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SEGMENT REPORTING
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
The Corporation manages its operations through two primary business segments: core banking and WMG. The core banking segment provides revenues by attracting deposits from the general public and using such funds to originate consumer, commercial, commercial real estate, and residential mortgage loans, primarily in the Corporation’s local markets, and to invest in securities. The WMG services segment provides revenues by providing trust and investment advisory services to clients.
The Corporation's reportable segments are determined by the Executive Management Team (EMT), who collectively are designated Chief Operating Decision Maker (CODM). The CODM evaluates the financial performance of each business segment, which is based upon the business segment's net income. Components of net income for the business segments that are reviewed by the CODM include net interest income, provision for credit losses, non-interest income, non-interest expense and income tax expense. The CODM, in conjunction with management committees (such as ALCO and Corporate loan committees) evaluates financial performance to make decisions related to the products and services that are offered, pricing, and the allocation of resources for each business segment.

Accounting policies for the segments are the same as those described in Note 1 of the Corporation’s 2024 Annual Report on Form 10-K, which was filed with the SEC on March 14, 2025. Summarized financial information concerning the Corporation’s reportable segments and the reconciliation to the Corporation’s consolidated results are shown in the following table. Income taxes are allocated based on the separate taxable income of each entity and indirect overhead expenses are allocated based on reasonable and equitable allocations applicable to the reportable segment.

The Holding Company and CFS columns below includes income and expenses related to insurance products, mutual funds, and brokerage services (in thousands).
 Three Months Ended March 31, 2025
 Core BankingWMGHolding Company and CFSInter-Segment EliminationsConsolidated Totals
Interest and dividend income$31,698 $— $1 $(1)$31,698 
Interest expense11,882 — — (1)11,881 
Net interest income19,816 — 1 — 19,817 
Provision for credit losses1,092 — — — 1,092 
Net interest income after provision for credit losses18,724 — 1 — 18,725 
Non-interest income2,816 2,867 209 (3)5,889 
Non-interest expenses:
  Legal settlements— — — — — 
  Compensation expense7,349 1,413 256 — 9,018 
  Net occupancy expense1,470 63 3 (3)1,533 
  Furniture and equipment expense351 19 3 — 373 
  Data processing & software expense2,210 313 11 — 2,534 
  Other non-interest expenses3,274 106 89 — 3,469 
Total non-interest expense14,654 1,914 362 (3)16,927 
Income before income tax expense (benefit)6,886 953 (152)— 7,687 
Income tax expense (benefit)1,505 208 (49)— 1,664 
Segment net income$5,381 $745 $(103)$— $6,023 
Supplemental Information:
Total assets as of March 31, 2025
$2,766,339 $3,005 $228,017 $(200,636)$2,796,725 
Capital expenditures$328 $— $— $— $328 
Depreciation expense1
$452 $15 $— $— $467 
1 Included in net occupancy and furniture and equipment expense in the table above.
 Three Months Ended March 31, 2024
 Core BankingWMGHolding Company, and CFSInter-Segment EliminationsConsolidated Totals
Interest and dividend income$31,211 $— $10 $(2)$31,219 
Interest expense13,132 — — (2)13,130 
Net interest income18,079 — 10 — 18,089 
Provision for credit losses(2,040)— — — (2,040)
Net interest income after provision for credit losses20,119 — 10 — 20,129 
Non-interest income2,744 2,703 212 (2)5,657 
Non-interest expenses:
  Legal settlements— — — — — 
  Compensation expense7,256 1,437 173 — 8,866 
  Net occupancy expense 1,430 63 2 (2)1,493 
  Furniture and equipment expense376 19 3 — 398 
  Data processing & software expense2,292 275 6 — 2,573 
  Other non-interest expenses3,185 101 82 — 3,368 
Total non-interest expense14,539 1,895 266 (2)16,698 
Income before income tax expense (benefit)8,324 808 (44)— 9,088 
Income tax expense (benefit)1,871 182 (15)— 2,038 
Segment net income$6,453 $626 $(29)$— $7,050 
Supplemental Information:
Total assets as of March 31, 2024
$2,773,541 $3,152 $198,427 $(190,230)$2,784,890 
Capital expenditures$81 $— $— $— $81 
Depreciation expense1
$451 $14 $— $— $465 
1 Included in net occupancy and furniture and equipment expense in the table above.