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Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The table below highlights the Company’s revenues, expenses and net income (loss) for each reportable segment and is reconciled to net income (loss) on a consolidated basis for the three and six months ended June 30, 2025 and 2024, respectively, was as follows:

			Three Months Ended June 30, 2025
(dollars in thousands)			Hawthorn Bank						Wealth Management						Non-Bank						Total
Operating revenue
Interest income			$	23,885					$	—					$	26					$	23,911
Interest expense			6,914						—						855						7,769
Net interest income			$	16,971					$	—					$	(829)					$	16,142
Release of provision for credit losses			(51)						—						—						(51)
Operating expenses
Salaries and employee benefits			$	6,089					$	333					$	281					$	6,703
Occupancy, furniture and equipment expense			992						23						—						1,015
Processing, network, and bank card expense			1,425						18						—						1,443
Legal, examination, and professional fees			342						—						86						428
Depreciation			605						—						—						605
Other			1,801						31						243						2,075
Total operating expenses			$	11,254					$	405					$	610					$	12,269
Other
Non-interest income			$	2,484					$	542					$	519					$	3,545
Investment securities losses, net			(1)						—						—						(1)
Income taxes			1,560						—						(193)						1,367
Net income			$	6,691					$	137					$	(727)					$	6,101
			Six Months Ended June 30, 2025
(dollars in thousands)			Hawthorn Bank						Wealth Management						Non-Bank						Total
Operating revenue
Interest income			$	47,317					$	—					$	52					$	47,369
Interest expense			14,225						—						1,708						15,933
Net interest income			$	33,092					$	—					$	(1,656)					$	31,436
Release of provision for credit losses			(391)						—						—						(391)
Operating expenses
Salaries and employee benefits			$	12,310					$	665					$	640					$	13,615
Occupancy, furniture and equipment expense			2,171						38						—						2,209
Processing, network, and bank card expense			2,808						36						—						2,844
Legal, examination, and professional fees			737						—						184						921
Depreciation			1,140						—						—						1,140
Other			3,540						46						453						4,039
Total operating expenses			$	22,706					$	785					$	1,277					$	24,768
Other
Non-interest income			$	5,074					$	1,054					$	880					$	7,008
Investment securities losses, net			(3)						—						—						(3)
Income taxes			3,011						—						(431)						2,580
Net income			$	12,837					$	269					$	(1,622)					$	11,484
Segment assets			$	1,866,399					$	20					$	10,998					$	1,877,417

			Three Months Ended June 30, 2024
(dollars in thousands)			Hawthorn Bank												Non-Bank						Total
Operating revenue
Interest income			$	23,527											$	29					$	23,556
Interest expense			8,399												985						9,384
Net interest income			$	15,128											$	(956)					$	14,172
Provision for credit losses			457												—						457
Operating expenses
Salaries and employee benefits			$	6,412											$	312					$	6,724
Occupancy, furniture and equipment expense			968												—						968
Processing, network, and bank card expense			1,362												—						1,362
Legal, examination, and professional fees			404												108						512
Depreciation			462												—						462
Other			1,789												217						2,006
Total operating expenses			$	11,397											$	637					$	12,034
Other
Non-interest income			$	3,683											$	313					$	3,996
Investment securities losses, net			(15)												—						(15)
Income taxes			1,301												(268)						1,033
Net income			$	5,641											$	(1,012)					$	4,629
			Six Months Ended June 30, 2024
(dollars in thousands)			Hawthorn Bank												Non-Bank						Total
Operating revenue
Interest income			$	47,549											$	59					$	47,608
Interest expense			16,713												1,975						18,688
Net interest income			$	30,836											$	(1,916)					$	28,920
Provision for credit losses			227												—						227
Operating expenses
Salaries and employee benefits			$	12,805											$	649					$	13,454
Occupancy, furniture and equipment expense			2,074												—						2,074
Processing, network, and bank card expense			2,732												—						2,732
Legal, examination, and professional fees			1,115												220						1,335
Depreciation			925												—						925
Other			3,680												409						4,089
Total operating expenses			$	23,331											$	1,278					$	24,609
Other
Non-interest income			$	6,416											$	599					$	7,015
Investment securities losses, net			(15)												—						(15)
Income taxes			2,544												(545)						1,999
Net income			$	11,135											$	(2,050)					$	9,085
Segment assets			$	1,840,251											$	7,559					$	1,847,810

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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