Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Information About the Reportable Segments and Reconciliation to the Consolidated Financial Statements

The following tables present information about the reportable segments and reconciliation to the consolidated financial statements for the periods indicated:

Three Months Ended March 31, 2022	CoRe Banking		Mortgage Banking		Professional Services		Edge Ventures		Financial Holding Company		Intercompany Eliminations		Consolidated
(Dollars in thousands)
Interest income	$	23,171	$	103	$	—	$	—	$	(7)	$	(5)	$	23,262
Interest expense	659		—		7		—		753		(5)		1,414
Net interest income (expense)	22,512		103		(7)		—		(760)		—		21,848
Provision for loan losses	1,280		—		—		—		—		—		1,280
Net interest income (expense) after provision for loan losses	21,232		103		(7)		—		(760)		—		20,568
Total noninterest income	6,898		1,223		5,557		75		2,671		(4,554)		11,870
Noninterest Expenses:
Salaries and employee benefits	9,508		—		3,798		599		4,056		—		17,961
Other expenses	11,048		—		1,155		1,047		2,205		(4,554)		10,901
Total noninterest expenses	20,556		—		4,953		1,646		6,261		(4,554)		28,862
Income (loss) before income taxes	7,574		1,326		597		(1,571)		(4,350)		—		3,576
Income taxes	1,631		341		164		(362)		(869)		—		905
Net income (loss)	5,943		985		433		(1,209)		(3,481)		—		2,671
Net loss attributable to noncontrolling interest	—		—		95		98		—		—		193
Net income (loss) available to common shareholders	$	5,943	$	985	$	528	$	(1,111)	$	(3,481)	$	—	$	2,864
Capital expenditures for the three months ended March 31, 2022	$	250	$	—	$	21	$	618	$	338	$	—	$	1,227
Total assets as of March 31, 2022	2,908,045		51,632		14,677		18,947		349,824		(449,661)		2,893,464
Total assets as of December 31, 2021	2,804,840		50,202		—		—		363,971		(449,688)		2,792,449
Goodwill as of March 31, 2022	—		—		3,988		—		—		—		3,988
Goodwill as of December 31, 2021	—		—		3,988		—		—		—		3,988

Three Months Ended March 31, 2021	CoRe Banking		Mortgage Banking		Professional Services		Edge Ventures		Financial Holding Company		Intercompany Eliminations		Consolidated
(Dollars in thousands)
Interest income	$	18,959	$	104	$	—	$	—	$	1	$	(1)	$	19,063
Interest expense	1,092		—		—		—		466		—		1,558
Net interest income (expense)	17,867		104		—		—		(465)		(1)		17,505
Provision for (release of) loan losses	620		(2)		—		—		—		—		618
Net interest income (expense) after provision for (release of) loan losses	17,247		106		—		—		(465)		(1)		16,887
Total noninterest income	4,745		6,407		1,692		—		1,581		(1,967)		12,458
Noninterest Expenses:
Salaries and employee benefits	7,836		—		894		112		3,069		—		11,911
Other expenses	7,440		63		518		71		1,083		(1,968)		7,207
Total noninterest expenses	15,276		63		1,412		183		4,152		(1,968)		19,118
Income (loss) before income taxes	6,716		6,450		280		(183)		(3,036)		—		10,227
Income taxes	1,137		1,564		59		(47)		(544)		—		2,169
Net income (loss)	5,579		4,886		221		(136)		(2,492)		—		8,058
Net loss attributable to noncontrolling interest	—		—		—		27		—		—		27
Net income (loss) attributable to parent	5,579		4,886		221		(109)		(2,492)		—		8,085
Preferred stock dividends	—		—		—		—		35		—		35
Net income (loss) available to common shareholders	$	5,579	$	4,886	$	221	$	(109)	$	(2,527)	$	—	$	8,050
Capital expenditures for the three months ended March 31, 2021	$	1,936	$	—	$	—	$	—	$	—	$	—	$	1,936