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Business Segments (Tables)

9 Months Ended

Sep. 30, 2023

Business Segments

Schedule of segment reporting information, by segment

Three Months Ended September 30, 2023

Community

Mortgage

Consumer

(Dollars in thousands)

Banking

Banking

Finance

Other

Eliminations

Consolidated

Interest income

$

25,066

$

517

$

12,020

$

—

$

(5,917)

$

31,686

Interest expense

6,675

232

5,748

548

(5,979)

7,224

Net interest income

18,391

285

6,272

(548)

62

24,462

Gain on sales of loans

—

1,198

—

—

22

1,220

Other noninterest income

4,221

1,144

(19)

(496)

(50)

4,800

Net revenue

22,612

2,627

6,253

(1,044)

34

30,482

Provision for credit losses

500

—

1,550

—

—

2,050

Noninterest expense

15,129

2,631

3,761

(172)

(17)

21,332

Income (loss) before taxes

6,983

(4)

942

(872)

51

7,100

Income tax expense (benefit)

1,298

1

260

(246)

10

1,323

Net income (loss)

$

5,685

$

(5)

$

682

$

(626)

$

41

$

5,777

Other data:

Capital expenditures

$

251

$

12

$

146

$

—

$

—

$

409

Depreciation and amortization

$

838

$

18

$

100

$

—

$

—

$

956


		Three Months Ended September 30, 2022
		Community			Mortgage			Consumer
(Dollars in thousands)		Banking			Banking			Finance			Other			Eliminations			Consolidated
Interest income		$	18,766		$	556		$	11,175		$	—		$	(4,171)		$	26,326
Interest expense			1,353			247			3,941			593			(4,188)			1,946
Net interest income			17,413			309			7,234			(593)			17			24,380
Gain on sales of loans			—			1,904			—			—			(34)			1,870
Other noninterest income			3,903			1,197			49			(826)			(64)			4,259
Net revenue			21,316			3,410			7,283			(1,419)			(81)			30,509

Provision for loan losses			—			—			1,200			—			—			1,200
Noninterest expense			14,621			3,398			3,639			(553)			(16)			21,089
Income (loss) before taxes			6,695			12			2,444			(866)			(65)			8,220
Income tax expense (benefit)			1,274			(12)			665			(238)			(14)			1,675
Net income (loss)		$	5,421		$	24		$	1,779		$	(628)		$	(51)		$	6,545

Other data:
Capital expenditures		$	961		$	3		$	—		$	—		$	—		$	964
Depreciation and amortization		$	923		$	57		$	102		$	—		$	—		$	1,082

Nine Months Ended September 30, 2023

Community

Mortgage

Consumer

(Dollars in thousands)

Banking

Banking

Finance

Other

Eliminations

Consolidated

Interest income

$

72,531

$

1,312

$

35,313

$

—

$

(17,427)

$

91,729

Interest expense

16,268

513

17,060

1,696

(17,573)

17,964

Net interest income

56,263

799

18,253

(1,696)

146

73,765

Gain on sales of loans

—

4,983

—

—

(53)

4,930

Other noninterest income

12,173

3,413

25

840

(155)

16,296

Net revenue

68,436

9,195

18,278

(856)

(62)

94,991

Provision for loan losses

1,550

—

4,250

—

—

5,800

Noninterest expense

45,063

8,459

10,909

1,839

(46)

66,224

Income (loss) before taxes

21,823

736

3,119

(2,695)

(16)

22,967

Income tax expense (benefit)

4,081

168

858

(790)

(8)

4,309

Net income (loss)

$

17,742

$

568

$

2,261

$

(1,905)

$

(8)

$

18,658

Other data:

Capital expenditures

$

861

$

12

$

146

$

—

$

—

$

1,019

Depreciation and amortization

$

2,558

$

61

$

300

$

—

$

—

$

2,919


		Nine Months Ended September 30, 2022
		Community			Mortgage			Consumer
(Dollars in thousands)		Banking			Banking			Finance			Other			Eliminations			Consolidated
Interest income		$	50,612		$	1,674		$	30,975		$	—		$	(10,312)		$	72,949
Interest expense			3,700			561			9,800			1,762			(10,361)			5,462
Net interest income			46,912			1,113			21,175			(1,762)			49			67,487
Gain on sales of loans			—			7,251			—			—			(488)			6,763
Other noninterest income			11,962			3,918			164			(4,174)			(112)			11,758
Net revenue			58,874			12,282			21,339			(5,936)			(551)			86,008

Provision for loan losses			(700)			32			2,070			—			—			1,402
Noninterest expense			42,605			10,045			10,978			(3,186)			(43)			60,399
Income (loss) before taxes			16,969			2,205			8,291			(2,750)			(508)			24,207
Income tax expense (benefit)			3,215			533			2,255			(752)			(107)			5,144
Net income (loss)		$	13,754		$	1,672		$	6,036		$	(1,998)		$	(401)		$	19,063

Other data:
Capital expenditures		$	2,232		$	65		$	17		$	—		$	—		$	2,314
Depreciation and amortization		$	2,817		$	180		$	308		$	—		$	—		$	3,305


		Community			Mortgage			Consumer
(Dollars in thousands)		Banking			Banking			Finance			Other			Eliminations			Consolidated
Total assets at September 30, 2023		$	2,299,620		$	35,995		$	478,346		$	35,984		$	(428,240)		$	2,421,705
Total assets at December 31, 2022		$	2,206,299		$	24,500		$	479,864		$	43,241		$	(421,587)		$	2,332,317