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Business Segments (Tables)

9 Months Ended

Sep. 30, 2025

Business Segments

Schedule of Segment reporting information, by segment

Three Months Ended September 30, 2025

Community

Mortgage

Consumer

(Dollars in thousands)

Banking

Banking

Finance

Other

Eliminations

Consolidated

Interest income

$

25,610

$

625

$

12,404

$

—

$

144

$

38,783

Interest expense

10,498

—

—

1,111

—

11,609

Net interest income before allocation

15,112

625

12,404

(1,111)

144

27,174

Net interest allocation¹

6,080

(287)

(5,793)

—

—

—

Net interest income

21,192

338

6,611

(1,111)

144

27,174

Gain on sales of loans

—

2,074

—

—

(178)

1,896

Other noninterest income

4,430

1,546

149

874

(51)

6,948

Net revenue

25,622

3,958

6,760

(237)

(85)

36,018

Provision for credit losses

(100)

—

3,000

—

—

2,900

Salaries and employee benefits

9,503

1,899

1,934

1,084

—

14,420

Occupancy expense

1,878

222

145

—

—

2,245

Data processing

2,365

324

327

10

—

3,026

Professional fees

642

83

168

8

—

901

Insurance expense

350

15

34

—

—

399

Marketing and advertising expenses

496

152

12

—

—

660

Loan processing and collection expenses

46

335

450

—

—

831

Provision for indemnifications

—

(75)

—

—

—

(75)

Other segment items²

1,310

144

369

72

(12)

1,883

Total noninterest expense

16,590

3,099

3,439

1,174

(12)

24,290

Income (loss) before taxes

9,132

859

321

(1,411)

(73)

8,828

Income tax expense (benefit)

1,754

218

90

(331)

(16)

1,715

Net income (loss)

$

7,378

$

641

$

231

$

(1,080)

$

(57)

$

7,113

Other data:

Capital expenditures

$

698

$

42

$

—

$

—

$

—

$

740

Depreciation and amortization

851

38

79

—

—

968

1	Interest expense is allocated to the mortgage banking and consumer finance segments through borrowings from the community banking segment.

2	Other segment items for each reportable segment include:

a.

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.

b.

Mortgage banking – licenses and other taxes expense, travel and education expense, telecommunications expense, office supplies, and certain overhead expenses.

c.

Consumer finance – licenses and taxes other expense, travel and education expense, telecommunications expense, payment processing expense, office supplies, and certain overhead expenses.


		Three Months Ended September 30, 2024
		Community			Mortgage			Consumer
(Dollars in thousands)		Banking			Banking			Finance			Other			Eliminations			Consolidated
Interest income		$	22,755		$	597		$	12,676		$	—		$	103		$	36,131
Interest expense			10,822			—			—			620			—			11,442
Net interest income before allocation			11,933			597			12,676			(620)			103			24,689
Net interest allocation¹			6,332			(307)			(6,025)			—			—			—
Net interest income			18,265			290			6,651			(620)			103			24,689
Gain on sales of loans			—			1,704			—			—			121			1,825
Other noninterest income			4,599			1,203			197			1,019			(71)			6,947
Net revenue			22,864			3,197			6,848			399			153			33,461

Provision for credit losses			700			—			3,000			—			—			3,700

Salaries and employee benefits			8,860			1,829			2,007			1,225			—			13,921
Occupancy expense			1,723			203			165			—			—			2,091
Data processing			2,307			256			322			8			—			2,893
Professional fees			682			30			99			57			—			868
Insurance expense			349			31			35			—			—			415
Marketing and advertising expenses			332			122			6			—			—			460
Loan processing and collection expenses			84			244			390			—			—			718
Provision for indemnifications			—			(100)			—			—			—			(100)
Other segment items²			1,250			110			394			88			(17)			1,825
Total noninterest expense			15,587			2,725			3,418			1,378			(17)			23,091

Income (loss) before taxes			6,577			472			430			(979)			170			6,670
Income tax expense (benefit)			1,240			121			119			(265)			35			1,250
Net income (loss)		$	5,337		$	351		$	311		$	(714)		$	135		$	5,420

Other data:
Capital expenditures		$	2,026		$	6		$	—		$	—		$	—		$	2,032
Depreciation and amortization			843			18			84			—			—			945

1	Interest expense is allocated to the mortgage banking and consumer finance segments through borrowings from the community banking segment.

2	Other segment items for each reportable segment include:

a.

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.

b.

Mortgage banking – licenses and other taxes expense, travel and education expense, telecommunications expense, office supplies, and certain overhead expenses.

c.

Consumer finance – licenses and taxes other expense, travel and education expense, telecommunications expense, payment processing expense, office supplies, and certain overhead expenses.

