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SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2021
SEGMENT INFORMATION [Abstract]  
SEGMENT INFORMATION
NOTE 7 – SEGMENT INFORMATION

The reportable segments are determined by the products and services offered, primarily distinguished between banking and consumer finance. They are also distinguished by the level of information provided to the chief operating decision maker, who uses such information to review performance of various components of the business, which are then aggregated if operating performance, products/services, and customers are similar. Loans, investments, and deposits provide the majority of the net revenues from the banking operation, while loans provide the majority of the net revenues for the consumer finance segment. All Company segments are domestic.

Total revenues from the banking segment, which accounted for the majority of the Company's total revenues, totaled 90.8% of total consolidated revenues for both quarters ended, March 31, 2021 and 2020.

The accounting policies used for the Company's reportable segments are the same as those described in Note 1 - Summary of Significant Accounting Policies. Income taxes are allocated based on income before tax expense.

Information for the Company’s reportable segments is as follows:

  
Three months ended March 31, 2021
  
   
Banking
    
Consumer
Finance
    
Total
Company
  
Net interest income
  
$
9,554
    
$
494
    
$
10,048
  
Provision expense
    
(50
)
    
(2
)
    
(52
)
Noninterest income
    
2,508
      
831
      
3,339
  
Noninterest expense
    
8,497
      
690
      
9,187
  
Tax expense
    
588
      
133
      
721
  
Net income
    
3,027
      
504
      
3,531
  
Assets
    
1,212,129
      
13,055
      
1,225,184
  

 
Three months ended March 31, 2020
  
   
Banking
    
Consumer
Finance
    
Total
Company
  
Net interest income
  
$
9,471
    
$
533
    
$
10,004
  
Provision expense
    
3,845
      
1
      
3,846
  
Noninterest income
    
3,487
      
955
      
4,442
  
Noninterest expense
    
8,766
      
753
      
9,519
  
Tax expense
    
(75
)
    
154
      
79
  
Net income
    
422
      
580
      
1,002
  
Assets
    
1,024,169
      
11,672
      
1,035,841