Segment and Related Information

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Segment and Related Information

Segment and Related Information

The Company has two reportable segments, community banking and trust and investment services.

Community banking involves making loans to and generating deposits from individuals and businesses.  All assets and liabilities of the Company are allocated to community banking.  Investment income from securities is also allocated to the community banking segment.  Loan fee income, service charges from deposit accounts, and non-deposit fees such as automated teller machine fees and insurance commissions generate additional income for the community banking segment.

Trust and investment services include estate planning, trust account administration, investment management, and retail brokerage.  Investment management services include purchasing equity, fixed income, and mutual fund investments for customer accounts. The trust and investment services segment receives fees for investment and administrative services.

Amounts shown in the "Other" column includes activities of the Company which are primarily debt service on trust preferred securities and corporate items. 

Segment information as of and for the three months ended March 31, 2017 and 2016 (unaudited), is shown in the following tables (dollars in thousands):

	Three Months Ended March 31, 2017
	Community Banking		Trust and Investment Services		Other			Intersegment Eliminations			Total
Interest income	$	14,596	$	—	$	85		$	—		$	14,681
Interest expense	1,308		—		239			—			1,547
Noninterest income	2,161		1,104		6			—			3,271
Income (loss) before income taxes	5,457		541		(334		)	—			5,664
Net income (loss)	3,896		388		(221		)	—			4,063
Depreciation and amortization	606		3		—			—			609
Total assets	1,706,564		—		232,206			(222,965		)	1,715,805
Goodwill	43,872		—		—			—			43,872
Capital expenditures	657		6		—			—			663

	Three Months Ended March 31, 2016
	Community Banking		Trust and Investment Services		Other			Intersegment Eliminations			Total
Interest income	$	14,156	$	—	$	15		$	—		$	14,171
Interest expense	1,379		—		208			—			1,587
Noninterest income	2,158		1,134		5			—			3,297
Income (loss) before income taxes	5,616		655		(358		)	—			5,913
Net income (loss)	3,907		457		(236		)	—			4,128
Depreciation and amortization	760		3		—			—			763
Total assets	1,580,264		—		224,313			(222,023		)	1,582,554
Goodwill	43,872		—		—			—			43,872
Capital expenditures	149		—		—			—			149