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Segment Information (Tables)
9 Months Ended
Sep. 30, 2023
Segment Information [Abstract]  
Schedule Of Business Segments

Three months ended September 30, 2023

Banking

Insurance Agency

Activities

Activities

Total

(in thousands)

Net interest income

$

14,256

$

-

$

14,256

Provision for credit losses

506

-

506

Net interest income after

provision for credit losses

13,750

-

13,750

Insurance service and fees

121

3,377

3,498

Other non-interest income

2,058

-

2,058

Amortization expense

5

95

100

Other non-interest expense

12,527

1,780

14,307

Income before income taxes

3,397

1,502

4,899

Income tax provision

890

391

1,281

Net income

$

2,507

$

1,111

$

3,618

Three months ended September 30, 2022

Banking

Insurance Agency

Activities

Activities

Total

(in thousands)

Net interest income

$

19,188

$

-

$

19,188

Provision for credit losses

1,328

-

1,328

Net interest income after

provision for credit losses

17,860

-

17,860

Insurance service and fees

134

3,249

3,383

Other non-interest income

2,384

-

2,384

Amortization expense

5

95

100

Other non-interest expense

13,750

1,941

15,691

Income before income taxes

6,623

1,213

7,836

Income tax provision

1,658

314

1,972

Net income

$

4,965

$

899

$

5,864


Nine months ended September 30, 2023

Banking

Insurance Agency

Activities

Activities

Total

(in thousands)

Net interest income

$

47,262 

$

-

$

47,262 

Provision for credit losses

(264)

-

(264)

Net interest income after

provision for credit losses

47,526 

-

47,526 

Insurance service and fees

398 

8,250 

8,648 

Other non-interest income

5,723 

-

5,723 

Amortization expense

14 

286 

300 

Other non-interest expense

37,311 

5,471 

42,782 

Income before income taxes

16,322 

2,493 

18,815 

Income tax provision

3,847 

618 

4,465 

Net income

$

12,475 

$

1,875 

$

14,350 

Nine months ended September 30, 2022

Banking

Insurance Agency

Activities

Activities

Total

(in thousands)

Net interest income

$

53,741 

$

-

$

53,741 

Provision for credit losses

1,816 

-

1,816 

Net interest income after

provision for credit losses

51,925 

-

51,925 

Insurance service and fees

442 

7,807 

8,249 

Other non-interest income

6,561 

-

6,561 

Amortization expense

15 

285 

300 

Other non-interest expense

39,137 

5,598 

44,735 

Income before income taxes

19,776 

1,924 

21,700 

Income tax provision

4,855 

499 

5,354 

Net income

$

14,921 

$

1,425 

$

16,346