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Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Company’s Reportable Segment

The following tables present selected financial information for the Company’s reportable business segments for the three months ended March 31, 2022 and March 31, 2021.

Schedule of Company’s Reportable Segment

Three months ended March 31, 2022		Commercial								Investment
(Dollars in thousands)		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Dividend and Interest Income		$	10,990			$	202			$	—			$	1,084			$	(1,081	)		$	11,195
Interest expense			358				—				—				104				—				462
Net interest income		$	10,632			$	202			$	—			$	980			$	(1,081	)		$	10,733
Provision for (release of) loan losses			(125	)			—				—				—				—				(125	)
Noninterest income			1,337				839				1,198				—				—				3,374
Noninterest expense			7,991				1,016				763				184				—				9,954
Net income before taxes		$	4,103			$	25			$	435			$	796			$	(1,081	)		$	4,278
Income tax provision (benefit)			849				—				—				(60	)			—				789
Net income		$	3,254			$	25			$	435			$	856			$	(1,081	)		$	3,489
Three months ended March 31, 2021		Commercial								Investment
(Dollars in thousands)		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Dividend and Interest Income		$	10,861			$	353			$	—			$	1,007			$	(1,003	)		$	11,218
Interest expense			546				—				—				105				—				651
Net interest income		$	10,315			$	353			$	—			$	902			$	(1,003	)		$	10,567
Provision for loan losses			177				—				—				—				—				177
Noninterest income			1,429				990				877				—				—				3,296
Noninterest expense			7,624				1,175				584				157				—				9,540
Net income before taxes		$	3,943			$	168			$	293			$	745			$	(1,003	)		$	4,146
Income tax provision (benefit)			934				—				—				(43	)			—				891
Net income		$	3,009			$	168			$	293			$	788			$	(1,003	)		$	3,255

		Commercial								Investment
(Dollars in thousands)		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Total Assets as of March 31, 2022		$	1,631,193			$	20,300			$	2			$	152,973			$	(152,189	)		$	1,652,279
Total Assets as of December 31, 2021		$	1,566,949			$	16,798			$	2			$	152,928			$	(152,169	)		$	1,584,508
		Commercial								Investment
(Dollars in thousands)		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Total Assets as of March 31, 2021		$	1,456,436			$	35,340			$	2			$	140,238			$	(139,522	)		$	1,492,494
Total Assets as of December 31, 2020		$	1,335,320			$	59,372			$	2			$	140,256			$	(139,568	)		$	1,395,382

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Three months ended March 31, 2022		Commercial								Investment
(Dollars in thousands)		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Dividend and Interest Income		$	10,990			$	202			$	—			$	1,084			$	(1,081	)		$	11,195
Interest expense			358				—				—				104				—				462
Net interest income		$	10,632			$	202			$	—			$	980			$	(1,081	)		$	10,733
Provision for (release of) loan losses			(125	)			—				—				—				—				(125	)
Noninterest income			1,337				839				1,198				—				—				3,374
Noninterest expense			7,991				1,016				763				184				—				9,954
Net income before taxes		$	4,103			$	25			$	435			$	796			$	(1,081	)		$	4,278
Income tax provision (benefit)			849				—				—				(60	)			—				789
Net income		$	3,254			$	25			$	435			$	856			$	(1,081	)		$	3,489
Three months ended March 31, 2021		Commercial								Investment
(Dollars in thousands)		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Dividend and Interest Income		$	10,861			$	353			$	—			$	1,007			$	(1,003	)		$	11,218
Interest expense			546				—				—				105				—				651
Net interest income		$	10,315			$	353			$	—			$	902			$	(1,003	)		$	10,567
Provision for loan losses			177				—				—				—				—				177
Noninterest income			1,429				990				877				—				—				3,296
Noninterest expense			7,624				1,175				584				157				—				9,540
Net income before taxes		$	3,943			$	168			$	293			$	745			$	(1,003	)		$	4,146
Income tax provision (benefit)			934				—				—				(43	)			—				891
Net income		$	3,009			$	168			$	293			$	788			$	(1,003	)		$	3,255

		Commercial								Investment
(Dollars in thousands)		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Total Assets as of March 31, 2022		$	1,631,193			$	20,300			$	2			$	152,973			$	(152,189	)		$	1,652,279
Total Assets as of December 31, 2021		$	1,566,949			$	16,798			$	2			$	152,928			$	(152,169	)		$	1,584,508
		Commercial								Investment
(Dollars in thousands)		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Total Assets as of March 31, 2021		$	1,456,436			$	35,340			$	2			$	140,238			$	(139,522	)		$	1,492,494
Total Assets as of December 31, 2020		$	1,335,320			$	59,372			$	2			$	140,256			$	(139,568	)		$	1,395,382

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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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