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Business Segment Information
6 Months Ended
Jun. 30, 2016
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.
Since our operating segment derives all of its revenues from interest and noninterest income and interest expense constitutes its most significant expense, this segment is reported below using net interest income (interest income less interest expense) and noninterest income (primarily net gains on sales of small business administration 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 segment for the three and six months ended June 30, 2016 and 2015.
(Dollars in thousands)
Commercial
 
Other(1)
 
Total
Net interest income for the three months ended June 30,
 
 
 
 
 
2016
$
8,623

 
$
(143
)
 
$
8,480

2015
$
8,562

 
$
(73
)
 
$
8,489

Noninterest income for the three months ended June 30,
 
 
 
 
 
2016
$
859

 
$
5

 
$
864

2015
$
613

 
$
3

 
$
616

Net interest income for the six months ended June 30,
 
2016
$
17,465

 
$
(282
)
 
$
17,183

2015
$
16,805

 
$
(167
)
 
$
16,638

Noninterest income for the six months ended June 30,
 
 
 
 
 
2016
$
1,600

 
$
18

 
$
1,618

2015
$
1,492

 
$
6

 
$
1,498

Segment Assets at:
 
 
 
 
 
June 30, 2016
$
1,084,682

 
$
16,233

 
$
1,100,915

December 31, 2015
$
1,051,501

 
$
10,888

 
$
1,062,389


 
(1)
Represents net interest income and noninterest income for PMAR and PMBC.