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REPORTABLE SEGMENTS (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Company’s reportable business segments

The following tables present selected financial information for the Company’s reportable business segments for the years ended December 31, 2020, December 31, 2019 and December 31, 2018.

 

REPORTABLE SEGMENTS
Year ended December 31, 2020
(Dollars in thousands)
  Commercial
and Retail
Banking
    Mortgage
Banking
    Investment
advisory and
non-deposit
    Corporate     Eliminations     Consolidated  
                                                 
Dividend and Interest Income   $ 42,024     $ 1,737     $     $ 4,175     $ (4,158 )   $ 43,778  
Interest expense     3,219                   536             3,755  
Net interest income   $ 38,805     $ 1,737     $     $ 3,639     $ (4,158 )   $ 40,023  
Provision for loan losses     3,663                               3,663  
Noninterest income     5,492       5,557       2,720                   13,769  
Noninterest expense     30,113       4,993       1,911       518             37,534  
Net income before taxes   $ 10,521     $ 2,301     $ 809     $ 3,121     $ (4,158 )   $ 12,595  
Income tax expense (benefit)     2,715                   (219 )           2,496  
Net income   $ 7,806     $ 2,301     $ 809     $ 3,340     $ (4,158 )   $ 10,099  
                                                 
Year ended December 31, 2019
(Dollars in thousands)
  Commercial
and Retail
Banking
    Mortgage
Banking
    Investment
advisory and
non-deposit
    Corporate     Eliminations     Consolidated  
Dividend and Interest Income   $ 41,545     $ 1,061     $     $ 7,081     $ (7,057 )   $ 42,630  
Interest expense     5,021                   760             5,781  
Net interest income   $ 36,524     $ 1,061     $     $ 6,321     $ (7,057 )   $ 36,849  
Provision for loan losses     139                               139  
Noninterest income     5,160       4,555       2,021                   11,736  
Noninterest expense     28,732       3,771       1,733       381             34,617  
Net income before taxes   $ 12,813     $ 1,845     $ 288     $ 5,940     $ (7,057 )   $ 13,829  
Income tax expense (benefit)     3,114                   (256 )           2,858  
Net income   $ 9,699     $ 1,845     $ 288     $ 6,196     $ (7,057 )   $ 10,971