XML 27 R32.htm IDEA: XBRL DOCUMENT v3.19.3
Segment Information (Tables)
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Schedule of Segment Information
Summarized financial information for the Company's reportable segments and the reconciliation to the consolidated financial results is shown in the following tables:
 
Three Months Ended September 30, 2019
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$17,108

 

$729

 

$17,837

Interest expense
1,108

 
423

 
1,531

   Net interest income
16,000

 
306

 
16,306

Benefit for loan losses
(2,075
)
 
—

 
(2,075
)
Other operating income
2,944

 
7,565

 
10,509

Other operating expense
13,126

 
6,198

 
19,324

   Income before provision for income taxes
7,893

 
1,673

 
9,566

Provision for income taxes
1,550

 
478

 
2,028

Net income

$6,343

 

$1,195

 

$7,538



 
Three Months Ended September 30, 2018
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$15,923

 

$657

 

$16,580

Interest expense
565

 
196

 
761

   Net interest income
15,358

 
461

 
15,819

Provision for loan losses
—

 
—

 
—

Other operating income
2,770

 
5,903

 
8,673

Other operating expense
12,204

 
5,895

 
18,099

   Income before provision for income taxes
5,924

 
469

 
6,393

Provision for income taxes
996

 
133

 
1,129

Net income

$4,928

 

$336

 

$5,264


 
Nine Months Ended September 30, 2019
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$50,377

 

$1,644

 

$52,021

Interest expense
3,256

 
733

 
3,989

   Net interest income
47,121

 
911

 
48,032

Benefit for loan losses
(1,025
)
 
—

 
(1,025
)
Other operating income
9,798

 
17,813

 
27,611

Other operating expense
39,755

 
16,468

 
56,223

   Income before provision for income taxes
18,189

 
2,256

 
20,445

Provision for income taxes
3,689

 
645

 
4,334

Net income

$14,500

 

$1,611

 

$16,111


 
Nine Months Ended September 30, 2018
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$45,443

 

$1,527

 

$46,970

Interest expense
1,435

 
464

 
1,899

   Net interest income
44,008

 
1,063

 
45,071

Benefit for loan losses
(300
)
 
—

 
(300
)
Other operating income
8,124

 
16,325

 
24,449

Other operating expense
36,319

 
15,181

 
51,500

   Income before provision for income taxes
16,113

 
2,207

 
18,320

Provision for income taxes
2,537

 
627

 
3,164

Net income

$13,576

 

$1,580

 

$15,156


September 30, 2019
 
 
 
 
 
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Total assets

$1,499,700

 

$116,931

 

$1,616,631

Loans held for sale

$—

 

$81,942

 

$81,942


December 31, 2018
 
 
 
 
 
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Total assets

$1,443,745

 

$59,243

 

$1,502,988

Loans held for sale

$—

 

$34,710

 

$34,710