Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2021

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, 2021 and 2020 follows:

	Three Months Ended September 30, 2021
(dollars in thousands)	Bank		Trust		Parent			Eliminations			Consolidated
Revenues
Interest and dividend income	$	10,809	$	6	$	2,281		$	(2,281	)	$	10,815
Income from fiduciary activities		-		1,032		-			-			1,032
Other income		2,341		249		50			(66	)		2,574
Total operating income		13,150		1,287		2,331			(2,347	)		14,421
Expenses
Interest expense		688		-		251			-			939
Provision for loan losses		360		-		-			-			360
Salaries and employee benefits		5,644		746		168			-			6,558
Other expenses		4,077		257		102			(66	)		4,370
Total operating expenses		10,769		1,003		521			(66	)		12,227
Income before taxes		2,381		284		1,810			(2,281	)		2,194
Income tax expense (benefit)		325		59		(98	)		-			286
Net income	$	2,056	$	225	$	1,908		$	(2,281	)	$	1,908
Capital expenditures	$	370	$	-	$	-		$	-		$	370
Total assets	$	1,304,291	$	7,222	$	150,442		$	(150,329	)	$	1,311,626

	Three Months Ended September 30, 2020
(dollars in thousands)	Bank		Trust		Parent			Eliminations			Consolidated
Revenues
Interest and dividend income	$	9,732	$	6	$	1,244		$	(1,245	)	$	9,737
Income from fiduciary activities		-		955		-			-			955
Other income		2,483		234		50			(65	)		2,702
Total operating income		12,215		1,195		1,294			(1,310	)		13,394
Expenses
Interest expense		1,258		-		11			-			1,269
Provision for loan losses		300		-		-			-			300
Salaries and employee benefits		5,746		760		154			-			6,660
Other expenses		3,752		249		68			(65	)		4,004
Total operating expenses		11,056		1,009		233			(65	)		12,233
Income before taxes		1,159		186		1,061			(1,245	)		1,161
Income tax expense (benefit)		61		39		(39	)		-			61
Net income	$	1,098	$	147	$	1,100		$	(1,245	)	$	1,100
Capital expenditures	$	86	$	10	$	-		$	-		$	96
Total assets	$	1,249,144	$	6,961	$	118,423		$	(118,435	)	$	1,256,093

	Nine Months Ended September 30, 2021
(dollars in thousands)	Bank		Trust		Unconsolidated Parent			Eliminations			Consolidated
Revenues
Interest and dividend income	$	31,635	$	17	$	7,458		$	(7,458	)	$	31,652
Income from fiduciary activities		-		3,110		-			-			3,110
Other income		7,426		788		150			(196	)		8,168
Total operating income		39,061		3,915		7,608			(7,654	)		42,930
Expenses
Interest expense		2,258		-		256			-			2,514
Provision for loan losses		510		-		-			-			510
Salaries and employee benefits		16,263		2,253		496			-			19,012
Other expenses		12,139		788		278			(196	)		13,009
Total operating expenses		31,170		3,041		1,030			(196	)		35,045
Income before taxes		7,891		874		6,578			(7,458	)		7,885
Income tax expense (benefit)		1,123		184		(184	)		-			1,123
Net income	$	6,768	$	690	$	6,762		$	(7,458	)	$	6,762
Capital expenditures	$	1,089	$	41	$	-		$	-		$	1,130
Total assets	$	1,304,291	$	7,222	$	150,442		$	(150,329	)	$	1,311,626

	Nine Months Ended September 30, 2020
(dollars in thousands)	Bank		Trust		Unconsolidated Parent			Eliminations			Consolidated
Revenues
Interest and dividend income	$	29,532	$	40	$	5,362		$	(5,363	)	$	29,571
Income from fiduciary activities		-		2,881		-			-			2,881
Other income		7,289		769		150			(196	)		8,012
Total operating income		36,821		3,690		5,512			(5,559	)		40,464
Expenses
Interest expense		4,167		-		45			-			4,212
Provision for loan losses		900		-		-			-			900
Salaries and employee benefits		15,305		2,315		498			-			18,118
Other expenses		10,886		827		263			(196	)		11,780
Total operating expenses		31,258		3,142		806			(196	)		35,010
Income before taxes		5,563		548		4,706			(5,363	)		5,454
Income tax expense (benefit)		631		117		(138	)		-			610
Net income	$	4,932	$	431	$	4,844		$	(5,363	)	$	4,844
Capital expenditures	$	742	$	16	$	-		$	-		$	758
Total assets	$	1,249,144	$	6,961	$	118,423		$	(118,435	)	$	1,256,093