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Reportable Segments (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2022 and June 30, 2021.

Schedule of Company’s Reportable Segment

(Dollars in thousands)		Commercial								Investment
Six months ended June 30, 2022		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Dividend and Interest Income		$	21,832			$	869			$	—			$	2,173			$	(2,166	)		$	22,708
Interest expense			689				—				—				235				—				924
Net interest income		$	21,143			$	869			$	—			$	1,938			$	(2,166	)		$	21,784
Provision for loan losses			(235	)			40				—				—				—				(195	)
Noninterest income			2,667				1,323				2,393				—				—				6,383
Noninterest expense			16,323				1,876				1,538				405				—				20,142
Net income before taxes		$	7,722			$	276			$	855			$	1,533			$	(2,166	)		$	8,220
Income tax provision (benefit)			1,739				—				—				(138	)			—				1,601
Net income (loss)		$	5,983			$	276			$	855			$	1,671			$	(2,166	)		$	6,619

(Dollars in thousands)		Commercial								Investment
Six months ended June 30, 2021		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Dividend and Interest Income		$	21,802			$	1,074			$	—			$	2,014			$	(2,008	)		$	22,882
Interest expense			1,014				—				—				209				—				1,223
Net interest income		$	20,788			$	1,074			$	—			$	1,805			$	(2,008	)		$	21,659
Provision for loan losses			345				—				—				—				—				345
Noninterest income			2,745				2,135				1,834				—				—				6,714
Noninterest expense			15,484				2,335				1,180				419				—				19,418
Net income before taxes		$	7,704			$	874			$	654			$	1,386			$	(2,008	)		$	8,610
Income tax provision (benefit)			1,931				—				—				(119	)			—				1,812
Net income (loss)		$	5,773			$	874			$	654			$	1,505			$	(2,008	)		$	6,798
(Dollars in thousands)		Commercial								Investment
Three months ended June 30, 2022		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Dividend and Interest Income		$	11,090			$	415			$	—			$	1,089			$	(1,081	)		$	11,513
Interest expense			331				—				—				131				—				462
Net interest income		$	10,759			$	415			$	—			$	958			$	(1,081	)		$	11,051
Provision for loan losses			(110	)			40				—				—				—				(70	)
Noninterest income			1,332				482				1,195				—				—				3,009
Noninterest expense			8,334				858				775				221				—				10,188
Net income before taxes		$	3,867			$	(1	)		$	420			$	737			$	(1,081	)		$	3,942
Income tax provision (benefit)			890				—				—				(78	)			—				812
Net income		$	2,977			$	(1	)		$	420			$	815			$	(1,081	)		$	3,130
(Dollars in thousands)		Commercial								Investment
Three months ended June 30, 2021		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Dividend and Interest Income		$	11,167			$	494			$	—			$	1,008			$	(1,005	)		$	11,664
Interest expense			467				—				—				105				—				572
Net interest income		$	10,700			$	494			$	—			$	903			$	(1,005	)		$	11,092
Provision for loan losses			168				—				—				—				—				168
Noninterest income			1,317				1,144				957				—				—				3,418
Noninterest expense			7,872				1,148				596				262				—				9,878
Net income before taxes		$	3,977			$	490			$	361			$	641			$	(1,005	)		$	4,464
Income tax provision (benefit)			997				—				—				(76	)			—				921
Net income		$	2,980			$	490			$	361			$	717			$	(1,005	)		$	3,543
		Commercial								Investment
(Dollars in thousands)		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Total Assets as of June 30, 2022		$	1,642,245			$	41,760			$	1			$	153,063			$	(152,245	)		$	1,684,824
Total Assets as of December 31, 2021		$	1,542,553			$	41,194			$	2			$	152,928			$	(152,169	)		$	1,584,508

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(Dollars in thousands)		Commercial								Investment
Six months ended June 30, 2022		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Dividend and Interest Income		$	21,832			$	869			$	—			$	2,173			$	(2,166	)		$	22,708
Interest expense			689				—				—				235				—				924
Net interest income		$	21,143			$	869			$	—			$	1,938			$	(2,166	)		$	21,784
Provision for loan losses			(235	)			40				—				—				—				(195	)
Noninterest income			2,667				1,323				2,393				—				—				6,383
Noninterest expense			16,323				1,876				1,538				405				—				20,142
Net income before taxes		$	7,722			$	276			$	855			$	1,533			$	(2,166	)		$	8,220
Income tax provision (benefit)			1,739				—				—				(138	)			—				1,601
Net income (loss)		$	5,983			$	276			$	855			$	1,671			$	(2,166	)		$	6,619

(Dollars in thousands)		Commercial								Investment
Six months ended June 30, 2021		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Dividend and Interest Income		$	21,802			$	1,074			$	—			$	2,014			$	(2,008	)		$	22,882
Interest expense			1,014				—				—				209				—				1,223
Net interest income		$	20,788			$	1,074			$	—			$	1,805			$	(2,008	)		$	21,659
Provision for loan losses			345				—				—				—				—				345
Noninterest income			2,745				2,135				1,834				—				—				6,714
Noninterest expense			15,484				2,335				1,180				419				—				19,418
Net income before taxes		$	7,704			$	874			$	654			$	1,386			$	(2,008	)		$	8,610
Income tax provision (benefit)			1,931				—				—				(119	)			—				1,812
Net income (loss)		$	5,773			$	874			$	654			$	1,505			$	(2,008	)		$	6,798
(Dollars in thousands)		Commercial								Investment
Three months ended June 30, 2022		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Dividend and Interest Income		$	11,090			$	415			$	—			$	1,089			$	(1,081	)		$	11,513
Interest expense			331				—				—				131				—				462
Net interest income		$	10,759			$	415			$	—			$	958			$	(1,081	)		$	11,051
Provision for loan losses			(110	)			40				—				—				—				(70	)
Noninterest income			1,332				482				1,195				—				—				3,009
Noninterest expense			8,334				858				775				221				—				10,188
Net income before taxes		$	3,867			$	(1	)		$	420			$	737			$	(1,081	)		$	3,942
Income tax provision (benefit)			890				—				—				(78	)			—				812
Net income		$	2,977			$	(1	)		$	420			$	815			$	(1,081	)		$	3,130
(Dollars in thousands)		Commercial								Investment
Three months ended June 30, 2021		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Dividend and Interest Income		$	11,167			$	494			$	—			$	1,008			$	(1,005	)		$	11,664
Interest expense			467				—				—				105				—				572
Net interest income		$	10,700			$	494			$	—			$	903			$	(1,005	)		$	11,092
Provision for loan losses			168				—				—				—				—				168
Noninterest income			1,317				1,144				957				—				—				3,418
Noninterest expense			7,872				1,148				596				262				—				9,878
Net income before taxes		$	3,977			$	490			$	361			$	641			$	(1,005	)		$	4,464
Income tax provision (benefit)			997				—				—				(76	)			—				921
Net income		$	2,980			$	490			$	361			$	717			$	(1,005	)		$	3,543
		Commercial								Investment
(Dollars in thousands)		and Retail				Mortgage				advisory and
		Banking				Banking				non-deposit				Corporate				Eliminations				Consolidated
Total Assets as of June 30, 2022		$	1,642,245			$	41,760			$	1			$	153,063			$	(152,245	)		$	1,684,824
Total Assets as of December 31, 2021		$	1,542,553			$	41,194			$	2			$	152,928			$	(152,169	)		$	1,584,508

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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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