Three Months Ended

March 31, 2023

Community Banking

Marine Lending

All Other

Eliminations

Consolidated

(in thousands)

Interest Income

$

15,241

$

3,317

$

—

$

—

$

18,558

Interest Expense

4,367

1,193

354

—

5,914

Net Interest Income

10,874

2,124

(354

)

—

12,644

Gain on sales of loans

214

242

—

—

456

Other noninterest income

1,862

50

1,158

—

3,070

Net Revenue

12,950

2,416

804

—

16,170

Provision for credit losses

506

158

—

—

664

Noninterest expense

10,360

1,282

744

—

12,386

Income (loss) before taxes

2,084

976

60

—

3,120

Income tax expense (benefit)

317

205

13

—

535

Net Income (loss)

$

1,767

$

771

$

47

$

—

$

2,585

Other data:

Capital expenditures

$

(10

)

$

17

$

—

$

—

$

7

Depreciation and amortization

345

95

123

—

563

Three Months Ended

March 31, 2022

Community Banking

Marine Lending

All Other

Eliminations

Consolidated

(in thousands)

Interest Income

$

10,406

$

1,103

$

—

$

—

$

11,509

Interest Expense

316

54

—

—

370

Net Interest Income

10,090

1,049

—

—

11,139

Gain on sales of loans

131

347

—

—

478

Other noninterest income

1,830

14

921

—

2,765

Net Revenue

12,051

1,410

921

—

14,382

Provision for credit losses

416

124

—

—

540

Noninterest expense

8,549

625

749

—

9,923

Income (loss) before taxes

3,086

661

172

—

3,919

Income tax expense (benefit)

494

139

36

—

669

Net Income (loss)

$

2,592

$

522

$

136

$

—

$

3,250

Other data:

Capital expenditures

$

307

$

8

$

16

$

—

$

331

Depreciation and amortization

354

42

51

—

447

Community Banking

Marine Lending

All Other

Eliminations

Consolidated

Total assets at March 31, 2023

$

1,492,308

$

263,240

$

1,174

$

—

$

1,756,722

Total assets at December 31, 2022

$

1,377,461

$

237,595

$

1,661

$

—

$

1,616,717