Business Segments (Tables)

9 Months Ended

Sep. 30, 2024

Business Segments

Schedule of segment reporting information, by segment

	Three Months Ended September 30, 2024
	Community		Mortgage		Consumer
(Dollars in thousands)	Banking		Banking		Finance		Other		Eliminations		Consolidated
Interest income	$	29,087	$	597	$	12,676	$	—	$	(6,229)	$	36,131
Interest expense		10,822		307		6,025		621		(6,333)		11,442
Net interest income		18,265		290		6,651		(621)		104		24,689
Gain on sales of loans		—		1,704		—		—		121		1,825
Other noninterest income		4,599		1,203		197		1,020		(72)		6,947
Net revenue		22,864		3,197		6,848		399		153		33,461
Provision for credit losses		700		—		3,000		—		—		3,700
Noninterest expense		15,587		2,725		3,418		1,378		(17)		23,091
Income (loss) before taxes		6,577		472		430		(979)		170		6,670
Income tax expense (benefit)		1,240		121		119		(265)		35		1,250
Net income (loss)	$	5,337	$	351	$	311	$	(714)	$	135	$	5,420
Other data:
Capital expenditures	$	2,026	$	6	$	—	$	—	$	—	$	2,032
Depreciation and amortization	$	843	$	18	$	84	$	—	$	—	$	945

	Three Months Ended September 30, 2023
	Community		Mortgage		Consumer
(Dollars in thousands)	Banking		Banking		Finance		Other		Eliminations		Consolidated
Interest income	$	25,066	$	517	$	12,020	$	—	$	(5,917)	$	31,686
Interest expense		6,675		232		5,748		548		(5,979)		7,224
Net interest income		18,391		285		6,272		(548)		62		24,462
Gain on sales of loans		—		1,198		—		—		22		1,220
Other noninterest income		4,415		1,144		(19)		(496)		(50)		4,994
Net revenue		22,806		2,627		6,253		(1,044)		34		30,676
Provision for loan losses		500		—		1,550		—		—		2,050
Noninterest expense		15,323		2,631		3,761		(172)		(17)		21,526
Income (loss) before taxes		6,983		(4)		942		(872)		51		7,100
Income tax expense (benefit)		1,298		1		260		(246)		10		1,323
Net income (loss)	$	5,685	$	(5)	$	682	$	(626)	$	41	$	5,777
Other data:
Capital expenditures	$	251	$	12	$	146	$	—	$	—	$	409
Depreciation and amortization	$	838	$	18	$	100	$	—	$	—	$	956

	Nine Months Ended September 30, 2024
	Community		Mortgage		Consumer
(Dollars in thousands)	Banking		Banking		Finance		Other		Eliminations		Consolidated
Interest income	$	82,691	$	1,411	$	37,084	$	—	$	(18,035)	$	103,151
Interest expense		29,768		595		17,722		1,708		(18,317)		31,476
Net interest income		52,923		816		19,362		(1,708)		282		71,675
Gain on sales of loans		—		5,048		—		—		(234)		4,814
Other noninterest income		12,874		3,443		678		1,979		(200)		18,774
Net revenue		65,797		9,307		20,040		271		(152)		95,263
Provision for loan losses		1,650		—		8,100		—		—		9,750
Noninterest expense		47,153		7,938		10,363		3,208		(48)		68,614
Income (loss) before taxes		16,994		1,369		1,577		(2,937)		(104)		16,899
Income tax expense (benefit)		3,074		348		435		(825)		(22)		3,010
Net income (loss)	$	13,920	$	1,021	$	1,142	$	(2,112)	$	(82)	$	13,889
Other data:
Capital expenditures	$	2,842	$	103	$	111	$	—	$	—	$	3,056
Depreciation and amortization	$	2,536	$	52	$	253	$	—	$	—	$	2,841

	Nine Months Ended September 30, 2023
	Community		Mortgage		Consumer
(Dollars in thousands)	Banking		Banking		Finance		Other		Eliminations		Consolidated
Interest income	$	72,531	$	1,312	$	35,313	$	—	$	(17,427)	$	91,729
Interest expense		16,268		513		17,060		1,696		(17,573)		17,964
Net interest income		56,263		799		18,253		(1,696)		146		73,765
Gain on sales of loans		—		4,983		—		—		(53)		4,930
Other noninterest income		12,759		3,413		25		840		(155)		16,882
Net revenue		69,022		9,195		18,278		(856)		(62)		95,577
Provision for loan losses		1,550		—		4,250		—		—		5,800
Noninterest expense		45,649		8,459		10,909		1,839		(46)		66,810
Income (loss) before taxes		21,823		736		3,119		(2,695)		(16)		22,967
Income tax expense (benefit)		4,081		168		858		(790)		(8)		4,309
Net income (loss)	$	17,742	$	568	$	2,261	$	(1,905)	$	(8)	$	18,658
Other data:
Capital expenditures	$	861	$	12	$	146	$	—	$	—	$	1,019
Depreciation and amortization	$	2,558	$	61	$	300	$	—	$	—	$	2,919

	Community		Mortgage		Consumer
(Dollars in thousands)	Banking		Banking		Finance		Other		Eliminations		Consolidated
Total assets at September 30, 2024	$	2,435,009	$	52,431	$	485,201	$	31,078	$	(452,815)	$	2,550,904
Total assets at December 31, 2023	$	2,319,810	$	22,177	$	476,671	$	35,581	$	(415,741)	$	2,438,498