Nine Months Ended September 30, 2025

Community

Mortgage

Consumer

(Dollars in thousands)

Banking

Banking

Finance

Other

Eliminations

Consolidated

Interest income

$

73,372

$

1,696

$

36,671

$

—

$

439

$

112,178

Interest expense

31,022

—

—

2,464

—

33,486

Net interest income before allocation

42,350

1,696

36,671

(2,464)

439

78,692

Net interest allocation¹

17,944

(733)

(17,211)

—

—

—

Net interest income

60,294

963

19,460

(2,464)

439

78,692

Gain on sales of loans

—

6,632

—

—

(431)

6,201

Other noninterest income

13,038

4,382

475

2,321

(152)

20,064

Net revenue

73,332

11,977

19,935

(143)

(144)

104,957

Provision for credit losses

(300)

—

8,300

—

—

8,000

Salaries and employee benefits

28,203

5,662

5,929

2,955

—

42,749

Occupancy expense

5,377

725

435

—

—

6,537

Data processing

7,007

908

938

28

—

8,881

Professional fees

2,046

176

394

207

—

2,823

Insurance expense

1,111

82

113

—

—

1,306

Marketing and advertising expenses

1,295

417

26

—

—

1,738

Loan processing and collection expenses

114

892

1,253

—

—

2,259

Provision for indemnifications

—

(135)

—

—

—

(135)

Other segment items²

3,944

502

1,169

253

(47)

5,821

Total noninterest expense

49,097

9,229

10,257

3,443

(47)

71,979

Income (loss) before taxes

24,535

2,748

1,378

(3,586)

(97)

24,978

Income tax expense (benefit)

4,596

691

382

(945)

(21)

4,703

Net income (loss)

$

19,939

$

2,057

$

996

$

(2,641)

$

(76)

$

20,275

Other data:

Capital expenditures

1,416

157

—

—

—

1,573

Depreciation and amortization

2,604

110

238

—

—

2,952

1.

Interest expense is allocated to the mortgage banking and consumer finance segments through borrowings from the community banking segment.

2.

Other segment items for each reportable segment include:

a.

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.

b.

Mortgage banking – licenses and other taxes expense, travel and education expense, telecommunications expense, office supplies, and certain overhead expenses.

c.

Consumer finance – licenses and taxes other expense, travel and education expense, telecommunications expense, payment processing expense, office supplies, and certain overhead expenses.


		Nine Months Ended September 30, 2024
		Community			Mortgage			Consumer
(Dollars in thousands)		Banking			Banking			Finance			Other			Eliminations			Consolidated
Interest income		$	64,374		$	1,411		$	37,084		$	—		$	282		$	103,151
Interest expense			29,768			—			—			1,708			—			31,476
Net interest income before allocation			34,606			1,411			37,084			(1,708)			282			71,675
Net interest allocation¹			18,317			(595)			(17,722)			—			—			—
Net interest income			52,923			816			19,362			(1,708)			282			71,675
Gain on sales of loans			—			5,048			—			—			(234)			4,814
Other noninterest income			12,874			3,443			678			1,978			(199)			18,774
Net revenue			65,797			9,307			20,040			270			(151)			95,263

Provision for credit losses			1,650			—			8,100			—			—			9,750

Salaries and employee benefits			27,420			5,392			6,188			2,625			—			41,625
Occupancy expense			5,139			670			477			—			—			6,286
Data processing			6,903			743			1,005			34			—			8,685
Professional fees			2,091			70			249			257			—			2,667
Insurance expense			1,036			81			113			—			—			1,230
Marketing and advertising expenses			588			328			28			—			—			944
Loan processing and collection expenses			185			678			1,158			—			—			2,021
Provision for indemnifications			—			(375)			—			—			—			(375)
Other segment items²			3,791			351			1,145			291			(47)			5,531
Total noninterest expense			47,153			7,938			10,363			3,207			(47)			68,614

Income (loss) before taxes			16,994			1,369			1,577			(2,937)			(104)			16,899
Income tax expense (benefit)			3,074			348			435			(825)			(22)			3,010
Net income (loss)		$	13,920		$	1,021		$	1,142		$	(2,112)		$	(82)		$	13,889

Other data:
Capital expenditures			2,842			103			111			—			—			3,056
Depreciation and amortization			2,536			52			253			—			—			2,841

1.

Interest expense is allocated to the mortgage banking and consumer finance segments through borrowings from the community banking segment.

2.

Other segment items for each reportable segment include:

a.

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.

b.

Mortgage banking – licenses and other taxes expense, travel and education expense, telecommunications expense, office supplies, and certain overhead expenses.

c.

Consumer finance – licenses and taxes other expense, travel and education expense, telecommunications expense, payment processing expense, office supplies, and certain overhead expenses.


		Community			Mortgage			Consumer
(Dollars in thousands)		Banking			Banking			Finance			Other			Eliminations			Consolidated
At September 30, 2025:
Total assets		$	2,598,198		$	43,606		$	468,747		$	41,016		$	(440,275)		$	2,711,292
Total loans held for investment, net			1,525,136			—			440,968			—			2,673			1,968,777
Total loans held for sale			—			36,169			—			—			(2,691)			33,478
Total deposits			2,311,111			—			—			—			(13,076)			2,298,035

At December 31, 2024:
Total assets		$	2,449,641		$	29,837		$	472,672		$	31,823		$	(420,599)		$	2,563,374
Total loans held for investment, net			1,434,446			—			444,085			—			1,780			1,880,311
Total loans held for sale			—			21,906			—			—			(1,794)			20,112
Total deposits			2,186,139			—			—			—			(15,279)			2,170,860