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Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2019
Segment Reporting Disclosure Of Entitys Reportable Segments [Abstract] |
Schedule of Segment Reporting Information, by Segment | The results for the two reportable segments of the Company are included in the tables below.
|  |  |  |  |  |  |  |  |  | All |  |  |  |  |  |  |  |  |
|  | Bank |  |  | ALC |  |  | Other |  |  | Eliminations |  |  | Consolidated |
|  | (Dollars in Thousands) |
As of and for the three months ended September 30, 2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net interest income |  | $ | 6,205 |  |  | $ | 3,136 |  |  | $ | 6 |  |  | $ | — |  |  | $ | 9,347 |
Provision for loan losses |  |  | 545 |  |  |  | 338 |  |  |  | — |  |  |  | — |  |  |  | 883 |
Total non-interest income |  |  | 1,176 |  |  |  | 212 |  |  |  | 1,520 |  |  |  | (1,494 | ) |  |  | 1,414 |
Total non-interest expense |  |  | 5,773 |  |  |  | 2,467 |  |  |  | 455 |  |  |  | (149 | ) |  |  | 8,546 |
Income before income taxes |  |  | 1,063 |  |  |  | 543 |  |  |  | 1,071 |  |  |  | (1,345 | ) |  |  | 1,332 |
Provision for income taxes |  |  | 136 |  |  |  | 139 |  |  |  | (61 | ) |  |  | — |  |  |  | 214 |
Net income |  | $ | 927 |  |  | $ | 404 |  |  | $ | 1,132 |  |  | $ | (1,345 | ) |  | $ | 1,118 |
Other significant items: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total assets |  | $ | 773,036 |  |  | $ | 109,852 |  |  | $ | 89,141 |  |  | $ | (200,099 | ) |  | $ | 771,930 |
Total investment securities |  |  | 114,229 |  |  |  | — |  |  |  | 80 |  |  |  | — |  |  |  | 114,309 |
Total loans, net |  |  | 533,861 |  |  |  | 106,223 |  |  |  | — |  |  |  | (95,565 | ) |  |  | 544,519 |
Goodwill and core deposit intangible, net |  |  | 8,934 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 8,934 |
Investment in subsidiaries |  |  | 5 |  |  |  | — |  |  |  | 83,460 |  |  |  | (83,460 | ) |  |  | 5 |
Fixed asset additions |  |  | 172 |  |  |  | 42 |  |  |  | — |  |  |  | — |  |  |  | 214 |
Depreciation and amortization expense |  |  | 372 |  |  |  | 37 |  |  |  | — |  |  |  | — |  |  |  | 409 |
Total interest income from external customers |  |  | 6,546 |  |  |  | 4,480 |  |  |  | 1 |  |  |  | — |  |  |  | 11,027 |
Total interest income from affiliates |  |  | 1,345 |  |  |  | — |  |  |  | 6 |  |  |  | (1,351 | ) |  |  | — |
For the nine months ended September 30, 2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net interest income |  | $ | 18,200 |  |  | $ | 9,534 |  |  | $ | 19 |  |  | $ | — |  |  | $ | 27,753 |
Provision for loan losses |  |  | 635 |  |  |  | 1,363 |  |  |  | — |  |  |  | — |  |  |  | 1,998 |
Total non-interest income |  |  | 3,362 |  |  |  | 659 |  |  |  | 4,485 |  |  |  | (4,536 | ) |  |  | 3,970 |
Total non-interest expense |  |  | 17,404 |  |  |  | 7,201 |  |  |  | 1,375 |  |  |  | (477 | ) |  |  | 25,503 |
Income before income taxes |  |  | 3,523 |  |  |  | 1,629 |  |  |  | 3,129 |  |  |  | (4,059 | ) |  |  | 4,222 |
Provision for income taxes |  |  | 647 |  |  |  | 403 |  |  |  | (185 | ) |  |  | — |  |  |  | 865 |
Net income |  | $ | 2,876 |  |  | $ | 1,226 |  |  | $ | 3,314 |  |  | $ | (4,059 | ) |  | $ | 3,357 |
Other significant items: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed asset additions |  |  | 2,736 |  |  |  | 120 |  |  |  | — |  |  |  | — |  |  |  | 2,856 |
Depreciation and amortization expense |  |  | 1,100 |  |  |  | 105 |  |  |  | — |  |  |  | — |  |  |  | 1,205 |
Total interest income from external customers |  |  | 19,515 |  |  |  | 13,246 |  |  |  | 2 |  |  |  | — |  |  |  | 32,763 |
