Segment Information

6 Months Ended

Jun. 30, 2018

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, 2018						Three Months Ended June 30, 2017
	Banking and Financial Services		Insurance Services		Total		Banking and Financial Services		Insurance Services		Total
(Dollars in thousands)
Net interest income from external sources	$	10,985	$	—	$	10,985	$	6,895	$	—	$	6,895
Other income from external sources	1,009		1,872		2,881		675		1,143		1,818
Depreciation and amortization	444		6		450		258		7		265
Income before income taxes	3,288		600		3,888		1,627		180		1,807
Income tax expense (1)	656		240		896		531		72		603
Total assets	1,425,250		12,052		1,437,302		922,510		6,317		928,827

	Six Months Ended June 30, 2018						Six Months Ended June 30, 2017
	Banking and Financial Services		Insurance Services		Total		Banking and Financial Services		Insurance Services		Total
(Dollars in thousands)
Net interest income from external sources	$	21,753	$	—	$	21,753	$	13,644	$	—	$	13,644
Other income from external sources	1,934		3,804		5,738		1,405		2,890		4,295
Depreciation and amortization	892		12		904		525		13		538
Income before income taxes	3,902		1,509		5,411		3,649		1,000		4,649
Income tax expense (1)	507		604		1,111		1,034		400		1,434
Total assets	1,425,250		12,052		1,437,302		922,510		6,317		928,827

(1) Insurance Services calculated at statutory tax rate of 28.1% .