Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Segment Financial Information

The following segment financial information has been derived from the internal financial statements of the Company which are used by management to monitor and manage financial performance. The accounting policies of the three segments are the same as those of the Company. The evaluation process for segments does not include holding company income and expense. Holding company amounts are the primary differences between segment amounts and consolidated totals, and are reflected in the column labeled “Other” below, along with amounts to eliminate transactions between segments.


	Core Banking		Wealth Management Services		Insurance		Other		Consolidated Totals
Year Ended December 31, 2021
Net Interest Income	$	163,395	$	42	$	11	$	(2,618)	$	160,830
Net Gains on Sales of Loans	8,267		—		—		—		8,267
Net Gains on Securities	2,247		—		—		—		2,247
Wealth Management and Investment Services Income	4		10,317		—		—		10,321
Insurance Revenues	14		7		9,247		—		9,268
Noncash Items:
Provision for Credit Losses	(6,500)		—		—		—		(6,500)
Depreciation and Amortization	8,346		46		57		321		8,770
Income Tax Expense (Benefit)	18,774		826		652		(1,604)		18,648
Segment Profit (Loss)	82,066		2,543		2,034		(2,506)		84,137
Segment Assets at December 31, 2021	5,595,721		6,115		12,245		(5,542)		5,608,539


	Core Banking		Wealth Management Services		Insurance		Other		Consolidated Totals
Year Ended December 31, 2020
Net Interest Income	$	157,936	$	18	$	11	$	(2,722)	$	155,243
Net Gains on Sales of Loans	9,908		—		—		—		9,908
Net Gains on Securities	4,081		—		—		—		4,081
Wealth Management and Investment Services Income	3		8,002		—		—		8,005
Insurance Revenues	12		15		8,895		—		8,922
Noncash Items:
Provision for Credit Losses	17,550		—		—		—		17,550
Depreciation and Amortization	9,012		28		68		321		9,429
Income Tax Expense (Benefit)	13,758		452		536		(1,912)		12,834
Segment Profit (Loss)	60,812		1,355		1,655		(1,612)		62,210
Segment Assets at December 31, 2020	4,963,655		4,480		10,263		(821)		4,977,577


	Core Banking		Wealth Management Services		Insurance		Other		Consolidated Totals
Year Ended December 31, 2019
Net Interest Income	$	147,735	$	15	$	18	$	(2,543)	$	145,225
Net Gains on Sales of Loans	4,633		—		—		—		4,633
Net Gains on Securities	1,248		—		—		—		1,248
Wealth Management and Investment Services Income	4		7,274		—		—		7,278
Insurance Revenues	25		28		8,887		—		8,940
Noncash Items:
Provision for Loan Losses	5,325		—		—		—		5,325
Depreciation and Amortization	8,265		6		71		288		8,630
Income Tax Expense (Benefit)	12,724		469		511		(1,687)		12,017
Segment Profit (Loss)	58,793		1,366		1,538		(2,475)		59,222
Segment Assets at December 31, 2019	4,381,945		3,670		9,080		2,977		4,397,672