Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

Schedule of Segment Financial Information

The following segment financial information has been derived from the internal financial statements of the Company which are used by management to monitor and manage financial performance. The accounting policies of the three segments are the same as those of the Company. The evaluation process for segments does not include holding company income and expense. Holding company amounts are the primary differences between segment amounts and consolidated totals, and are reflected in the column labeled “Other” below, along with amounts to eliminate transactions between segments.


	Core Banking		Wealth Management Services		Insurance		Other		Consolidated Totals
Three Months Ended
March 31, 2024
Net Interest Income	$	46,218	$	29	$	1	$	(1,254)	$	44,994
Net Gains on Sales of Loans	751		—		—		—		751
Net Gains on Securities	35		—		—		—		35
Wealth Management Fees	1		3,365		—		—		3,366
Insurance Revenues	—		—		2,878		—		2,878
Noncash Items:
Provision for Credit Losses	900		—		—		—		900
Depreciation and Amortization	2,215		5		5		114		2,339
Income Tax Expense (Benefit)	3,896		232		223		(195)		4,156
Segment Profit (Loss)	18,905		1,001		676		(1,560)		19,022
Segment Assets at March 31, 2024	6,097,690		10,644		4,308		(713)		6,111,929


	Core Banking		Wealth Management Services		Insurance		Other		Consolidated Totals
Three Months Ended
March 31, 2023
Net Interest Income	$	50,141	$	25	$	14	$	(1,171)	$	49,009
Net Gains on Sales of Loans	587		—		—		—		587
Net Gains on Securities	2		—		—		—		2
Wealth Management Fees	2		2,642		—		—		2,644
Insurance Revenues	1		17		3,117		—		3,135
Noncash Items:
Provision for Credit Losses	1,100		—		—		—		1,100
Depreciation and Amortization	2,293		10		12		114		2,429
Income Tax Expense (Benefit)	4,401		130		227		(305)		4,453
Segment Profit (Loss)	20,565		606		1,061		(1,425)		20,807
Segment Assets at December 31, 2023	6,137,687		9,508		3,509		1,494		6,152,198