SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2026

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, 2026	Wealth Management		Mortgage		Consolidated
Income Statement
Total interest income	$	40,701	$	404	$	41,105
Total interest expense	20,222		—		20,222
Release of credit losses	(728)		—		(728)
Net interest income, after release of credit losses	21,207		404		21,611
Net (loss) gain on mortgage loans	(8)		1,466		1,458
All other non-interest income(1)	5,198		—		5,198
Total income before non-interest expense	26,397		1,870		28,267
Salaries and employee benefits expense	11,739		1,196		12,935
Depreciation and amortization expense	635		5		640
All other non-interest expense(2)	6,181		408		6,589
Income before income taxes	$	7,842	$	261	$	8,103

Goodwill	$	30,400	$	—	$	30,400
Total assets	3,209,437		31,280		3,240,717

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(1)All other non-interest income for Wealth Management primarily includes Trust and investment management fees, Bank fees, Risk management and Insurance fees, and Income on company-owned life insurance.

(2)All other non-interest expense for Wealth Management primarily includes Occupancy and equipment, Professional services, Data processing, Technology and information systems, and Other. All other non-interest expense for Mortgage primarily includes Data processing, Occupancy and equipment, and Other.


As of or for the three months ended March 31, 2025	Wealth Management		Mortgage		Consolidated
Income Statement
Total interest income	$	37,026	$	183	$	37,209
Total interest expense	19,756		—		19,756
Provision for credit losses	80		—		80
Net interest income, after provision for credit losses	17,190		183		17,373
Net (loss) gain on mortgage loans	(15)		1,082		1,067
All other non-interest income(1)	6,278		—		6,278
Total income before non-interest expense	23,453		1,265		24,718
Salaries and employee benefits expense	10,635		845		11,480
Depreciation and amortization expense	667		5		672
All other non-interest expense(2)	6,815		394		7,209
Income before income taxes	$	5,336	$	21	$	5,357

Goodwill	$	30,400	$	—	$	30,400
Total assets	2,893,676		12,624		2,906,300

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(1)All other non-interest income for Wealth Management primarily includes Trust and investment management fees, Bank fees, Risk management and insurance fees, and Net gain on other real estate owned.

(2)All other non-interest expense for Wealth Management primarily includes Occupancy and equipment, Professional services, Technology and information systems, Data processing, and Other. All other non-interest expense for Mortgage primarily includes Occupancy and equipment, Data processing, and Other.