XML 31 R21.htm IDEA: XBRL DOCUMENT v3.25.3
SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company’s reportable segment is determined by the Chief Financial Officer, who is the designated chief operating decision maker (the “Chief Operating Decision Maker”), based upon information provided about the performance of products and services offered in its banking operations. Banking operations consist primarily of lending, deposit and investment activities. The segment is also distinguished by the level of information provided to the chief operating decision maker, who uses such information to review the performance of various components of the business. Components of the Company’s business include various lending and deposit product offerings, the Company’s investment portfolio, banking branches and market geographies. The Chief Operating Decision Maker will evaluate the financial performance of the Company’s business components, such as by evaluating revenue, interest margins, significant expenses, and budget to actual operating results in assessing the Company’s segment and in determining the allocation of resources. The Chief Operating Decision Maker uses consolidated net income to benchmark the Company against competitors. Loans, investments, and deposits provide the revenue streams of the banking operation. Interest expense, provisions for credit losses, and compensation costs provide the significant expenses of the operation. All operations are domestic.
Three Months EndedNine Months Ended
September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Interest and dividend income$22,254 $22,512 $65,859 $67,654 
Reconciliation of revenue
Other Revenue3,022 2,921 8,451 8,098 
Total consolidated revenues25,276 25,433 74,310 75,752 
Less:
Interest expense9,040 11,227 27,740 32,888 
Segment net interest income and non-interest income16,236 14,206 46,570 42,864 
Less:
Provision for credit losses650 (400)1,750 (2,725)
Compensation and related benefits (expense)6,341 5,743 17,946 16,901 
Other expenses4,710 4,678 14,318 14,596 
Provision for income taxes (expense)853 899 2,407 3,043 
Segment net income/consolidated net income$3,682 $3,286 $10,149 $11,049 
Other segment disclosures:
Interest income$22,254 $22,512 $65,859 $67,654 
Interest expense$9,040 $11,227 $27,740 $32,888 
Depreciation$505 $531 $1,549 $1,644 
Amortization$113 $178 $471 $536 
Other significant noncash items:
Provision for credit losses$650 $(400)$1,750 $(2,725)
Reconciliation of assets:September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Total assets for reportable segments$1,726,987 $1,799,137 $1,726,987 $1,799,137 
Other assets— — — — 
Total consolidated assets$1,726,987 $1,799,137 $1,726,987 $1,799,137