expense (benefit)						1,534						156						10						1,700
Segment net income (loss)						$	5,649					$	958					$	39					$	6,646

						Nine Months Ended September 30, 2022
						Core Banking						WMG						Holding Company, CFS, and CRM						Consolidated Totals
Interest and dividend income						$	56,965					$	—					$	30					$	56,995
Interest expense						3,687						—						—						3,687
Net interest income						53,278						—						30						53,308
Provision for loan losses						(1,634)						—						—						(1,634)
Net interest income after provision for loan losses						54,912						—						30						54,942
Other non-interest income						7,552						7,788						678						16,018
Other non-interest expenses						37,316						5,180						1,091						43,587
Income (loss) before income tax expense (benefit)						25,148						2,608						(383)						27,373
Income tax expense (benefit)						5,523						605						(99)						6,029
Segment net income (loss)						$	19,625					$	2,003					$	(284)					$	21,344
Segment assets						$	2,544,528					$	2,804					$	4,090					$	2,551,422

						Nine Months Ended September 30, 2021
						Core Banking						WMG						Holding Company, CFS, and CRM						Consolidated Totals
Interest and dividend income						$	51,298					$	—					$	20					$	51,318
Interest expense						2,621						—						—						2,621
Net interest income						48,677						—						20						48,697
Provision for loan losses						(53)						—						—						(53)
Net interest income after provision for loan losses						48,730						—						20						48,750
Other non-interest income						8,987						8,246						850						18,083
Other non-interest expenses						35,401						4,921						982						41,304
Income (loss) before income tax expense (benefit)						22,316						3,325						(112)						25,529
Income tax expense (benefit)						4,865						735						(42)						5,558
Segment net income (loss)						$	17,451					$	2,590					$	(70)					$	19,971
Segment assets						$	2,408,318					$	3,126					$	6,122					$	2,417,566

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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 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

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- References

No definition available.

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