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Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information by Segment

The following tables include selected financial information by business segments for the three and nine months of September 30, 2018 and 2017.







 

 

 

 

 

 

 

 

 

 

 

 



 

Community

 

Insurance Products

 

Parent

 

Consolidated

(Dollars in thousands)

 

Banking

 

and Services

 

Company

 

Total

For the three months ended September 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Interest Income

 

$

 14,231 

 

$

 -

 

$

 5 

 

$

 14,236 

Interest Expense

 

 

 (1,289)

 

 

 -

 

 

 -

 

 

 (1,289)

Provision for credit losses

 

 

 (307)

 

 

 -

 

 

 -

 

 

 (307)

Noninterest income

 

 

 2,464 

 

 

 2,246 

 

 

 -

 

 

 4,710 

Noninterest expense

 

 

 (7,166)

 

 

 (1,978)

 

 

 (2,142)

 

 

 (11,286)

Net intersegment (expense) income

 

 

 (1,893)

 

 

 (143)

 

 

 2,036 

 

 

 -

Income (loss) before taxes

 

 

 6,040 

 

 

 125 

 

 

 (101)

 

 

 6,064 

Income tax (expense) benefit

 

 

 (1,586)

 

 

 (33)

 

 

 9 

 

 

 (1,610)

Net Income (loss)

 

$

 4,454 

 

$

 92 

 

$

 (92)

 

$

 4,454 



 

 

 

 

 

 

 

 

 

 

 

 

Total assets, September 30, 2018

 

$

 1,455,060 

 

$

 11,305 

 

$

 7,178 

 

$

 1,473,543 



 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended September 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Interest Income

 

$

 12,931 

 

 

 -

 

 

 6 

 

 

 12,937 

Interest Expense

 

 

 (611)

 

 

 -

 

 

 -

 

 

 (611)

Provision for credit losses

 

 

 (345)

 

 

 -

 

 

 -

 

 

 (345)

Noninterest income

 

 

 2,178 

 

 

 2,247 

 

 

 -

 

 

 4,425 

Noninterest expense

 

 

 (6,607)

 

 

 (2,201)

 

 

 (1,912)

 

 

 (10,720)

Net intersegment (expense) income

 

 

 (1,906)

 

 

 78 

 

 

 1,828 

 

 

 -

Income (loss) before taxes

 

 

 5,640 

 

 

 124 

 

 

 (78)

 

 

 5,686 

Income tax (expense) benefit

 

 

 (2,255)

 

 

 (50)

 

 

 31 

 

 

 (2,274)

Net Income (loss)

 

$

 3,385 

 

 

 74 

 

 

 (47)

 

 

 3,412 



 

 

 

 

 

 

 

 

 

 

 

 

Total assets, September 30, 2017

 

$

 1,359,930 

 

 

 9,909 

 

 

 6,289 

 

 

 1,376,127 













 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Community

 

Insurance Products

 

Parent

 

Consolidated

(Dollars in thousands)

 

Banking

 

and Services

 

Company

 

Total

For the nine months ended September 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Interest Income

 

$

 40,996 

 

$

 -

 

$

 17 

 

$

 41,013 

Interest Expense

 

 

 (3,104)

 

 

 -

 

 

 -

 

 

 (3,104)

Provision for credit losses

 

 

 (1,214)

 

 

 -

 

 

 -

 

 

 (1,214)

Noninterest income

 

 

 6,899 

 

 

 7,280 

 

 

 -

 

 

 14,179 

Noninterest expense

 

 

 (21,178)

 

 

 (5,953)

 

 

 (6,445)

 

 

 (33,576)

Net intersegment (expense) income

 

 

 (5,627)

 

 

 (439)

 

 

 6,066 

 

 

 -

Income (loss) before taxes

 

 

 16,772 

 

 

 888 

 

 

 (362)

 

 

 17,298 

Income tax (expense) benefit

 

 

 (4,375)

 

 

 (233)

 

 

 213 

 

 

 (4,395)

Net Income (loss)

 

$

 12,397 

 

 

 655 

 

 

 (149)

 

 

 12,903 



 

 

 

 

 

 

 

 

 

 

 

 

Total assets, September 30, 2018

 

$

 1,455,060 

 -

$

 11,305 

 -

$

 7,178 

 -

$

 1,473,543 



 

 

 

 

 

 

 

 

 

 

 

 

For the nine months ended September 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Interest Income

 

$

 34,761 

 

$

 (1)

 

$

 73 

 

$

 34,833 

Interest Expense

 

 

 (1,674)

 

 

 -

 

 

 -

 

 

 (1,674)

Provision for credit losses

 

 

 (1,746)

 

 

 -

 

 

 -

 

 

 (1,746)

Noninterest income

 

 

 6,111 

 

 

 7,300 

 

 

 -

 

 

 13,411 

Noninterest expense

 

 

 (18,651)

 

 

 (6,035)

 

 

 (5,884)

 

 

 (30,570)

Net intersegment (expense) income

 

 

 (5,500)

 

 

 (84)

 

 

 5,584 

 

 

 -

Income (loss) before taxes

 

 

 13,301 

 

 

 1,180 

 

 

 (227)

 

 

 14,254 

Income tax (expense) benefit

 

 

 (5,309)

 

 

 (472)

 

 

 91 

 

 

 (5,690)

Net Income (loss)

 

$

 7,992 

 

$

 708 

 

$

 (136)

 

$

 8,564 



 

 

 

 

 

 

 

 

 

 

 

 

Total assets, September 30, 2017

 

$

 1,359,930 

 

$

 9,909 

 

$

 6,289 

 

$

 1,376,127