SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2021

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 as of and for the three months ended March 31, 2021 and 2020 (in thousands):

As of and for the three months ended March 31, 2021	Wealth Management		Mortgage		Consolidated
Income Statement
Total interest income	$	14,499	$	—	$	14,499
Total interest expense		1,446		—		1,446
Provision for loan losses		—		—		—
Net interest income, after provision for loan losses		13,053		—		13,053
Non-interest income		5,418		5,197		10,615
Total income		18,471		5,197		23,668
Depreciation and amortization expense		258		14		272
All other non-interest expense		12,296		3,061		15,357
Income before income tax	$	5,917	$	2,122	$	8,039
Goodwill	$	24,191	$	—	$	24,191
Total assets	$	2,025,720	$	185,858	$	2,211,578

As of and for the three months ended March 31, 2020	Wealth Management			Mortgage		Consolidated
Income Statement
Total interest income	$	11,512		$	—	$	11,512
Total interest expense		2,581			—		2,581
Provision for loan losses		367			—		367
Net interest income, after provision for loan losses		8,564			—		8,564
Non-interest income		5,263			2,504		7,767
Total income		13,827			2,504		16,331
Depreciation and amortization expense		256			20		276
All other non-interest expense		12,601	(1)		1,770		14,371
Income before income tax	$	970		$	714	$	1,684
Goodwill	$	19,686		$	—	$	19,686
Assets held for sale		3,000			—		3,000
Total assets	$	1,289,762		$	64,101	$	1,353,863

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