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Business Segments (Tables)

3 Months Ended

Mar. 31, 2024

Business Segments

Schedule of segment reporting information, by segment

Three Months Ended March 31, 2024

Community

Mortgage

Consumer

(Dollars in thousands)

Banking

Banking

Finance

Other

Eliminations

Consolidated

Interest income

$

26,169

$

281

$

12,025

$

—

$

(5,767)

$

32,708

Interest expense

9,005

44

5,803

545

(5,847)

9,550

Net interest income

17,164

237

6,222

(545)

80

23,158

Gain on sales of loans

—

1,481

—

—

(193)

1,288

Other noninterest income

4,110

1,048

255

840

(49)

6,204

Net revenue

21,274

2,766

6,477

295

(162)

30,650

Provision for loan losses

500

—

3,000

—

—

3,500

Noninterest expense

15,916

2,373

3,560

1,317

(16)

23,150

Income (loss) before taxes

4,858

393

(83)

(1,022)

(146)

4,000

Income tax expense (benefit)

846

99

(20)

(328)

(32)

565

Net income (loss)

$

4,012

$

294

$

(63)

$

(694)

$

(114)

$

3,435

Other data:

Capital expenditures

$

293

$

81

$

111

$

—

$

—

$

485

Depreciation and amortization

$

838

$

14

$

85

$

—

$

—

$

937


		Three Months Ended March 31, 2023
		Community			Mortgage			Consumer
(Dollars in thousands)		Banking			Banking			Finance			Other			Eliminations			Consolidated
Interest income		$	23,131		$	296		$	11,508		$	—		$	(5,630)		$	29,305
Interest expense			3,743			62			5,607			603			(5,668)			4,347
Net interest income			19,388			234			5,901			(603)			38			24,958
Gain on sales of loans			—			1,857			—			—			(63)			1,794
Other noninterest income			3,910			1,001			233			757			(58)			5,843
Net revenue			23,298			3,092			6,134			154			(83)			32,595

Provision for loan losses			450			—			1,600			—			—			2,050
Noninterest expense			14,935			2,798			3,828			1,050			(16)			22,595
Income (loss) before taxes			7,913			294			706			(896)			(67)			7,950
Income tax expense (benefit)			1,495			67			197			(287)			(19)			1,453
Net income (loss)		$	6,418		$	227		$	509		$	(609)		$	(48)		$	6,497

Other data:
Capital expenditures		$	515		$	—		$	—		$	—		$	—		$	515
Depreciation and amortization		$	864		$	24		$	100		$	—		$	—		$	988


		Community			Mortgage			Consumer
(Dollars in thousands)		Banking			Banking			Finance			Other			Eliminations			Consolidated
Total assets at March 31, 2024		$	2,351,463		$	31,538		$	483,674		$	34,453		$	(431,377)		$	2,469,751
Total assets at December 31, 2023		$	2,319,810		$	22,177		$	476,671		$	35,581		$	(415,741)		$	2,438,498