SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2023

The following presents the financial information for each segment that is specifically identifiable or based on allocations using internal methods as of or during the periods presented (dollars in thousands):


As of or for the three months ended March 31, 2023	Wealth Management		Mortgage		Consolidated
Income Statement
Total interest income	$	34,600	$	112	$	34,712
Total interest expense	15,152		—		15,152
(Release) provision for credit losses	(310)		—		(310)
Net interest income, after (release) provision for credit losses	19,758		112		19,870
Non-interest income	4,785		1,034		5,819
Total income before non-interest expense	24,543		1,146		25,689
Depreciation and amortization expense	586		8		594
All other non-interest expense	18,202		1,732		19,934
Income before income taxes	$	5,755	$	(594)	$	5,161

Goodwill	$	30,400	$	—	$	30,400
Total assets	2,956,908		11,599		2,968,507


As of or for the three months ended March 31, 2022	Wealth Management		Mortgage		Consolidated
Income Statement
Total interest income	$	19,685	$	191	$	19,876
Total interest expense	1,381		—		1,381
(Release) provision for credit losses	210		—		210
Net interest income, after provision for credit losses	18,094		191		18,285
Non-interest income	6,062		2,327		8,389
Total income before non-interest expense	24,156		2,518		26,674
Depreciation and amortization expense	548		12		560
All other non-interest expense	16,597		2,201		18,798
Income before income taxes	$	7,011	$	305	$	7,316

Goodwill	$	30,400	$	—	$	30,400
Total assets	2,539,473		37,188		2,576,661