XML 54 R40.htm IDEA: XBRL DOCUMENT v3.25.1
Business Segments (Tables)
 12 Months Ended
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