Total interest income from affiliates |  |  | 3,712 |  |  |  | — |  |  |  | 18 |  |  |  | (3,730 | ) |  |  | — |
|  |  |  |  |  |  |  |  |  | All |  |  |  |  |  |  |  |  |
|  | Bank |  |  | ALC |  |  | Other |  |  | Eliminations |  |  | Consolidated |
|  | (Dollars in Thousands) |
As of and for the three months ended September 30, 2018: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net interest income |  | $ | 5,001 |  |  | $ | 3,322 |  |  | $ | 5 |  |  | $ | — |  |  | $ | 8,328 |
Provision for loan losses |  |  | 176 |  |  |  | 613 |  |  |  | — |  |  |  | — |  |  |  | 789 |
Total non-interest income |  |  | 1,850 |  |  |  | 268 |  |  |  | 630 |  |  |  | (636 | ) |  |  | 2,112 |
Total non-interest expense |  |  | 6,508 |  |  |  | 2,384 |  |  |  | 455 |  |  |  | (205 | ) |  |  | 9,142 |
Income before income taxes |  |  | 167 |  |  |  | 593 |  |  |  | 180 |  |  |  | (431 | ) |  |  | 509 |
Provision for income taxes |  |  | 195 |  |  |  | 131 |  |  |  | (57 | ) |  |  | — |  |  |  | 269 |
Net income |  | $ | (28 | ) |  | $ | 462 |  |  | $ | 237 |  |  | $ | (431 | ) |  | $ | 240 |
Other significant items: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total assets |  | $ | 805,007 |  |  | $ | 105,859 |  |  | $ | 84,362 |  |  | $ | (192,663 | ) |  | $ | 802,565 |
Total investment securities |  |  | 159,416 |  |  |  | — |  |  |  | 80 |  |  |  | — |  |  |  | 159,496 |
Total loans, net |  |  | 509,695 |  |  |  | 103,106 |  |  |  | — |  |  |  | (92,979 | ) |  |  | 519,822 |
Goodwill and core deposit intangible, net |  |  | 9,557 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 9,557 |
Investment in subsidiaries |  |  | 5 |  |  |  | — |  |  |  | 77,242 |  |  |  | (77,242 | ) |  |  | 5 |
Fixed asset additions |  |  | 195 |  |  |  | 97 |  |  |  | — |  |  |  | — |  |  |  | 292 |
Depreciation and amortization expense |  |  | 334 |  |  |  | 40 |  |  |  | — |  |  |  | — |  |  |  | 374 |
Total interest income from external customers |  |  | 4,916 |  |  |  | 4,536 |  |  |  | — |  |  |  | — |  |  |  | 9,452 |
Total interest income from affiliates |  |  | 1,212 |  |  |  | — |  |  |  | 5 |  |  |  | (1,217 | ) |  |  | — |
For the nine months ended September 30, 2018: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net interest income |  | $ | 13,362 |  |  | $ | 9,769 |  |  | $ | 13 |  |  | $ | — |  |  | $ | 23,144 |
Provision for loan losses |  |  | 215 |  |  |  | 1,934 |  |  |  | — |  |  |  | — |  |  |  | 2,149 |
Total non-interest income |  |  | 3,665 |  |  |  | 796 |  |  |  | 2,167 |  |  |  | (2,244 | ) |  |  | 4,384 |
Total non-interest expense |  |  | 15,927 |  |  |  | 7,334 |  |  |  | 1,267 |  |  |  | (593 | ) |  |  | 23,935 |
Income before income taxes |  |  | 885 |  |  |  | 1,297 |  |  |  | 913 |  |  |  | (1,651 | ) |  |  | 1,444 |
Provision for income taxes |  |  | 325 |  |  |  | 283 |  |  |  | (177 | ) |  |  | — |  |  |  | 431 |
Net income |  | $ | 560 |  |  | $ | 1,014 |  |  | $ | 1,090 |  |  | $ | (1,651 | ) |  | $ | 1,013 |
Other significant items: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed asset additions |  |  | 500 |  |  |  | 153 |  |  |  | — |  |  |  | — |  |  |  | 653 |
Depreciation and amortization expense |  |  | 973 |  |  |  | 105 |  |  |  | — |  |  |  | — |  |  |  | 1,078 |
Total interest income from external customers |  |  | 12,736 |  |  |  | 13,225 |  |  |  | — |  |  |  | — |  |  |  | 25,961 |
Total interest income from affiliates |  |  | 3,455 |  |  |  | — |  |  |  | 13 |  |  |  | (3,468 | ) |  |  | — |

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