Segment and Related Information

3 Months Ended

Mar. 31, 2019

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, 2019 and 2018 (unaudited), is shown in the following tables (dollars in thousands):



	Three Months Ended March 31, 2019
	Community Banking		Trust and Investment Services		Other			Intersegment Eliminations			Total
Interest income	$	17,999	$	—	$	97		$	—		$	18,096
Interest expense	2,644		—		384			—			3,028
Noninterest income	2,060		1,061		330			—			3,451
Income (loss) before income taxes	7,520		480		(426		)	—			7,574
Net income (loss)	5,997		380		(374		)	—			6,003
Depreciation and amortization	458		2		—			—			460
Total assets	1,857,272		—		259,009			(247,877		)	1,868,404
Goodwill	43,872		—		—			—			43,872
Capital expenditures	386		7		—			—			393



	Three Months Ended March 31, 2018
	Community Banking		Trust and Investment Services		Other			Intersegment Eliminations			Total
Interest income	$	16,580	$	—	$	88		$	—		$	16,668
Interest expense	1,835		—		290			—			2,125
Noninterest income	2,063		1,151		119			—			3,333
Income (loss) before income taxes	7,026		453		(261		)	—			7,218
Net income (loss)	5,653		365		(206		)	—			5,812
Depreciation and amortization	540		3		—			—			543
Total assets	1,807,991		—		237,802			(228,219		)	1,817,574
Goodwill	43,872		—		—			—			43,872
Capital expenditures	345		—		—			—			345