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Business Segments (Tables)

6 Months Ended

Jun. 30, 2024

Business Segments

Schedule of segment reporting information, by segment

Three Months Ended June 30, 2024

Community

Mortgage

Consumer

(Dollars in thousands)

Banking

Banking

Finance

Other

Eliminations

Consolidated

Interest income

$

27,435

$

533

$

12,383

$

—

$

(6,039)

$

34,312

Interest expense

9,941

244

5,894

542

(6,137)

10,484

Net interest income

17,494

289

6,489

(542)

98

23,828

Gain on sales of loans

—

1,863

—

—

(162)

1,701

Other noninterest income

4,165

1,192

226

119

(79)

5,623

Net revenue

21,659

3,344

6,715

(423)

(143)

31,152

Provision for credit losses

450

—

2,100

—

—

2,550

Noninterest expense

15,650

2,840

3,385

513

(15)

22,373

Income (loss) before taxes

5,559

504

1,230

(936)

(128)

6,229

Income tax expense (benefit)

988

128

336

(232)

(25)

1,195

Net income (loss)

$

4,571

$

376

$

894

$

(704)

$

(103)

$

5,034

Other data:

Capital expenditures

$

523

$

16

$

—

$

—

$

—

$

539

Depreciation and amortization

$

855

$

20

$

84

$

—

$

—

$

959


		Three Months Ended June 30, 2023
		Community			Mortgage			Consumer
(Dollars in thousands)		Banking			Banking			Finance			Other			Eliminations			Consolidated
Interest income		$	24,334		$	499		$	11,785		$	—		$	(5,880)		$	30,738
Interest expense			5,850			219			5,705			545			(5,926)			6,393
Net interest income			18,484			280			6,080			(545)			46			24,345
Gain on sales of loans			—			1,928			—			—			(12)			1,916
Other noninterest income			4,042			1,268			203			579			(47)			6,045
Net revenue			22,526			3,476			6,283			34			(13)			32,306

Provision for loan losses			600			—			1,100			—			—			1,700
Noninterest expense			14,999			3,030			3,712			961			(13)			22,689
Income (loss) before taxes			6,927			446			1,471			(927)			—			7,917
Income tax expense (benefit)			1,288			100			401			(257)			1			1,533
Net income (loss)		$	5,639		$	346		$	1,070		$	(670)		$	(1)		$	6,384

Other data:
Capital expenditures		$	95		$	—		$	—		$	—		$	—		$	95
Depreciation and amortization		$	856		$	19		$	100		$	—		$	—		$	975

Six Months Ended June 30, 2024

Community

Mortgage

Consumer

(Dollars in thousands)

Banking

Banking

Finance

Other

Eliminations

Consolidated

Interest income

$

53,604

$

814

$

24,408

$

—

$

(11,806)

$

67,020

Interest expense

18,946

288

11,697

1,087

(11,984)

20,034

Net interest income

34,658

526

12,711

(1,087)

178

46,986

Gain on sales of loans

—

3,344

—

—

(355)

2,989

Other noninterest income

8,275

2,240

481

959

(128)

11,827

Net revenue

42,933

6,110

13,192

(128)

(305)

61,802

Provision for loan losses

950

—

5,100

—

—

6,050

Noninterest expense

31,566

5,213

6,945

1,830

(31)

45,523

Income (loss) before taxes

10,417

897

1,147

(1,958)

(274)

10,229

Income tax expense (benefit)

1,834

227

316

(560)

(57)

1,760

Net income (loss)

$

8,583

$

670

$

831

$

(1,398)

$

(217)

$

8,469

Other data:

Capital expenditures

$

816

$

97

$

111

$

—

$

—

$

1,024

Depreciation and amortization

$

1,693

$

34

$

169

$

—

$

—

$

1,896


		Six Months Ended June 30, 2023
		Community			Mortgage			Consumer
(Dollars in thousands)		Banking			Banking			Finance			Other			Eliminations			Consolidated
Interest income		$	47,465		$	795		$	23,293		$	—		$	(11,510)		$	60,043
Interest expense			9,593			281			11,312			1,148			(11,594)			10,740
Net interest income			37,872			514			11,981			(1,148)			84			49,303
Gain on sales of loans			—			3,785			—			—			(75)			3,710
Other noninterest income			7,952			2,269			436			1,336			(105)			11,888
Net revenue			45,824			6,568			12,417			188			(96)			64,901

Provision for loan losses			1,050			—			2,700			—			—			3,750
Noninterest expense			29,934			5,828			7,540			2,011			(29)			45,284
Income (loss) before taxes			14,840			740			2,177			(1,823)			(67)			15,867
Income tax expense (benefit)			2,783			167			598			(544)			(18)			2,986
Net income (loss)		$	12,057		$	573		$	1,579		$	(1,279)		$	(49)		$	12,881

Other data:
Capital expenditures		$	610		$	—		$	—		$	—		$	—		$	610
Depreciation and amortization		$	1,720		$	43		$	200		$	—		$	—		$	1,963


		Community			Mortgage			Consumer
(Dollars in thousands)		Banking			Banking			Finance			Other			Eliminations			Consolidated
Total assets at June 30, 2024		$	2,371,916		$	45,146		$	485,624		$	32,386		$	(442,972)		$	2,492,100
Total assets at December 31, 2023		$	2,319,810		$	22,177		$	476,671		$	35,581		$	(415,741)		$	2,438,498