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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2020

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 June 30, 2020:
Net interest income		$	6,442			$	2,174			$	7			$	—			$	8,623
Provision for loan losses			530				320				—				—				850
Total non-interest income			1,251				191				784				(896	)			1,330
Total non-interest expense			6,110				2,091				538				(158	)			8,581
Income before income taxes			1,053				(46	)			253				(738	)			522
Provision for income taxes			220				(14	)			(88	)			—				118
Net income		$	833			$	(32	)		$	341			$	(738	)		$	404
Other significant items:
Total assets		$	848,376			$	60,044			$	90,684			$	(153,357	)		$	845,747
Total investment securities			103,883				—				81				—				103,964
Total loans, net			561,253				56,742				—				(51,933	)			566,062
Goodwill and core deposit intangible, net			8,605				—				—				—				8,605
Investment in subsidiaries			—				—				84,718				(84,718	)			—
Fixed asset additions			223				5				—				—				228
Depreciation and amortization expense			376				31				—				—				407
Total interest income from external customers			6,872				2,907				1				—				9,780
Total interest income from affiliates			733				—				6				(739	)			—
For the six months ended June 30, 2020:
Net interest income		$	12,922			$	4,574			$	13			$	—			$	17,509
Provision for loan losses			778				652				—				—				1,430
Total non-interest income			2,345				428				2,018				(2,164	)			2,627
Total non-interest expense			12,266				4,260				894				(345	)			17,075
Income before income taxes			2,223				90				1,137				(1,819	)			1,631
Provision for income taxes			494				37				(151	)			—				380
Net income		$	1,729			$	53			$	1,288			$	(1,819	)		$	1,251
Other significant items:
Fixed asset additions			442				19				—				—				461
Depreciation and amortization expense			742				64				—				—				806
Total interest income from external customers			14,129				6,047				1				—				20,177
Total interest income from affiliates			1,473				—				12				(1,485	)			—

										All
		Bank				ALC				Other				Eliminations				Consolidated
		(Dollars in Thousands)
As of and for the three months ended June 30, 2019:
Net interest income		$	5,986			$	3,240			$	7			$	—			$	9,233
Provision for loan losses			90				625				—				—				715
Total non-interest income			1,108				228				1,384				(1,429	)			1,291
Total non-interest expense			5,798				2,366				493				(153	)			8,504
Income before income taxes			1,206				477				898				(1,276	)			1,305
Provision for income taxes			249				121				(70	)			—				300
Net income		$	957			$	356			$	968			$	(1,276	)		$	1,005
Other significant items:
Total assets		$	778,252			$	107,911			$	89,102			$	(198,094	)		$	777,171
Total investment securities			136,569				—				80				—				136,649
Total loans, net			501,177				104,007				—				(93,669	)			511,515
Goodwill and core deposit intangible, net			9,056				—				—				—				9,056
Investment in subsidiaries			5				—				83,436				(83,436	)			5
Fixed asset additions			887				64				—				—				951
Depreciation and amortization expense			361				35				—				—				396
Total interest income from external customers			6,476				4,447				—				—				10,923
Total interest income from affiliates			1,206				—				7				(1,213	)			—
For the six months ended June 30, 2019:
Net interest income		$	11,995			$	6,398			$	13			$	—			$	18,406
Provision for loan losses			90				1,025				—				—				1,115
Total non-interest income			2,186				447				2,965				(3,042	)			2,556
Total non-interest expense			11,631				4,734				920				(328	)			16,957
Income before income taxes			2,460				1,086				2,058				(2,714	)			2,890
Provision for income taxes			511				264				(124	)			—				651
Net income		$	1,949			$	822			$	2,182			$	(2,714	)		$	2,239
Other significant items:
Fixed asset additions			2,564				78				—				—				2,642
Depreciation and amortization expense			728				68				—				—				796
Total interest income from external customers			12,969				8,766				1				—				21,736
Total interest income from affiliates			2,367				—				12				(2,379	)			—

X

- 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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- References

No definition available.

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