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Segment Information
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
 
The Company’s operating segments include banking, mortgage banking and small business specialty lending division. The reportable segments are determined by the products and services offered, and internal reporting. The Bank segment derives its revenues from the delivery of full-service financial services, including retail and commercial banking services and deposit accounts. The Mortgage Banking segment derives its revenues from the origination and sales of residential mortgage loans held for sale. The Small Business Specialty Lending Division segment derives its revenue from the origination, sales and servicing of Small Business Administration loans and other government guaranteed loans. Segment performance is evaluated using net interest income and noninterest income. Income taxes are allocated based on income before income taxes, and indirect expenses (includes management fees) are allocated based on various internal factors for each segment. Transactions among segments are made at fair value. The following tables present information reported internally for performance assessment as of December 31, 2021 and 2020:
 December 31, 2021
(dollars in thousands)BankMortgageSmall
Business
Specialty
Lending
Division
Totals
Net Interest Income$64,293 $543 $1,353 $66,189 
Provision for Loan Losses700 — — 700 
Noninterest Income14,889 13,189 8,212 36,290 
Noninterest Expenses61,202 11,314 6,109 78,625 
Income Taxes3,311 458 726 4,495 
Net income/(loss)$13,969 $1,960 $2,730 $18,659 
Total assets$2,620,501 $25,149 $46,065 $2,691,715 
Full Time Employees4005526481


 December 31, 2020
(dollars in thousands)BankMortgage
Banking
Small
Business
Specialty
Lending
Division
Totals
Net Interest Income$54,089 $603 $553 $55,245 
Provision for Loan Losses6,558 — — 6,558 
Noninterest Income13,288 9,106 1,850 24,244 
Noninterest Expenses46,990 8,137 3,174 58,301 
Income Taxes2,653 324 (162)2,815 
Net income/(loss)$11,176 $1,248 $(609)$11,815 
Total assets$1,709,696 $50,266 $4,012 $1,763,974 
Full Time Employees3054321369