Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting Disclosure Of Entitys Reportable Segments [Abstract]

Schedule of Segment Reporting Information, by Segment

The results for the two reportable segments of the Company are included in the tables below.

						All
	Bank		ALC			Other			Eliminations			Consolidated
	(Dollars in Thousands)
As of and for the three months ended September 30, 2021:
Net interest income	$	7,438	$	1,896		$	1		$	—		$	9,335
Provision for loan and lease losses		460		158			—			—			618
Total non-interest income		776		176			1,111			(1,167	)		896
Total non-interest expense		6,211		2,100			354			(118	)		8,547
Income before income taxes		1,543		(186	)		758			(1,049	)		1,066
Provision for income taxes		336		(47	)		(60	)		—			229
Net income	$	1,207	$	(139	)	$	818		$	(1,049	)	$	837
Other significant items:
Total assets	$	959,978	$	48,693		$	94,718		$	(146,655	)	$	956,734
Total investment securities		121,386		—			81			—			121,467
Total loans, net		691,106		46,645			—			(40,779	)		696,972
Goodwill and core deposit intangible, net		8,142		—			—			—			8,142
Investment in subsidiaries		—		—			89,088			(89,088	)		—
Fixed asset additions		107		2			—			—			109
Depreciation and amortization expense		401		21			—			—			422
Total interest income from external customers		7,728		2,302			—			—			10,030
Total interest income from affiliates		406		—			1			(407	)		—
For the nine months ended September 30, 2021:
Net interest income	$	21,910	$	5,796		$	5		$	—		$	27,711
Provision for loan and lease losses		1,280		237			—			—			1,517
Total non-interest income		2,389		480			3,608			(3,821	)		2,656
Total non-interest expense		18,853		5,749			1,102			(362	)		25,342
Income before income taxes		4,166		290			2,511			(3,459	)		3,508
Provision for income taxes		895		72			(199	)		—			768
Net income	$	3,271	$	218		$	2,710		$	(3,459	)	$	2,740
Other significant items:
Fixed asset additions	$	642	$	6		$	—		$	—		$	648
Depreciation and amortization expense		1,231		69			—			—			1,300
Total interest income from external customers		22,889		7,045			—			—			29,934
Total interest income from affiliates		1,249		—			5			(1,254	)		—

					All
	Bank		ALC		Other			Eliminations			Consolidated
	(Dollars in Thousands)
As of and for the three months ended September 30, 2020:
Net interest income	$	6,953	$	2,008	$	4		$	—		$	8,965
Provision for loan and lease losses		1,038		8		—			—			1,046
Total non-interest income		1,294		167		710			(796	)		1,375
Total non-interest expense		6,489		2,009		388			(139	)		8,747
Income before income taxes		720		158		326			(657	)		547
Provision for income taxes		156		45		(65	)		—			136
Net income	$	564	$	113	$	391		$	(657	)	$	411
Other significant items:
Total assets	$	855,830	$	56,640	$	91,035		$	(150,564	)	$	852,941
Total investment securities		93,325		—		80			—			93,405
Total loans, net		622,491		53,903		—			(48,789	)		627,605
Goodwill and core deposit intangible, net		8,502		—		—			—			8,502
Investment in subsidiaries		—		—		85,096			(85,096	)		—
Fixed asset additions		156		2		—			—			158
Depreciation and amortization expense		404		30		—			—			434
Total interest income from external customers		7,276		2,720		—			—			9,996
Total interest income from affiliates		712		—		4			(716	)		—
For the nine months ended September 30, 2020:
Net interest income	$	19,875	$	6,582	$	17		$	—		$	26,474
Provision for loan and lease losses		1,816		660		—			—			2,476
Total non-interest income		3,639		595		2,728			(2,960	)		4,002
Total non-interest expense		18,755		6,269		1,282			(484	)		25,822
Income before income taxes		2,943		248		1,463			(2,476	)		2,178
Provision for income taxes		650		82		(216	)		—			516
Net income	$	2,293	$	166	$	1,679		$	(2,476	)	$	1,662
Other significant items:
Fixed asset additions	$	598	$	21	$	—		$	—		$	619
Depreciation and amortization expense		1,146		94		—			—			1,240
Total interest income from external customers		21,405		8,767		1			—			30,173
Total interest income from affiliates		2,185		—		16			(2,201	)		—