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Segment Reporting | 9 Months Ended
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Sep. 30, 2025
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract] |
Segment Reporting | 16. SEGMENT REPORTING Bancshares is a bank holding company. Bancshares operates one banking subsidiary, the Bank. The Bank reporting unit is the only reportable segment of the Company. The Bank conducts a general commercial banking business and offers banking services such as demand, savings, individual retirement account and time deposits, personal and commercial loans, safe deposit box services and remote deposit capture. The Bank provides a wide range of commercial banking services to small- and medium-sized businesses, property managers, business executives, professionals and other individuals. The Bank also performs indirect lending through third-party retailers and currently conducts this lending in 17 states. Other than this indirect lending program, the Bank derives its revenue primarily in the southeast United States. The Bank does not have any customers that produce revenues of 10% or more. The Company's chief operating decision makers (the "CODM") consist of a group of senior executive officers of Bancshares and the Bank that includes the chief executive officer, the chief financial officer, the chief retail, operations and technology officer, the chief risk officer, the chief commercial lending officer, and the chief consumer lending officer. The CODM uses net income to evaluate income generated from segment assets in deciding whether to reinvest profits into the Bank segment or into other parts of the entity, such as for acquisitions or to pay dividends. Net income is used to monitor budget versus actual results. The CODM also uses net income in competitive analysis by benchmarking to the Company’s competitors. The competitive analysis along with the monitoring of budgeted versus actual results are used in assessing performance of the segment and in establishing management’s compensation. The accounting policies of the Bank segment are the same as those described in the summary of significant accounting policies. The CODM assesses performance for the Bank segment and decides how to allocate resources based on segment net income that also is reported on the consolidated statement of operations as consolidated net income. The measure of segment assets is reported on the consolidated balance sheet as total consolidated assets. The table below provides information related to the Company's Bank operating segment for the three and nine months ended September 30, 2025 and 2024:
|  | Bank Segment |
|  | For the three months ended September 30, |  |  | For the nine months ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
|  | (Dollars in Thousands) |  |  | (Dollars in Thousands) |
Income: |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  | $ | 15,281 |  |  | $ | 15,017 |  |  | $ | 44,153 |  |  | $ | 43,840 |
Non-interest income |  |  | 860 |  |  |  | 901 |  |  |  | 2,584 |  |  |  | 2,601 |
Total income |  |  | 16,141 |  |  |  | 15,918 |  |  |  | 46,737 |  |  |  | 46,441 |
Less: |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | 5,619 |  |  |  | 5,832 |  |  |  | 16,118 |  |  |  | 16,439 |
Provision for credit losses |  |  | 566 |  |  |  | 152 |  |  |  | 3,811 |  |  |  | 152 |
Salaries and employee benefits |  |  | 3,759 |  |  |  | 3,837 |  |  |  | 11,440 |  |  |  | 11,815 |
Net occupancy and equipment |  |  | 987 |  |  |  | 958 |  |  |  | 2,799 |  |  |  | 2,806 |
Computer services |  |  | 431 |  |  |  | 449 |  |  |  | 1,264 |  |  |  | 1,336 |
Insurance expense and assessments |  |  | 348 |  |  |  | 348 |  |  |  | 1,098 |  |  |  | 1,153 |
Fees for professional services |  |  | 363 |  |  |  | 299 |  |  |  | 1,048 |  |  |  | 1,004 |
Postage, stationery and supplies |  |  | 132 |  |  |  | 106 |  |  |  | 421 |  |  |  | 420 |
Telephone/data communication |  |  | 191 |  |  |  | 197 |  |  |  | 576 |  |  |  | 582 |
Collection and recoveries |  |  | 69 |  |  |  | 47 |  |  |  | 235 |  |  |  | 107 |
Directors fees |  |  | 103 |  |  |  | 81 |  |  |  | 297 |  |  |  | 262 |
Software amortization |  |  | 115 |  |  |  | 62 |  |  |  | 330 |  |  |  | 239 |
Other real estate/foreclosure expense, net |  |  | 153 |  |  |  | 31 |  |  |  | 197 |  |  |  | 92 |
Other segment items (1) |  |  | 786 |  |  |  | 575 |  |  |  | 2,094 |  |  |  | 1,593 |
Provision for income taxes |  |  | 583 |  |  |  | 722 |  |  |  | 1,146 |  |  |  | 1,985 |
Total expense |  |  | 14,205 |  |  |  | 13,696 |  |  |  | 42,874 |  |  |  | 39,985 |
Segment net income |  | $ | 1,936 |  |  | $ | 2,222 |  |  | $ | 3,863 |  |  | $ | 6,456 |
(1) Other segment items includes advertising expense, travel and business development expense, and life insurance expense.

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- Definition The entire disclosure for reporting segments including data and tables. 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