Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

The following tables present information reported internally for performance assessment for the three months ended March 31, 2025 and 2024:


(dollars in thousands)	Bank			Mortgage Banking		Small Business Specialty Lending Division			Totals
Three Months Ended March 31, 2025
Net Interest Income	$	19,989		$	53	$	910		$	20,952
Provision for Credit Losses	1,221			—		279			1,500
Net Interest Income after Provision for Credit Losses	18,768			53		631			19,452
Mortgage Fee Income	—			1,579		—			1,579
Gain on Sale of SBA Loans	—			—		1,035			1,035
Other	5,774		(1)	—		656		(2)	6,430
Total Noninterest Income	5,774			1,579		1,691			9,044
Salaries and Employee Benefits	8,887			1,455		1,563			11,905
Other (3)	7,903			146		267			8,316
Total Noninterest Expense	16,790			1,601		1,830			20,221
Income Taxes	1,551			10		101			1,662
Segment Profit	$	6,201		$	21	$	391		$	6,613

Segments Assets at March 31, 2025	$	3,065,385		$	16,041	$	90,399		$	3,171,825

Full time employees March 31, 2025	366			42		35			443

(1) Includes service charges on deposits, interchange fees, BOLI income, insurance commissions and other noninterest income.
(2) Represents SBA loan related fee income.
(3) Includes occupancy and equipment, information technology expense, professional fees, advertising and public relations, communications and other noninterest expenses.


(dollars in thousands)	Bank			Mortgage Banking		Small Business Specialty Lending Division			Totals
Three Months Ended March 31, 2024
Net Interest Income	$	17,552		$	40	$	1,062		$	18,654
Provision for Credit Losses	455			—		545			1,000
Net Interest Income after Provision for Credit Losses	17,097			40		517			17,654
Mortgage Fee Income	84			1,165		—			1,249
Gain on Sale of SBA Loans	—			—		2,046			2,046
Other	5,596		(1)	—		596		(2)	6,192
Total Noninterest Income	5,680			1,165		2,642			9,487
Salaries and Employee Benefits	9,166			1,224		1,628			12,018
Other (3)	7,963			(6)		422			8,379
Total Noninterest Expense	17,129			1,218		2,050			20,397
Income Taxes	1,166			1		244			1,411
Segment Profit	$	4,482		$	(14)	$	865		$	5,333

Segments Assets at December 31, 2024	$	2,985,856		$	17,970	$	105,956		$	3,109,782

Full time employees at March 31, 2024	377			43		31			451

(1) Includes service charges on deposits, loss on sales of securities, interchange fees, BOLI income, insurance commissions and other noninterest income.
(2) Represents SBA loan related fee income.
(3) Includes occupancy and equipment, information technology expense, professional fees, advertising and public relations, communications and other noninterest expenses.