Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2023

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 years ended December 31 2023 and 2022 follows:

	Year Ended December 31, 2023
(dollars in thousands)	Bank		Wealth		Parent			Eliminations			Consolidated
Revenues
Interest and dividend income	$	66,484	$	142	$	9,462		$	(9,462	)	$	66,626
Income from fiduciary activities		-		4,632		-			-			4,632
Other income		8,390		913		200			(262	)		9,241
Total operating income		74,874		5,687		9,662			(9,724	)		80,499
Expenses
Interest expense		17,246		-		1,181			-			18,427
Provision for credit losses		2,601		-		-			-			2,601
Salaries and employee benefits		25,526		4,138		765			-			30,429
Other expenses		18,447		1,344		449			(262	)		19,978
Total operating expenses		63,820		5,482		2,395			(262	)		71,435
Income (loss) before taxes		11,054		205		7,267			(9,462	)		9,064
Income tax expense (benefit)		1,754		43		(463	)		-			1,334
Net income	$	9,300	$	162	$	7,730		$	(9,462	)	$	7,730
Capital expenditures	$	1,053	$	-	$	-		$	-		$	1,053
Total assets	$	1,437,603	$	7,235	$	137,004		$	(135,460	)	$	1,446,382

	Year Ended December 31, 2022
(dollars in thousands)	Bank		Wealth		Parent			Eliminations			Consolidated
Revenues
Interest and dividend income	$	47,963	$	80	$	10,873		$	(10,873	)	$	48,043
Income from fiduciary activities		-		4,097		-			-			4,097
Other income		8,307		1,162		200			(261	)		9,408
Total operating income		56,270		5,339		11,073			(11,134	)		61,548
Expenses
Interest expense		2,424		-		1,181			-			3,605
Provision for credit losses		1,706		-		-			-			1,706
Salaries and employee benefits		22,751		3,613		691			-			27,055
Other expenses		17,135		1,164		562			(261	)		18,600
Total operating expenses		44,016		4,777		2,434			(261	)		50,966
Income before taxes		12,254		562		8,639			(10,873	)		10,582
Income tax expense (benefit)		1,822		121		(469	)		-			1,474
Net income	$	10,432	$	441	$	9,108		$	(10,873	)	$	9,108
Capital expenditures	$	1,341	$	13	$	-		$	-		$	1,354
Total assets	$	1,347,151	$	7,048	$	128,849		$	(127,713	)	$	1,355,335