XML 82 R71.htm IDEA: XBRL DOCUMENT v3.22.1
Segment Reporting (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2022
USD ($)
segment
Mar. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
Segment Reporting Information [Line Items]      
Number of reportable segments | segment 5    
Interest income $ 23,262 $ 19,063  
Interest expense 1,414 1,558  
NET INTEREST INCOME 21,848 17,505  
Provision for loan losses 1,280 618  
Net interest income after provision for loan losses 20,568 16,887  
Noninterest Income:      
Total noninterest income 11,870 12,458  
Noninterest Expenses:      
Salaries and employee benefits 17,961 11,911  
Other expenses 10,901 7,207  
Total noninterest expense 28,862 19,118  
Income before income taxes 3,576 10,227  
Income taxes 905 2,169  
Net income before noncontrolling interest 2,671 8,058  
Net loss attributable to noncontrolling interest 193 27  
Net income attributable to parent 2,864 8,085  
Preferred stock dividends 0 35  
Net income available to common shareholders 2,864 8,050  
Capital expenditures 1,227 1,936  
Assets 2,893,464   $ 2,792,449
Goodwill 3,988   3,988
Operating Segments | CoRe Banking      
Segment Reporting Information [Line Items]      
Interest income 23,171 18,959  
Interest expense 659 1,092  
NET INTEREST INCOME 22,512 17,867  
Provision for loan losses 1,280 620  
Net interest income after provision for loan losses 21,232 17,247  
Noninterest Income:      
Total noninterest income 6,898 4,745  
Noninterest Expenses:      
Salaries and employee benefits 9,508 7,836  
Other expenses 11,048 7,440  
Total noninterest expense 20,556 15,276  
Income before income taxes 7,574 6,716  
Income taxes 1,631 1,137  
Net income before noncontrolling interest 5,943 5,579  
Net loss attributable to noncontrolling interest 0 0  
Net income attributable to parent   5,579  
Preferred stock dividends   0  
Net income available to common shareholders 5,943 5,579  
Capital expenditures 250 1,936  
Assets 2,908,045   2,804,840
Goodwill 0   0
Operating Segments | Mortgage Banking      
Segment Reporting Information [Line Items]      
Interest income 103 104  
Interest expense 0 0  
NET INTEREST INCOME 103 104  
Provision for loan losses 0 (2)  
Net interest income after provision for loan losses 103 106  
Noninterest Income:      
Total noninterest income 1,223 6,407  
Noninterest Expenses:      
Salaries and employee benefits 0 0  
Other expenses 0 63  
Total noninterest expense 0 63  
Income before income taxes 1,326 6,450  
Income taxes 341 1,564  
Net income before noncontrolling interest 985 4,886  
Net loss attributable to noncontrolling interest 0 0  
Net income attributable to parent   4,886  
Preferred stock dividends   0  
Net income available to common shareholders 985 4,886  
Capital expenditures 0 0  
Assets 51,632   50,202
Goodwill 0   0
Operating Segments | Professional Services      
Segment Reporting Information [Line Items]      
Interest income 0 0  
Interest expense 7 0  
NET INTEREST INCOME (7) 0  
Provision for loan losses 0 0  
Net interest income after provision for loan losses (7) 0  
Noninterest Income:      
Total noninterest income 5,557 1,692  
Noninterest Expenses:      
Salaries and employee benefits 3,798 894  
Other expenses 1,155 518  
Total noninterest expense 4,953 1,412  
Income before income taxes 597 280  
Income taxes 164 59  
Net income before noncontrolling interest 433 221  
Net loss attributable to noncontrolling interest 95 0  
Net income attributable to parent   221  
Preferred stock dividends   0  
Net income available to common shareholders 528 221  
Capital expenditures 21 0  
Assets 14,677   0
Goodwill 3,988   3,988
Operating Segments | Edge Ventures      
Segment Reporting Information [Line Items]      
Interest income 0 0  
Interest expense 0 0  
NET INTEREST INCOME 0 0  
Provision for loan losses 0 0  
Net interest income after provision for loan losses 0 0  
Noninterest Income:      
Total noninterest income 75 0  
Noninterest Expenses:      
Salaries and employee benefits 599 112  
Other expenses 1,047 71  
Total noninterest expense 1,646 183  
Income before income taxes (1,571) (183)  
Income taxes (362) (47)  
Net income before noncontrolling interest (1,209) (136)  
Net loss attributable to noncontrolling interest 98 27  
Net income attributable to parent   (109)  
Preferred stock dividends   0  
Net income available to common shareholders (1,111) (109)  
Capital expenditures 618 0  
Assets 18,947   0
Goodwill 0   0
Operating Segments | Financial Holding Company      
Segment Reporting Information [Line Items]      
Interest income (7) 1  
Interest expense 753 466  
NET INTEREST INCOME (760) (465)  
Provision for loan losses 0 0  
Net interest income after provision for loan losses (760) (465)  
Noninterest Income:      
Total noninterest income 2,671 1,581  
Noninterest Expenses:      
Salaries and employee benefits 4,056 3,069  
Other expenses 2,205 1,083  
Total noninterest expense 6,261 4,152  
Income before income taxes (4,350) (3,036)  
Income taxes (869) (544)  
Net income before noncontrolling interest (3,481) (2,492)  
Net loss attributable to noncontrolling interest 0 0  
Net income attributable to parent   (2,492)  
Preferred stock dividends   35  
Net income available to common shareholders (3,481) (2,527)  
Capital expenditures 338 0  
Assets 349,824   363,971
Goodwill 0   0
Intercompany Eliminations      
Segment Reporting Information [Line Items]      
Interest income (5) (1)  
Interest expense (5) 0  
NET INTEREST INCOME 0 (1)  
Provision for loan losses 0 0  
Net interest income after provision for loan losses 0 (1)  
Noninterest Income:      
Total noninterest income (4,554) (1,967)  
Noninterest Expenses:      
Salaries and employee benefits 0 0  
Other expenses (4,554) (1,968)  
Total noninterest expense (4,554) (1,968)  
Income before income taxes 0 0  
Income taxes 0 0  
Net income before noncontrolling interest 0 0  
Net loss attributable to noncontrolling interest 0 0  
Net income attributable to parent   0  
Preferred stock dividends   0  
Net income available to common shareholders 0 0  
Capital expenditures 0 $ 0  
Assets (449,661)   (449,688)
Goodwill $ 0   $ 0