Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

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
Three Months Ended
March 31, 2023
Net Interest Income	$	50,141	$	25	$	14	$	(1,171)	$	49,009
Net Gains on Sales of Loans	587		—		—		—		587
Net Gains on Securities	2		—		—		—		2
Wealth Management Fees	2		2,642		—		—		2,644
Insurance Revenues	1		17		3,117		—		3,135
Noncash Items:
Provision (Benefit) for Credit Losses	1,100		—		—		—		1,100
Depreciation and Amortization	2,293		10		12		114		2,429
Income Tax Expense (Benefit)	4,401		130		227		(305)		4,453
Segment Profit (Loss)	20,565		606		1,061		(1,425)		20,807
Segment Assets at March 31, 2023	5,990,410		9,260		15,346		(18,097)		5,996,919


	Core Banking		Wealth Management Services		Insurance		Other		Consolidated Totals
Three Months Ended
March 31, 2022
Net Interest Income	$	47,665	$	5	$	3	$	(765)	$	46,908
Net Gains on Sales of Loans	1,421		—		—		—		1,421
Net Gains on Securities	372		—		—		—		372
Wealth Management Fees	1		2,637		—		—		2,638
Insurance Revenues	27		1		3,693		—		3,721
Noncash Items:
Provision (Benefit) for Credit Losses	5,200		—		—		—		5,200
Depreciation and Amortization	2,518		10		12		114		2,654
Income Tax Expense (Benefit)	616		204		450		(601)		669
Segment Profit (Loss)	8,429		640		1,429		(1,431)		9,067
Segment Assets at December 31, 2022	6,152,346		8,846		14,706		(19,907)		6,155,991