Segment Information

6 Months Ended

Jun. 30, 2017

SEGMENT INFORMATION

Our insurance agency operations are managed separately from the traditional banking and related financial services that we also offer. The insurance agency operation provides commercial, individual, and group benefit plans and personal coverage.

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	Three Months Ended June 30, 2017						Three Months Ended June 30, 2016
	Banking and Financial Services		Insurance Services		Total		Banking and Financial Services		Insurance Services		Total
(Dollars in thousands)
Net interest income from external sources	$	6,895	$	—	$	6,895	$	5,817	$	—	$	5,817
Other income from external sources	675		1,143		1,818		781		1,045		1,826
Depreciation and amortization	258		7		265		281		7		288
Income before income taxes	1,627		180		1,807		1,556		104		1,660
Income tax expense (1)	531		72		603		509		42		551
Total assets	922,510		6,317		928,827		783,239		6,573		789,812

	Six Months Ended June 30, 2017						Six Months Ended June 30, 2016
	Banking and Financial Services		Insurance Services		Total		Banking and Financial Services		Insurance Services		Total
(Dollars in thousands)
Net interest income from external sources	$	13,644	$	—	$	13,644	$	11,463	$	—	$	11,463
Other income from external sources	1,405		2,890		4,295		1,567		2,783		4,350
Depreciation and amortization	525		13		538		533		13		546
Income before income taxes	3,649		1,000		4,649		3,070		939		4,009
Income tax expense (1)	1,034		400		1,434		950		376		1,326
Total assets	922,510		6,317		928,827		783,239		6,573		789,812

(1) Insurance Services calculated at statutory tax rate of 40% .