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Segment Reporting | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Segment Reporting | Note 25. Segment Reporting The Corporation’s reportable segments are determined by the Chief Operating Officer of the Bank, who is the designated chief operating decision maker (CODM), based upon information provided about the Corporation’s products and services offered primarily between community banking and wealth management segments. The segments are also distinguished by the level of information provided to the CODM, who uses such information to review the performance of various components of the business, which are then aggregated if operating performance, products/services, and customer are similar. The CODM evaluates the financial performance of the Corporation’s business segments by evaluating revenue streams, significant expenses, and budget to actual results to assess the performance of the segments and to determine allocation of resources. This evaluation is also used to assess the performance of each segment to evaluate compensation of certain employees. Segment pretax profit or loss is used to assess the performance of the community banking segment by monitoring net interest income, fee income and noninterest expense. In this segment, interest income on loans and securities, and banking service fees are the primary source of revenue. Interest expense, the provision for credit losses, and salaries and benefits are the primary expenses. ‎ Segment pretax profit or loss is used to assess the performance of the wealth management segment by monitoring fee income and operating expense, and by assets under management. In this segment, fees from assets under management are the primary source of revenue, while salaries and benefits are the primary expense.
|  | Year Ended December 31, 2024 |  | Year Ended December 31, 2023
|  | Reportable Segments |  |  |  |  | Reportable Segments |  |  |
(Dollars in thousands) |  | Wealth |  | Community Banking |  | Consolidated Total |  | Wealth |  | Community Banking |  | Consolidated Total
Interest income - loans, including fees |  | $ | — |  | $ | 73,996 |  | $ | 73,996 |  | $ | — |  | $ | 58,277 |  | $ | 58,277
Interest income - investments |  |  | — |  |  | 18,211 |  |  | 18,218 |  |  | — |  |  | 16,071 |  |  | 16,078
Interest income - interest-earning deposits in other banks |  |  | — |  |  | 9,237 |  |  | 9,237 |  |  | — |  |  | 2,407 |  |  | 2,407
Wealth fee income |  |  | 8,538 |  |  | — |  |  | 8,538 |  |  | 7,512 |  |  | — |  |  | 7,512
Total segment income |  | $ | 8,538 |  | $ | 101,444 |  | $ | 109,989 |  | $ | 7,512 |  | $ | 76,755 |  | $ | 84,274
Reconciliation of revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other revenue - not allocated to a segment |  |  |  |  |  |  |  |  | 5,141 |  |  |  |  |  |  |  |  | 7,339
Total consolidated revenue |  |  |  |  |  |  |  | $ | 115,130 |  |  |  |  |  |  |  | $ | 91,613
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense - deposits |  | $ | — |  | $ | 30,906 |  | $ | 30,906 |  | $ | — |  | $ | 18,843 |  | $ | 18,843
Interest expense - other borrowings |  |  | — |  |  | 11,981 |  |  | 13,031 |  |  | — |  |  | 3,231 |  |  | 4,282
Provision for credit losses |  |  | — |  |  | 1,983 |  |  | 1,983 |  |  | — |  |  | 2,724 |  |  | 2,724
Salary and benefit expense |  |  | 3,829 |  |  | 28,923 |  |  | 32,752 |  |  | 3,722 |  |  | 25,091 |  |  | 28,813
Segment profit |  | $ | 4,709 |  | $ | 27,651 |  | $ | 36,458 |  | $ | 3,790 |  | $ | 26,866 |  | $ | 36,951
Other expenses - not allocated to a segment |  |  |  |  |  |  |  |  | 23,143 |  |  |  |  |  |  |  |  | 21,198
Income before taxes |  |  |  |  |  |  |  | $ | 13,315 |  |  |  |  |  |  |  | $ | 15,753
Other segment disclosures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net occupancy |  | $ | 524 |  | $ | 4,059 |  | $ | 4,583 |  | $ | 400 |  | $ | 3,998 |  | $ | 4,398
Data processing |  | $ | 198 |  | $ | 5,606 |  | $ | 5,804 |  | $ | 197 |  | $ | 4,595 |  | $ | 4,792
Total assets for reportable segments |  | $ | 1,555 |  | $ | 2,194,365 |  | $ | 2,197,841 |  | $ | 1,422 |  | $ | 1,834,333 |  | $ | 1,836,039

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- Definition The entire disclosure for reporting segments including data and tables. 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