XML 143 R123.htm IDEA: XBRL DOCUMENT v3.25.0.1
Business Segments - Segment Reporting (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
USD ($)
segment
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Business Segments      
Number of principal business segments | segment 3    
Interest income $ 139,594 $ 124,137 $ 101,354
Interest expense 42,819 26,430 7,890
Net interest income before allocation 96,775 97,707 93,464
Net interest income 96,775 97,707 93,464
Gains on sales of loans 6,064 5,780 7,498
Other noninterest income 24,474 23,835 21,714
Net revenue 127,313 127,322 122,676
Provision for loan losses 13,250 8,275 3,172
Salaries and employee benefits 53,578 54,876 47,867
Occupancy expense 8,397 7,993 8,564
Data processing 11,314 10,874 10,514
Professional fees 3,611 2,752 2,767
Insurance expense 1,832 1,659 1,049
Marketing and advertising expenses 1,213 1,548 1,805
Loan processing and collection expenses 2,661 3,317 3,978
Provision for indemnifications (460) (585) (858)
Other segment items 7,784 7,449 6,854
Total noninterest expenses 89,930 89,883 82,540
Income before income taxes 24,133 29,164 36,964
Income tax expense (benefit) 4,215 5,418 7,595
Net income 19,918 23,746 29,369
Total assets 2,563,374 2,438,498 2,332,317
Total loans held for investment, net 1,880,311 1,702,488 1,595,200
Total deposits 2,170,860 2,066,130 2,003,860
Capital expenditures 3,486 1,459 3,348
Depreciation and amortization 3,857 3,879 4,356
Operating Segments | Community Banking      
Business Segments      
Interest income 87,600 74,949 56,782
Interest expense 40,498 24,184 5,532
Net interest income before allocation 47,102 50,765 51,250
Net interest allocation 24,456 23,438 15,786
Net interest income 71,558 74,203 67,036
Other noninterest income 17,723 16,465 19,250
Net revenue 89,281 90,668 86,286
Provision for loan losses 1,650 1,625 (600)
Salaries and employee benefits 36,252 36,004 33,770
Occupancy expense 6,887 6,354 6,633
Data processing 8,927 8,564 7,889
Professional fees 2,834 2,149 2,121
Insurance expense 1,575 1,396 858
Marketing and advertising expenses 748 1,075 1,185
Loan processing and collection expenses 256 248 199
Other segment items 5,395 5,023 4,063
Total noninterest expenses 62,874 60,813 56,718
Income before income taxes 24,757 28,230 30,168
Income tax expense (benefit) 4,473 5,302 5,794
Net income 20,284 22,928 24,374
Total assets 2,449,641 2,319,810 2,206,299
Total loans held for investment, net 1,436,226 1,257,557 1,145,940
Total deposits 2,186,139 2,084,327 2,029,951
Capital expenditures 3,101 1,301 3,265
Depreciation and amortization $ 3,433 $ 3,402 $ 3,720
Other segment items for reportable segments Community banking – licenses and other taxes expense, travel and education expense, telecommunications expense, other real estate owned losses and expense, net periodic pension cost, office supplies, and certain overhead expenses. Community banking – licenses and other taxes expense, travel and education expense, telecommunications expense, other real estate owned losses expense, net periodic pension cost, office supplies, and certain overhead expenses. Community banking – licenses and other taxes expense, travel and education expense, telecommunications expense, other real estate owned losses and expense, net periodic pension cost, office supplies, and certain overhead expenses.
