Reportable Segments (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of Financial Information for Each Reportable Segment

The Company’s reportable segments represent the distinct product lines the Company offers and are viewed separately for strategic planning purposes by management. The three segments include Commercial and Retail Banking, Mortgage Banking, and Corporate. The following schedule presents financial information for each reportable segment.

	Three months ended										Three months ended
	June 30, 2021										June 30, 2020
	Commercial										Commercial
	and Retail			Mortgage			Elimin-		Consol-		and Retail		Mortgage			Elimin-		Consol-
(dollars in thousands)	Banking			Banking	Corporate		ations		idated		Banking		Banking	Corporate		ation		idated
Interest income	$	22,385		346	4		(4	)	22,731		$	23,709	282	6		(6	)	23,991
Interest expense		924		-	381		(4	)	1,301			3,723	-	500		(6	)	4,217
Net interest income (loss)		21,461		346	(377	)	-		21,430			19,986	282	(494	)	-		19,774
Provision for loan losses		(1,900	)	-	-		-		(1,900	)		10,200	-	-		-		10,200
Noninterest income		1,639		1,983	-		-		3,622			3,431	5,776	-		-		9,207
Noninterest expense		11,128		2,264	103		-		13,495			10,191	2,368	85		-		12,644
Net income (loss) before taxes		13,872		65	(480	)	-		13,457			3,026	3,690	(579	)	-		6,137
Income tax provision (benefit)		3,220		15	(101	)	-		3,134			728	775	(44	)	-		1,459
Net income (loss)	$	10,652		50	(379	)	-		10,323		$	2,298	2,915	(535	)	-		4,678
Total assets	$	2,607,640		42,014	287,984		(287,455	)	2,650,183		$	2,435,095	46,645	252,371		(251,816	)	2,482,295

26

	Six months ended										Six months ended
	June 30, 2021										June 30, 2020
	Commercial										Commercial
	and Retail			Mortgage			Elimin-		Consol-		and Retail		Mortgage			Elimin-		Consol-
(dollars in thousands)	Banking			Banking	Corporate		ations		idated		Banking		Banking	Corporate		ation		idated
Interest income	$	44,799		745	8		(8	)	45,544		$	47,378	478	10		(10	)	47,856
Interest expense		2,086		-	763		(8	)	2,841			9,057	-	939		(10	)	9,986
Net interest income (loss)		42,713		745	(755	)	-		42,703			38,321	478	(929	)	-		37,870
Provision for loan losses		(2,200	)	-	-		-		(2,200	)		16,200	-	-		-		16,200
Noninterest income		2,910		6,616	-		-		9,526			4,681	8,444	-		-		13,125
Noninterest expense		22,361		5,131	165		-		27,657			20,690	4,175	151		-		25,016
Net income before taxes		25,462		2,230	(920	)	-		26,772			6,112	4,747	(1,080	)	-		9,779
Income tax provision (benefit)		5,808		468	(193	)	-		6,083			1,499	997	(227	)	-		2,269
Net income (loss)	$	19,654		1,762	(727	)	-		20,689		$	4,613	3,750	(853	)	-		7,510
Total assets	$	2,607,640		42,014	287,984		(287,455	)	2,650,183		$	2,435,095	46,645	252,371		(251,816	)	2,482,295