Segment and Related Information

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Segment and Related Information

Segment and Related Information

The Company has two reportable segments, community banking and trust and investment services.

Community banking involves making loans to and generating deposits from individuals and businesses.  All assets and liabilities of the Company are allocated to community banking.  Investment income from securities is also allocated to the community banking segment.  Loan fee income, service charges from deposit accounts, and non-deposit fees such as automated teller machine fees and insurance commissions generate additional income for the community banking segment.

Trust and investment services include estate planning, trust account administration, investment management, and retail brokerage.  Investment management services include purchasing equity, fixed income, and mutual fund investments for customer accounts. The trust and investment services segment receives fees for investment and administrative services.

Amounts shown in the "Other" column includes activities of the Company which are primarily debt service on trust preferred securities and corporate items. 

Segment information as of and for the three and six months ended June 30, 2016 and 2015 (unaudited), is shown in the following tables (dollars in thousands):

	Three Months Ended June 30, 2016
	Community Banking		Trust and Investment Services		Other			Intersegment Eliminations			Total
Interest income	$	13,754	$	—	$	15		$	—		$	13,769
Interest expense	1,396		—		213			—			1,609
Noninterest income	2,177		1,184		6			—			3,367
Income (loss) before income taxes	5,566		679		(424		)	—			5,821
Net income (loss)	3,891		477		(280		)	—			4,088
Depreciation and amortization	759		3		—			—			762
Total assets	1,597,722		—		230,456			(226,527		)	1,601,651
Goodwill	43,872		—		—			—			43,872
Capital expenditures	120		—		—			—			120

	Three Months Ended June 30, 2015
	Community Banking		Trust and Investment Services		Other			Intersegment Eliminations			Total
Interest income	$	13,822	$	—	$	15		$	—		$	13,837
Interest expense	1,267		—		188			—			1,455
Noninterest income	2,038		1,215		5			—			3,258
Income (loss) before income taxes	3,647		573		(322		)	—			3,898
Net income (loss)	2,671		422		(213		)	—			2,880
Depreciation and amortization	739		3		—			—			742
Total assets	1,522,208		—		222,526			(220,378		)	1,524,356
Goodwill	44,210		—		—			—			44,210
Capital expenditures	232		21		—			—			253

	Six Months Ended June 30, 2016
	Community Banking		Trust and Investment Services		Other			Intersegment Eliminations			Total
Interest income	$	27,910	$	—	$	30		$	—		$	27,940
Interest expense	2,775		—		421			—			3,196
Noninterest income	4,335		2,318		11			—			6,664
Income (loss) before income taxes	11,182		1,334		(782		)	—			11,734
Net income (loss)	7,798		934		(516		)	—			8,216
Depreciation and amortization	1,519		6		—			—			1,525
Total assets	1,597,722		—		230,456			(226,527		)	1,601,651
Goodwill	43,872		—		—			—			43,872
Capital expenditures	269		—		—			—			269

	Six Months Ended June 30, 2015
	Community Banking		Trust and Investment Services		Other			Intersegment Eliminations			Total
Interest income	$	27,646	$	—	$	30		$	—		$	27,676
Interest expense	2,544		—		372			—			2,916
Noninterest income	4,021		2,383		10			—			6,414
Income (loss) before income taxes	8,154		1,223		(592		)	—			8,785
Net income (loss)	5,896		890		(391		)	—			6,395
Depreciation and amortization	1,477		6		—			—			1,483
Total assets	1,522,208		—		222,526			(220,378		)	1,524,356
Goodwill	44,210		—		—			—			44,210
Capital expenditures	580		21		—			—			601