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Business Segments (Tables) | 12 Months Ended
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Dec. 31, 2024
Business Segments [Abstract] |
Schedule Of Segment Reporting Information, By Segment |
| Business Segments as of the Year Ended
| December 31, 2024
Dollars in Thousands | Community Banking | Mortgage Banking | Investment Advisory | Other | Eliminations | Consolidated
Interest income | $ 44,643 | $ - | $ - | $ - | $ - | $ 44,643
Interest expense | 14,704 | - | - | 703 | - | 15,407
Net interest income | 29,939 | - | - | (703) | - | 29,236
Gains on sales of loans | - | 4,494 | - | - | - | 4,494
Wealth management fees | - | - | 4,843 | - | - | 4,843
Other noninterest income | 6,053 | - | - | 8,579 | (8,832) | 5,800
Net revenue | 35,992 | 4,494 | 4,843 | 7,876 | (8,832) | 44,373
Less: |  |  |  |  |  |
Provision for (recovery of) credit losses | (655) | - | - | - | - | (655)
Noninterest expense: |  |  |  |  |  |
Salaries and employee benefits | 14,681 | 2,876 | 1,737 | - | - | 19,294
Occupancy | 1,842 | 114 | 104 | - | (96) | 1,964
Equipment | 2,406 | 54 | 39 | - | - | 2,499
Supplies | 486 | 20 | 36 | - | - | 542
Professional and other outside expenses | 3,286 | - | 112 | 232 | (159) | 3,471
Data processing | 3,057 | - | - | - | - | 3,057
Marketing | 847 | 6 | 11 | (96) | - | 768
Credit expense | 237 | 579 | - | - | - | 816
Other real estate expenses, net | - | - | - | - | - | -
FDIC insurance expense | 441 | - | - | - | - | 441
Amortization of intangibles | - | - | 560 | - | - | 560
Other (insurance, travel, contributions) | 1,569 | 18 | 115 | (9) | - | 1,693
Total noninterest expense | 28,852 | 3,667 | 2,714 | 127 | (255) | 35,105
Segment income before income taxes | 7,795 | 827 | 2,129 | 7,749 | (8,577) | 9,923
Allocated income tax expense (benefit) | 1,449 | 153 | 572 | (195) | - | 1,979
Segment net income | $ 6,346 | $ 674 | $ 1,557 | $ 7,944 | $ (8,577) | $ 7,944
Segment assets at December 31, 2024 | $ 965,659 | $ 3,992 | $ 11,308 | $ 107,365 | $ (109,080) | $ 979,244
Supplemental Data at December 31, 2024: |  |  |  |  |  |
Total loans held for investment, net | $ 636,552 | $ - | $ - | $ - | $ - | $ 636,552
Total deposits | 889,519 | - | - | - | (7,115) | 882,404
Assets Under Management | - | - | 853,977 | - | - | 853,977
‎ Note 9 – Business Segments (continued)
| Business Segments as of the Year Ended
| December 31, 2023
Dollars in Thousands | Community Banking | Mortgage Banking | Investment Advisory | Other | Eliminations | Consolidated
Interest income | $ 39,362 | $ - | $ - | $ - | $ - | $ 39,362
Interest expense | 8,897 | - | - | 725 | - | 9,622
Net interest income | 30,465 | - | - | (725) | - | 29,740
Gains on sales of loans | - | 3,938 | - | - | - | 3,938
Wealth management fees | - | - | 4,197 | - | - | 4,197
Other noninterest income | 4,931 | - | - | 9,160 | (9,359) | 4,732
Net revenue | 35,396 | 3,938 | 4,197 | 8,435 | (9,359) | 42,607
Less: |  |  |  |  |  |
Provision for (recovery of) credit losses | (179) | - | - | - | - | (179)
Noninterest expense: |  |  |  |  |  |
Salaries and employee benefits | 14,245 | 2,591 | 1,475 | - | - | 18,311
Occupancy | 1,715 | 91 | 63 | - | (50) | 1,819
Equipment | 2,284 | 85 | 46 | 1 | - | 2,416
Supplies | 489 | 19 | 22 | - | - | 530
Professional and other outside expenses | 2,357 | - | 99 | 206 | (149) | 2,513
Data processing | 2,783 | - | - | - | - | 2,783
Marketing | 768 | 8 | 8 | 135 | - | 919
Credit expense | 234 | 571 | - | - | - | 805
Other real estate expenses, net | 40 | - | - | - | - | 40
FDIC insurance expense | 419 | - | - | - | - | 419
Amortization of intangibles | - | - | 560 | - | - | 560
Other (insurance, travel, contributions) | 1,155 | 121 | 114 | 2 | - | 1,392
Total noninterest expense | 26,489 | 3,486 | 2,387 | 344 | (199) | 32,507
Segment income before income taxes | 9,086 | 452 | 1,810 | 8,091 | (9,160) | 10,279
Allocated income tax expense (benefit) | 1,713 | 95 | 380 | (613) | - | 1,575
Segment net income | $ 7,373 | $ 357 | $ 1,430 | $ 8,704 | $ (9,160) | $ 8,704
Segment assets at December 31, 2023 | $ 957,151 | $ 1,620 | $ 11,114 | $ 101,770 | $ (102,284) | $ 969,371
Supplemental Data at December 31, 2023: |  |  |  |  |  |
Total loans held for investment, net | $ 601,921 | $ - | $ - | $ - | $ - | $ 601,921
Total deposits | 880,388 | - | - | - | (1,929) | 878,459
Assets Under Management | - | - | 736,875 | - | - | 736,875

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- 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 + Details
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