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SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2019
SEGMENT REPORTING  
Schedule of Segment Reporting Information

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

 

December 31, 2019

 

 

Banking and

 

Insurance

 

 

 

(Dollars in thousands)

 

Financial Services

 

Services

 

Total

Year Ended December 31, 2019:

 

 

  

 

 

  

 

 

  

Net interest income from external sources

 

$

59,060

 

$

 —

 

$

59,060

Other income from external sources

 

 

6,129

 

 

8,216

 

 

14,345

Depreciation and amortization

 

 

2,003

 

 

46

 

 

2,049

Income before income taxes

 

 

27,358

 

 

2,281

 

 

29,639

Income tax expense (1)

 

 

6,184

 

 

912

 

 

7,096

Total assets

 

 

1,995,973

 

 

5,684

 

 

2,001,657

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

Banking and

 

Insurance

 

 

 

(Dollars in thousands)

 

Financial Services

 

Services

 

Total

Year Ended December 31, 2018:

 

 

  

    

 

  

    

 

  

Net interest income from external sources

 

$

44,080

 

$

 —

 

$

44,080

Other income from external sources

 

 

3,975

 

 

6,774

 

 

10,749

Depreciation and amortization

 

 

1,809

 

 

27

 

 

1,836

Income before income taxes

 

 

10,987

 

 

1,995

 

 

12,982

Income tax expense (1)

 

 

2,261

 

 

798

 

 

3,059

Total assets

 

 

1,790,851

 

 

4,852

 

 

1,795,703

 

 

 

 

 

 

 

 

 

 

 

(1)

Insurance Services calculated at statutory tax rate of 28.1%