Industry Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Segment Reporting Information, by Segment

Summarized information about the Company’s operations in each industry segment for the years ended December 31, 2022, 2021 and 2020 is as follows:


(In thousands)	Information Services		Banking Services		Corporate, Eliminations and Other		Total
2022
Fee income	$	120,234	$	3,606	$	1,142	$	124,982
Interest income*	28,528		40,913		(5,426)		64,015
Interest expense	166		4,143		(827)		3,482
Intersegment income (expense)	(3,350)		3,350		—		—

Tax-equivalized pre-tax income*	26,478		21,566		(3,455)		44,589
Goodwill	17,173		136		—		17,309
Other intangible assets, net	4,126		—		—		4,126
Total assets	1,595,939		1,182,439		(205,355)		2,573,023
Average funding sources	1,379,355		953,346		—		2,332,701
2021
Fee income	$	106,678	$	1,405	$	1,608	$	109,691
Interest income*	24,332		24,732		(1,694)		47,370
Interest expense	—		1,171		—		1,171
Intersegment income (expense)	(3,222)		3,222		—		—

Tax-equivalized pre-tax income*	25,446		11,004		(756)		35,694
Goodwill	14,126		136		—		14,262
Other intangible assets, net	2,564		—		—		2,564
Total assets	1,450,594		1,090,626		13,681		2,554,901
Average funding sources	1,150,493		876,018		—		2,026,511
2020
Fee income	$	97,640	$	1,515	$	1,286	$	100,441
Interest income*	20,343		29,494		(261)		49,576
Interest expense	—		2,362		—		2,362
Intersegment income (expense)	(2,315)		2,315		—		—

Tax-equivalized pre-tax income*	16,230		14,973		1,027		32,230
Goodwill	14,126		136		—		14,262
Other intangible assets, net	3,423		—		—		3,423
Total assets	1,188,745		997,483		17,007		2,203,235
Average funding sources	902,486		737,962		—		1,640,448

*Presented on a tax-equivalent basis assuming a tax rate of 21%. The tax-equivalent adjustment was approximately $1.7 million for 2022, $1.9 million for 2021, and $1.9 million for 2020.