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Note 25 - Segment Information
 12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
NOTE
25
. 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, 2019
and
2018:
 
   
December 31, 2019
  
(dollars in thousands)
  
Bank
   
Mortgage
   
Small
Business
Specialty
Lending
Division
   
Holding
Company
   
Totals
 
                                         
Net Interest Income
   $
49,162
     $
164
     $
-
     $
(1,481)
     $
47,845
  
Provision for Loan Losses
    
1,104
      
-
      
-
      
-
      
1,104
  
Noninterest Income
    
11,224
      
3,139
      
-
      
399
      
14,762
  
Noninterest Expenses
    
42,786
      
3,257
      
1,213
      
1,638
      
48,894
  
Income Taxes
    
3,279
      
10
      
(254)
      
(637)
      
2,398
  
Net income/(loss)
   $
13,217
     $
36
     $
(959)
     $
(2,083)
     $
10,211
  
                                         
Total assets
   $
1,499,347
     $
11,624
     $
405
     $
3,937
     $
1,515,313
  
 
   
December 31, 2018
  
(dollars in thousands)
  
Bank
   
Mortgage
Banking
   
Small
Business
Specialty
Lending
Division
   
Holding
Company
   
Totals
 
                                         
Net Interest Income
   $
41,194
     $
-
     $
-
     $
(927)
     $
40,797
  
Provision for Loan Losses
    
165
      
-
      
-
      
-
      
201
  
Noninterest Income
    
9,614
      
-
      
-
      
-
      
9,621
  
Noninterest Expenses
    
33,770
      
-
      
-
      
1,084
      
35,300
  
Income Taxes
    
3,411
      
-
      
-
      
(422)
      
3,000
  
Net income/(loss)
   $
13,462
     $
-
     $
-
     $
(1,589)
     $
11,917
  
                                         
Total assets
   $
1,249,173
     $
-
     $
-
     $
2,705
     $
1,251,878