XML 80 R18.htm IDEA: XBRL DOCUMENT v3.2.0.727
Business Segment Information
 6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information
We have one reportable business segment, commercial banking. The commercial banking segment provides small and medium-size businesses, professional firms and individuals with a diversified range of products and services such as various types of deposit accounts, various types of commercial and consumer loans, cash management services, and online banking services. We also have one non-reportable segment, discontinued operations, which is comprised of our mortgage banking business. Our mortgage banking business originated mortgage loans that, for the most part, were resold within 30 days to long-term investors in the secondary residential mortgage market.
Since our operating segment derives all of its revenues from interest and noninterest income and interest expense constitutes its most significant expense, this segment, as well as our discontinued operations, are reported below using net interest income (interest income less interest expense) and noninterest income (primarily net gains on sales of SBA loans and fee income). We do not allocate general and administrative expenses or income taxes to our operating segment.
The following table sets forth information regarding the net interest income and noninterest income for our commercial banking and discontinued operations segments, respectively, for the three and six months ended June 30, 2015 and 2014.
(Dollars in thousands)
Commercial
 
Other
 
Total from continuing operations
 
Discontinued Operations
 
Total including discontinued operations
Net interest income for the three months ended June 30,
 
 
 
 
 
 
 
 
 
2015
$
8,562

 
$
(73
)
 
$
8,489

 
$
—

 
$
8,489

2014
$
7,698

 
$
(72
)
 
$
7,626

 
$
3

 
$
7,629

Noninterest income for the three months ended June 30,
 
 
 
 
 
 
 
 
 
2015
$
613

 
$
3

 
$
616

 
$
—

 
$
616

2014
$
984

 
$
—

 
$
984

 
$
(254
)
 
$
730

Net interest income for the six months ended June 30,
 
2015
$
16,805

 
$
(167
)
 
$
16,638

 
$
—

 
$
16,638

2014
$
15,539

 
$
(69
)
 
$
15,470

 
$
77

 
$
15,547

Noninterest income for the six months ended June 30,
 
 
 
 
 
 
 
 
 
2015
$
1,492

 
$
6

 
$
1,498

 
$
—

 
$
1,498

2014
$
2,162

 
$
—

 
$
2,162

 
$
1,435

 
$
3,597

Segment Assets at:
 
 
 
 
 
 
 
 
 
June 30, 2015
$
1,041,558

 
$
5,303

 
$
1,046,861

 
$
—

 
$
1,046,861

December 31, 2014
$
1,094,120

 
$
5,490

 
$
1,099,610

 
$
—

 
$
1,099,610