Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2018

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 and nine months ended September 30, 2018 and 2017 follows:

	Three Months Ended September 30, 2018
	Bank		Trust			Parent			Eliminations			Consolidated
	(in thousands)
Revenues
Interest and dividend income	$	9,788	$	26		$	1,767		$	(1,767	)	$	9,814
Income from fiduciary activities		-		904			-			-			904
Other income		2,258		226			50			(65	)		2,469
Total operating income		12,046		1,156			1,817			(1,832	)		13,187
Expenses
Interest expense		1,265		-			34			-			1,299
Provision for loan losses		749		-			-			-			749
Salaries and employee benefits		4,754		747			107			-			5,608
Other expenses		3,485		287			112			(65	)		3,819
Total operating expenses		10,253		1,034			253			(65	)		11,475
Income before taxes		1,793		122			1,564			(1,767	)		1,712
Income tax expense (benefit)		122		26			(33	)		-			115
Net income	$	1,671	$	96		$	1,597		$	(1,767	)	$	1,597
Capital expenditures	$	123	$	(1	)	$	-		$	-		$	122
Total assets	$	1,019,780	$	6,084		$	102,459		$	(102,883	)	$	1,025,440

	Three Months Ended September 30, 2017
	Bank			Trust		Parent			Eliminations			Consolidated
	(in thousands)
Revenues
Interest and dividend income	$	8,550		$	18	$	898		$	(898	)	$	8,568
Income from fiduciary activities		-			903		-			-			903
Other income		2,068			198		50			(65	)		2,251
Total operating income		10,618			1,119		948			(963	)		11,722
Expenses
Interest expense		837			-		-			-			837
Provision for loan losses		1,275			-		-			-			1,275
Salaries and employee benefits		4,343			657		104			-			5,104
Other expenses		3,457			253		160			(65	)		3,805
Total operating expenses		9,912			910		264			(65	)		11,021
Income before taxes		706			209		684			(898	)		701
Income tax expense (benefit)		(55	)		72		(73	)		-			(56	)
Net income	$	761		$	137	$	757		$	(898	)	$	757
Capital expenditures	$	60		$	6	$	-		$	-		$	66
Total assets	$	948,377		$	6,141	$	97,645		$	(97,666	)	$	954,497

	Nine Months Ended September 30, 2018
	Bank		Trust		Parent			Eliminations			Consolidated
	(in thousands)
Revenues
Interest and dividend income	$	28,136	$	69	$	4,578		$	(4,576	)	$	28,207
Income from fiduciary activities		-		2,803		-			-			2,803
Other income		6,404		748		180			(196	)		7,136
Total operating income		34,540		3,620		4,758			(4,772	)		38,146
Expenses
Interest expense		3,455		-		66			-			3,521
Provision for loan losses		1,849		-		-			-			1,849
Salaries and employee benefits		14,455		2,242		323			-			17,020
Other expenses		10,470		822		945			(196	)		12,041
Total operating expenses		30,229		3,064		1,334			(196	)		34,431
Income before taxes		4,311		556		3,424			(4,576	)		3,715
Income tax expense (benefit)		173		118		(107	)		-			184
Net income	$	4,138	$	438	$	3,531		$	(4,576	)	$	3,531
Capital expenditures	$	439	$	-	$	-		$	-		$	439
Total assets	$	1,019,780	$	6,084	$	102,459		$	(102,883	)	$	1,025,440

	Nine Months Ended September 30, 2017
	Bank			Trust		Parent			Eliminations			Consolidated
	(in thousands)
Revenues
Interest and dividend income	$	24,300		$	52	$	3,251		$	(3,249	)	$	24,354
Income from fiduciary activities		-			2,820		-			-			2,820
Other income		6,554			708		150			(196	)		7,216
Total operating income		30,854			3,580		3,401			(3,445	)		34,390
Expenses
Interest expense		2,097			-		-			1			2,098
Provision for loan losses		2,925			-		-			-			2,925
Salaries and employee benefits		13,252			2,068		330			-			15,650
Other expenses		9,881			766		412			(196	)		10,863
Total operating expenses		28,155			2,834		742			(195	)		31,536
Income before taxes		2,699			746		2,659			(3,250	)		2,854
Income tax expense (benefit)		(60	)		255		(201	)		-			(6	)
Net income	$	2,759		$	491	$	2,860		$	(3,250	)	$	2,860
Capital expenditures	$	504		$	6	$	-		$	-		$	510
Total assets	$	948,377		$	6,141	$	97,645		$	(97,666	)	$	954,497