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SEGMENT RESULTS (Tables)
12 Months Ended
Dec. 31, 2021
SEGMENT RESULTS  
Schedule of business segments

The contribution of the major business segments to the Consolidated Statements of Operations were as follows:

YEAR ENDED DECEMBER 31, 2021

COMMUNITY

WEALTH

INVESTMENT/

BANKING

MANAGEMENT

PARENT

TOTAL

(IN THOUSANDS)

Net interest income (expense)

    

$

45,934

    

$

72

    

$

(6,923)

    

$

39,083

Provision for loan loss

 

1,100

 

 

 

1,100

Non-interest income

 

5,649

 

11,986

 

126

 

17,761

Non-interest expense

 

35,636

 

8,349

 

2,985

 

46,970

Income (loss) before income taxes

 

14,847

 

3,709

 

(9,782)

 

8,774

Income tax expense (benefit)

 

2,797

 

841

 

(1,936)

 

1,702

Net income (loss)

$

12,050

$

2,868

$

(7,846)

$

7,072

Total assets

$

1,111,856

$

10,822

$

212,882

$

1,335,560

YEAR ENDED DECEMBER 31, 2020

COMMUNITY

WEALTH

INVESTMENT/

BANKING

MANAGEMENT

PARENT

TOTAL

(IN THOUSANDS)

Net interest income (expense)

    

$

42,862

    

$

55

    

$

(6,550)

    

$

36,367

Provision for loan loss

 

2,375

 

 

 

2,375

Non-interest income

 

6,022

 

10,212

 

41

 

16,275

Non-interest expense

 

34,136

 

7,683

 

2,636

 

44,455

Income (loss) before income taxes

 

12,373

 

2,584

 

(9,145)

 

5,812

Income tax expense (benefit)

 

2,303

 

598

 

(1,687)

 

1,214

Net income (loss)

$

10,070

$

1,986

$

(7,458)

$

4,598

Total assets

$

1,086,653

$

10,471

$

185,609

$

1,282,733

YEAR ENDED DECEMBER 31, 2019

COMMUNITY

WEALTH

INVESTMENT/

BANKING

MANAGEMENT

PARENT

TOTAL

(IN THOUSANDS)

Net interest income (expense)

    

$

40,865

    

$

81

    

$

(5,504)

    

$

35,442

Provision for loan loss

 

800

 

 

 

800

Non-interest income

 

5,407

 

9,736

 

(370)

 

14,773

Non-interest expense

 

31,856

 

7,340

 

2,619

 

41,815

Income (loss) before income taxes

 

13,616

 

2,477

 

(8,493)

 

7,600

Income tax expense (benefit)

 

2,715

 

593

 

(1,736)

 

1,572

Net income (loss)

$

10,901

$

1,884

$

(6,757)

$

6,028

Total assets

$

981,787

$

10,361

$

179,036

$

1,171,184