XML 71 R54.htm IDEA: XBRL DOCUMENT v3.24.1
SEGMENT RESULTS (Tables)
12 Months Ended
Dec. 31, 2023
SEGMENT RESULTS  
Schedule of business segments

YEAR ENDED DECEMBER 31, 2023

COMMUNITY

WEALTH

INVESTMENT/

BANKING

MANAGEMENT

PARENT

TOTAL

(IN THOUSANDS)

Net interest income (expense)

    

$

50,843

    

$

11

    

$

(14,834)

    

$

36,020

Provision for credit losses

 

6,580

 

 

849

 

7,429

Non-interest income

 

4,409

 

11,270

 

710

 

16,389

Non-interest expense

 

34,749

 

9,506

 

5,113

 

49,368

Income (loss) before income taxes

 

13,923

 

1,775

 

(20,086)

 

(4,388)

Income tax expense (benefit)

 

2,389

 

452

 

(3,883)

 

(1,042)

Net income (loss)

$

11,534

$

1,323

$

(16,203)

$

(3,346)

Total assets

$

1,151,720

$

11,173

$

226,745

$

1,389,638

YEAR ENDED DECEMBER 31, 2022

COMMUNITY

WEALTH

INVESTMENT/

BANKING

MANAGEMENT

PARENT

TOTAL

(IN THOUSANDS)

Net interest income (expense)

    

$

46,135

    

$

65

    

$

(5,637)

    

$

40,563

Provision for credit losses

 

50

 

 

 

50

Non-interest income (loss)

 

5,174

 

11,620

 

(102)

 

16,692

Non-interest expense

 

36,216

 

8,834

 

2,954

 

48,004

Income (loss) before income taxes

 

15,043

 

2,851

 

(8,693)

 

9,201

Income tax expense (benefit)

 

2,638

 

688

 

(1,573)

 

1,753

Net income (loss)

$

12,405

$

2,163

$

(7,120)

$

7,448

Total assets

$

1,114,923

$

10,867

$

238,084

$

1,363,874

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 credit losses

 

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