Segment Disclosures

12 Months Ended

Dec. 31, 2024

Segment Disclosures [Abstract]

Segment Disclosures

(22) Segment Disclosures

The Company has one reportable segment: banking operations.  The Company is engaged in a single line of business, indicative of a traditional banking institution, gathering deposits and originating loans in its primary market areas.  Loans, interest bearing accounts, investment securities, deposits, and non-interest income provide the revenues of the banking operation.  Loan products offered to customers generate a majority of the Company’s interest and dividend income.  Deposit products offered to customers generate non-interest income such as fees and service charges.  Interest income on securities, net gains on sales of loans, and debit card income are other sources of revenue.  Interest expense, provisions for credit losses, salaries and employee benefits, occupancy and equipment, and data processing provide significant expenses in banking operations. The Company manages its operations, allocates resources and monitors and reports its financials as a single operating segment.  The Company's Chief Executive Officer is considered the Chief Operating Decision Maker.  The Chief Operating Decision Maker evaluates segment performance using consolidated net income.

Accounting policies for segments are the same as those described in Note 1 of Notes to Consolidated Financial Statements.

	For the Year Ended December 31
	2024			2023
Interest and dividend income	$	78,652		$	74,123
Reconciliation of revenue:
Other revenues		6,019			7,845
Total consolidated revenue		84,671			81,968
Less:
Interest expense		14,292			7,584
Segment net interest income and noninterest income		70,379			74,384
Less:
(Reversal of) provision for credit losses		(250	)		1,100
Salaries and employee benefits		23,850			25,914
Occupancy and equipment		4,736			4,329
Data processing		4,224			4,043
Other banking segment items		9,979			9,352
Provision for income taxes		7,806			8,092
Segment net income/consolidated net income	$	20,034		$	21,554
Reconciliation of assets:
Total assets for reportable segment	$	1,891,722		$	1,871,832
Other assets		—			—
Total consolidated assets	$	1,891,722		$	1,871,832