SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2020

SEGMENT REPORTING

Schedule of segment data

The tables below present the financial information for each segment that is specifically identifiable or based on allocations using internal methods for the three months ended June 30, 2020 and 2019 (in thousands):

Three Months Ended June 30, 2020	Wealth Management		Capital Management		Mortgage		Consolidated
Income Statement
Total interest income	$	12,470	$	—	$	—	$	12,470
Total interest expense		1,674		—		—		1,674
Provision for loan losses		2,124		—		—		2,124
Net interest income		8,672		—		—		8,672
Non-interest income		4,442		788		10,197		15,427
Total income		13,114		788		10,197		24,099
Depreciation and amortization expense		233		22		21		276
All other non-interest expense		9,785		714		1,869		12,368
Income before income tax	$	3,096	$	52	$	8,307	$	11,455
Goodwill	$	20,499	$	3,692	$	—	$	24,191
Assets held for sale		10		3,000		—		3,010
Total assets	$	1,722,465	$	8,492	$	79,569	$	1,810,526

Three Months Ended June 30, 2019	Wealth Management		Capital Management			Mortgage		Consolidated
Income Statement
Total interest income	$	11,174	$	—		$	—	$	11,174
Total interest expense		3,214		—			—		3,214
Provision for (recovery of) loan losses		(78)		—			—		(78)
Net interest income		8,038		—			—		8,038
Non-interest income		4,512		798			3,276		8,586
Total income		12,550		798			3,276		16,624
Depreciation and amortization expense		301		95			73		469
All other non-interest expense		10,432		2,313	(1)		1,445		14,190
Income (loss) before income tax	$	1,817	$	(1,610)		$	1,758	$	1,965
Goodwill	$	15,994	$	7,245		$	—	$	23,239
Total assets	$	1,145,910	$	9,025		$	35,530	$	1,190,465

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(1) Includes goodwill impairment charge of $1.6 million.

Six Months Ended June 30, 2020	Wealth Management		Capital Management			Mortgage		Consolidated
Income Statement
Total interest income	$	23,982	$	—		$	—	$	23,982
Total interest expense		4,255		—			—		4,255
Provision for loan losses		2,491		—			—		2,491
Net interest income		17,236		—			—		17,236
Non-interest income		8,900		1,593			12,701		23,194
Total income		26,136		1,593			12,701		40,430
Depreciation and amortization expense		466		44			42		552
All other non-interest expense		20,955		2,145	(1)		3,639		26,739
Income (loss) before income tax	$	4,715	$	(596)		$	9,020	$	13,139
Goodwill	$	20,499	$	3,692		$	—	$	24,191
Assets held for sale		10		3,000			—		3,010
Total assets	$	1,722,465	$	8,492		$	79,569	$	1,810,526

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(1) Includes loss on assets held for sale of $0.6 million.

Six Months Ended June 30, 2019	Wealth Management		Capital Management			Mortgage		Consolidated
Income Statement
Total interest income	$	22,224	$	—		$	—	$	22,224
Total interest expense		6,293		—			—		6,293
Provision for loan losses		116		—			—		116
Net interest income		15,815		—			—		15,815
Non-interest income		9,244		1,563			4,755		15,562
Total income		25,059		1,563			4,755		31,377
Depreciation and amortization expense		632		226			138		996
All other non-interest expense		20,499		3,008	(1)		2,758		26,265
Income (loss) before income tax	$	3,928	$	(1,671)		$	1,859	$	4,116
Goodwill	$	15,994	$	7,245		$	—	$	23,239
Total assets	$	1,145,910	$	9,025		$	35,530	$	1,190,465

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(1) Includes goodwill impairment charge of $1.6 million.