Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Reconciliation of Assets and Revenues from Segment to Consolidated

Information about reportable segments, and reconciliation of such information to the consolidated financial statements as of and for the three months ended March 31, 2017 and 2016 follows:

	Three Months Ended March 31, 2017
	Bank			Trust		Parent			Eliminations			Consolidated
	(in thousands)
Revenues
Interest and dividend income	$	7,708		$	17	$	1,041		$	(1,041	)	$	7,725
Income from fiduciary activities		0			966		0			0			966
Other income		1,955			257		50			(65	)		2,197
Total operating income		9,663			1,240		1,091			(1,106	)		10,888
Expenses
Interest expense		588			0		0			0			588
Provision for loan losses		650			0		0			0			650
Salaries and employee benefits		4,255			727		115			0			5,097
Other expenses		3,325			264		85			(65	)		3,609
Total operating expenses		8,818			991		200			(65	)		9,944
Income before taxes		845			249		891			(1,041	)		944
Income tax expense (benefit)		(32	)		85		(51	)		0			2
Net income	$	877		$	164	$	942		$	(1,041	)	$	942
Capital expenditures	$	250		$	0	$	0		$	0		$	250
Total assets	$	917,101		$	5,880	$	95,127		$	(95,332	)	$	922,776

	Three Months Ended March 31, 2016
	Bank		Trust		Parent			Eliminations			Consolidated
	(in thousands)
Revenues
Interest and dividend income	$	7,351	$	14	$	1,146		$	(1,146	)	$	7,365
Income from fiduciary activities		0		901		0			0			901
Other income		2,503		276		50			(65	)		2,764
Total operating income		9,854		1,191		1,196			(1,211	)		11,030
Expenses
Interest expense		719		0		0			0			719
Provision for loan losses		150		0		0			0			150
Salaries and employee benefits		4,362		678		114			0			5,154
Other expenses		3,615		261		126			(65	)		3,937
Total operating expenses		8,846		939		240			(65	)		9,960
Income before taxes		1,008		252		956			(1,146	)		1,070
Income tax expense (benefit)		28		86		(65	)		0			49
Net income	$	980	$	166	$	1,021		$	(1,146	)	$	1,021
Capital expenditures	$	367	$	4	$	0		$	0		$	371
Total assets	$	851,716	$	5,865	$	94,236		$	(94,970	)	$	856,847

The accounting policies of the segments are the same as those described in the summary of significant accounting policies reported in the Company's 2016 annual report on Form 10-K. The Company evaluates performance based on profit or loss from operations before income taxes, not including nonrecurring gains or losses.

Both the Parent and the Trust companies maintain deposit accounts with the Bank, on terms substantially similar to those available to other customers. These transactions are eliminated to reach consolidated totals.