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SEGMENT INFORMATION
12 Months Ended
Dec. 31, 2023
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, 2023 and 2022:
 December 31, 2023
(dollars in thousands)BankMortgageSmall
Business
Specialty
Lending
Division
Totals
Net Interest Income$75,464 $109 $2,671 $78,244 
Provision for Loan Losses2,225 — 1,375 3,600 
Noninterest Income22,576 6,223 6,835 35,634 
Noninterest Expenses68,734 6,926 7,405 83,065 
Income Taxes5,454 (117)129 5,466 
Net income/(loss)$21,627 $(477)$597 $21,747 
Total assets$2,956,121 $7,890 $89,411 $3,053,422 
Full Time Employees3784233453


 December 31, 2022
(dollars in thousands)BankMortgage
Banking
Small
Business
Specialty
Lending
Division
Totals
Net Interest Income$79,240 $102 $1,330 $80,672 
Provision for Loan Losses3,370 — — 3,370 
Noninterest Income18,035 9,630 7,360 35,025 
Noninterest Expenses72,781 9,735 6,959 89,475 
Income Taxes3,010 98 202 3,310 
Net income/(loss)$18,114 $(101)$1,529 $19,542 
Total assets$2,857,893 $18,221 $60,456 $2,936,570 
Full Time Employees4276530522