Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2019

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, 2019 and 2018 follows:

	Three Months Ended September 30, 2019
(dollars in thousands)	Bank		Trust		Parent			Eliminations			Consolidated
Revenues
Interest and dividend income	$	10,177	$	32	$	2,371		$	(2,372	)	$	10,208
Income from fiduciary activities		-		949		-			-			949
Other income		2,573		229		51			(65	)		2,788
Total operating income		12,750		1,210		2,422			(2,437	)		13,945
Expenses
Interest expense		1,629		-		27			-			1,656
Provision for loan losses		-		-		-			-			-
Salaries and employee benefits		5,099		777		115			-			5,991
Other expenses		3,432		253		85			(65	)		3,705
Total operating expenses		10,160		1,030		227			(65	)		11,352
Income before taxes		2,590		180		2,195			(2,372	)		2,593
Income tax expense (benefit)		359		39		(37	)		-			361
Net income	$	2,231	$	141	$	2,232		$	(2,372	)	$	2,232
Capital expenditures	$	614	$	2	$	-		$	-		$	616
Total assets	$	1,044,249	$	6,531	$	111,188		$	(111,373	)	$	1,050,595

	Three Months Ended September 30, 2018
(dollars in thousands)	Bank		Trust			Parent			Eliminations			Consolidated
Revenues
Interest and dividend income	$	9,777	$	26		$	1,766		$	(1,766	)	$	9,803
Income from fiduciary activities		-		904			-			-			904
Other income		2,269		227			50			(66	)		2,480
Total operating income		12,046		1,157			1,816			(1,832	)		13,187
Expenses
Interest expense		1,266		-			33			-			1,299
Provision for loan losses		749		-			-			-			749
Salaries and employee benefits		4,753		748			107			-			5,608
Other expenses		3,485		287			112			(65	)		3,819
Total operating expenses		10,253		1,035			252			(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

	Nine Months Ended September 30, 2019
(dollars in thousands)	Bank		Trust		Parent			Eliminations			Consolidated
Revenues
Interest and dividend income	$	30,124	$	94	$	6,326		$	(6,327	)	$	30,217
Income from fiduciary activities		-		2,837		-			-			2,837
Other income		7,114		820		151			(196	)		7,889
Total operating income		37,238		3,751		6,477			(6,523	)		40,943
Expenses
Interest expense		4,686		-		89			-			4,775
Provision for loan losses		1,013		-		-			-			1,013
Salaries and employee benefits		14,972		2,300		345			-			17,617
Other expenses		10,039		760		275			(196	)		10,878
Total operating expenses		30,710		3,060		709			(196	)		34,283
Income before taxes		6,528		691		5,768			(6,327	)		6,660
Income tax expense (benefit)		744		148		(117	)		-			775
Net income	$	5,784	$	543	$	5,885		$	(6,327	)	$	5,885
Capital expenditures	$	1,269	$	26	$	-		$	-		$	1,295
Total assets	$	1,044,249	$	6,531	$	111,188		$	(111,373	)	$	1,050,595

	Nine Months Ended September 30, 2018
(dollars in thousands)	Bank		Trust		Parent			Eliminations			Consolidated
Revenues
Interest and dividend income	$	28,118	$	69	$	4,578		$	(4,576	)	$	28,189
Income from fiduciary activities		-		2,803		-			-			2,803
Other income		6,422		748		180			(196	)		7,154
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