Segment Information

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

We operate two business segments:  community banking and insurance & financial services.  These segments are primarily identified by the products or services offered.  The community banking segment consists of our full service banks which offer customers traditional banking products and services through various delivery channels.  The insurance & financial services segment includes three insurance agency offices that sell insurance products.  The accounting policies discussed throughout the notes to the consolidated financial statements apply to each of our business segments.

Inter-segment revenue and expense consists of management fees allocated to the community banking and the insurance & financial services segments for all centralized functions that are performed by the parent, including overall direction in the areas of strategic planning, investment portfolio management, asset/liability management, financial reporting and other financial and administrative services.  Information for each of our segments is included below:

	Three Months Ended March 31, 2017
Dollars in thousands	Community Banking			Insurance & Financial Services			Parent			Eliminations			Total
Net interest income	$	13,795		$	—		$	(165	)	$	—		$	13,630
Provision for loan losses	250			—			—			—			250
Net interest income after provision for loan losses	13,545			—			(165		)	—			13,380
Other income	1,507			1,072			491			(491		)	2,579
Other expenses	18,104			981			422			(491		)	19,016
Income (loss) before income taxes	(3,052		)	91			(96		)	—			(3,057		)
Income tax expense (benefit)	(1,450		)	41			(32		)	—			(1,441		)
Net income (loss)	$	(1,602	)	$	50		$	(64	)	$	—		$	(1,616	)
Inter-segment revenue (expense)	$	(451	)	$	(40	)	$	491		$	—		$	—
Average assets	$	1,750,059		$	6,174		$	180,393		$	(206,991	)	$	1,729,635
Capital expenditures	$	2,992		$	3		$	—		$	—		$	2,995

	Three Months Ended March 31, 2016
Dollars in thousands	Community Banking			Insurance & Financial Services			Parent			Eliminations			Total
Net interest income	$	11,938		$	—		$	(159	)	$	—		$	11,779
Provision for loan losses	250			—			—			—			250
Net interest income after provision for loan losses	11,688			—			(159		)	—			11,529
Other income	1,757			1,049			389			(389		)	2,806
Other expenses	7,274			1,055			614			(389		)	8,554
Income (loss) before income taxes	6,171			(6		)	(384		)	—			5,781
Income tax expense (benefit)	1,843			(2		)	(122		)	—			1,719
Net income (loss)	$	4,328		$	(4	)	$	(262	)	$	—		$	4,062
Inter-segment revenue (expense)	$	(361	)	$	(28	)	$	389		$	—		$	—
Average assets	$	1,526,926		$	5,866		$	171,028		$	(198,706	)	$	1,505,114
Capital expenditures	$	221		$	—		$	91		$	—		$	312