Operating Segments | Mortgage Banking      
Business Segments      
Interest income $ 1,897 $ 1,695 $ 2,036
Net interest income before allocation 1,897 1,695 2,036
Net interest allocation (796) (612) (662)
Net interest income 1,101 1,083 1,374
Gains on sales of loans 6,421 5,845 7,963
Other noninterest income 4,602 4,353 4,856
Net revenue 12,124 11,281 14,193
Provision for loan losses     32
Salaries and employee benefits 7,069 6,996 7,599
Occupancy expense 890 1,005 1,271
Data processing 1,012 1,008 1,137
Professional fees 103 101 180
Insurance expense 111 128 61
Marketing and advertising expenses 426 428 518
Loan processing and collection expenses 917 1,047 1,683
Provision for indemnifications (460) (585) (858)
Other segment items 528 560 989
Total noninterest expenses 10,596 10,688 12,580
Income before income taxes 1,528 593 1,581
Income tax expense (benefit) 420 128 371
Net income 1,108 465 1,210
Total assets 29,837 22,177 24,500
Total loans held for investment, net     671
Capital expenditures 210 12 66
Depreciation and amortization $ 86 $ 79 $ 226
Other segment items for reportable segments Mortgage banking – licenses and other taxes expense, travel and education expense, telecommunications expense, office supplies, and certain overhead expenses. Mortgage banking – licenses and other taxes expense, travel and education expense, telecommunications expense, office supplies, and certain overhead expenses. Mortgage banking – licenses and other taxes expense, travel and education expense, telecommunications expense, office supplies, and certain overhead expenses.
Operating Segments | Consumer Finance.      
Business Segments      
Interest income $ 49,684 $ 47,264 $ 42,441
Net interest income before allocation 49,684 47,264 42,441
Net interest allocation (23,660) (22,826) (15,124)
Net interest income 26,024 24,438 27,317
Other noninterest income 1,024 962 1,050
Net revenue 27,048 25,400 28,367
Provision for loan losses 11,600 6,650 3,740
Salaries and employee benefits 8,026 8,732 8,939
Occupancy expense 620 634 660
Data processing 1,328 1,280 1,458
Professional fees 312 310 267
Insurance expense 146 135 130
Marketing and advertising expenses 39 45 102
Loan processing and collection expenses 1,488 2,022 2,096
Other segment items 1,577 1,658 1,632
Total noninterest expenses 13,536 14,816 15,284
Income before income taxes 1,912 3,934 9,343
Income tax expense (benefit) 498 1,055 2,512
Net income 1,414 2,879 6,831
Total assets 472,672 476,671 479,864
Total loans held for investment, net 444,085 444,931 448,589
Capital expenditures 175 146 17
Depreciation and amortization $ 338 $ 398 $ 410
Other segment items for reportable segments Consumer finance – licenses and taxes other expense, travel and education expense, telecommunications expense, payment processing expense, office supplies, and certain overhead expenses. Consumer finance – licenses and other taxes expense, travel and education expense, telecommunications expense, payment processing expense, office supplies, and certain overhead expenses. Consumer finance – licenses and taxes other expense, travel and education expense, telecommunications expense, payment processing expense, office supplies, and certain overhead expenses.
Operating Segments | Other      
Business Segments      
Interest expense $ 2,321 $ 2,246 $ 2,358
Net interest income before allocation (2,321) (2,246) (2,358)
Net interest income (2,321) (2,246) (2,358)
Other noninterest income 1,363 2,257 (3,230)
Net revenue (958) 11 (5,588)
Salaries and employee benefits 2,231 3,144 (2,441)
Data processing 47 22 30
Professional fees 362 192 199
Other segment items 350 267 230
Total noninterest expenses 2,990 3,625 (1,982)
Income before income taxes (3,948) (3,614) (3,606)
Income tax expense (benefit) (1,152) (1,066) (973)
Net income (2,796) (2,548) (2,633)
Total assets 31,823 35,581 43,241
Eliminations      
Business Segments      
Interest income 413 229 95
Net interest income before allocation 413 229 95
Net interest income 413 229 95
Gains on sales of loans (357) (65) (465)
Other noninterest income (238) (202) (212)
Net revenue (182) (38) (582)
Other segment items (66) (59) (60)
Total noninterest expenses (66) (59) (60)
Income before income taxes (116) 21 (522)
Income tax expense (benefit) (24) (1) (109)
Net income (92) 22 (413)
Total assets (420,599) (415,741) (421,587)
Total deposits $ (15,279) $ (18,197) $ (26,091)