(Dollars in thousands)

Banking

Operations

CBRES

Other

Consolidated

As of and for the three months ended March 31, 2024

Interest income

$

19,801

$

-

$

9

$

19,810

Interest expense

6,222

-

284

6,506

Net interest income

13,579

-

(275

)

13,304

Provision for credit losses

91

-

91

Noninterest income

3,624

-

3,624

Appraisal management fee income

-

2,414

-

2,414

Noninterest expense

12,106

344

162

12,612

Appraisal management fee expense

-

1,904

-

1,904

Income tax expense (benefit)

841

38

(92

)

787

Net income (loss)

$

4,165

$

128

$

(345

)

$

3,948

Total assets

$

1,665,209

$

3,847

$

504

$

1,669,560

As of and for the three months ended March 31, 2023

Interest income

$

16,793

$

-

$

8

$

16,801

Interest expense

2,215

-

248

2,463

Net interest income

14,578

-

(240

)

14,338

Provision for credit losses

224

-

224

Noninterest income

1,517

-

1,517

Appraisal management fee income

-

2,094

-

2,094

Noninterest expense

11,564

334

154

12,052

Appraisal management fee expense

-

1,650

-

1,650

Income tax expense (benefit)

909

25

(83

)

851

Net income (loss)

$

3,398

$

85

$

(311

)

$

3,172

Total assets

$

1,598,863

$

3,329

$

500

$

1,602,692