Segment Reporting

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

SEGMENT REPORTING

NOTE 24. SEGMENT REPORTING

We are in the business of providing financial services and we operate in two business segments – commercial and consumer banking and mortgage-banking. Commercial and consumer banking is conducted through the Bank and involves delivering a broad range of financial services, including lending and deposit taking, to individuals and commercial enterprises. This segment also includes our treasury and administrative functions. Mortgage-banking is conducted through the Bank’s secondary marketing department and involves originating first and second-lien residential mortgages for sale in the secondary market.

The following tables present certain information regarding our business segments as of and for the year ended December 31.

	Community				Consolidated
(Dollars in thousands)	Banking		Mortgage Banking		Total
For the year ended December 31, 2021
Interest Income	$	70,037	$	132	$	70,169
Interest Expense		6,031		8		6,039
Net interest income		64,006		124		64,130
Provision for credit losses		(358)		—		(358)
Net interest income after provision for credit losses		64,364		124		64,488
Noninterest income		12,550		948		13,498
Noninterest expense		55,628		1,178		56,806
Income (loss) before income taxes		21,286		(106)		21,180
Income tax expense (benefit)		5,841		(29)		5,812
Net income (loss)	$	15,445	$	(77)	$	15,368
Total assets, December 31, 2021	$	3,416,519	$	43,617	$	3,460,136