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Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2022

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 March 31, 2022:
Total interest income		$	8,125			$	1,589			$	1			$	(334	)		$	9,381
Total interest expense			559				333				114				(334	)			672
Net interest income			7,566				1,256				(113	)			—				8,709
Provision for loan and lease losses			(135	)			856				—				—				721
Net interest income after provision			7,701				400				(113	)			—				7,988
Total non-interest income			855				70				1,648				(1,744	)			829
Total non-interest expense			6,285				544				296				(69	)			7,056
Income before income taxes			2,271				(74	)			1,239				(1,675	)			1,761
Provision for income taxes			502				(19	)			(83	)			—				400
Net income		$	1,769			$	(55	)		$	1,322			$	(1,675	)		$	1,361
Other significant items:
Total assets		$	972,318			$	33,518			$	104,414			$	(141,604	)		$	968,646
Total investment securities			137,655				—				81				—				137,736
Total loans, net			669,569				32,237				—				(31,960	)			669,846
Goodwill and core deposit intangible, net			7,996				—				—				—				7,996
Investment in subsidiaries			—				—				93,963				(93,963	)			—
Fixed asset additions			118				—				—				—				118
Depreciation and amortization expense			377				10				—				—				387
Total interest income from external customers			7,792				1,589				—				—				9,381
Total interest income from affiliates			333				—				1				(334	)			—

										All
		Bank				ALC				Other				Eliminations				Consolidated
		(Dollars in Thousands)
As of and for the three months ended March 31, 2021:
Total interest income		$	7,872			$	2,402			$	3			$	(432	)			9,845
Total interest expense			784				429				-				(432	)			781
Net interest income			7,088				1,973				3				—				9,064
Provision for loan and lease losses			305				96				—				—				401
Net interest income after provision			6,783				1,877				3				—				8,663
Total non-interest income			824				150				1,296				(1,319	)			951
Total non-interest expense			6,277				1,838				409				(128	)			8,396
Income before income taxes			1,330				189				890				(1,191	)			1,218
Provision for income taxes			284				48				(64	)			—				268
Net income		$	1,046			$	141			$	954			$	(1,191	)		$	950
Other significant items:
Total assets		$	929,571			$	52,393			$	93,259			$	(148,688	)		$	926,535
Total investment securities			75,702				—				81				—				75,783
Total loans, net			653,688				49,825				—				(44,283	)			659,230
Goodwill and core deposit intangible, net			8,319				—				—				—				8,319
Investment in subsidiaries			—				—				87,345				(87,345	)			—
Fixed asset additions			118				4				—				—				122
Depreciation and amortization expense			421				24				—				—				445
Total interest income from external customers			7,443				2,402				—				—				9,845
Total interest income from affiliates			430				—				2				(432	)			—

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=123359005&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=123359005&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=123359005&loc=d3e8906-108599

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- References

No definition available.

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