SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 30, 2025

Schedule of Summarized Financial Information Showing Reconciliation of Segment Net Income Loss and Assets to Consolidated Results

The Holding Company and CFS columns below includes income and expenses related to insurance products, mutual funds, and brokerage services (in thousands).


	Three Months Ended September 30, 2025
	Core Banking		WMG		Holding Company and CFS		Inter-Segment Eliminations		Consolidated Totals
Interest and dividend income	$	33,884	$	—	$	3	$	(3)	$	33,884
Interest expense	10,301		—		898		(3)		11,196
Net interest income	23,583		—		(895)		—		22,688
Provision for credit losses	1,064		—		—		—		1,064
Net interest income after provision for credit losses	22,519		—		(895)		—		21,624
Non-interest income	2,813		2,967		311		(3)		6,088
Non-interest expenses:

Compensation expense and benefits	8,174		1,698		238		—		10,110
Net occupancy expense	1,312		59		3		(3)		1,371
Furniture and equipment expense	384		12		3		—		399
Data processing & software expense	2,232		297		5		—		2,534
Other non-interest expenses	3,072		74		85		—		3,231
Total non-interest expense	15,174		2,140		334		(3)		17,645
Income before income tax expense (benefit)	10,158		827		(918)		—		10,067
Income tax expense (benefit)	2,337		190		(252)		—		2,275
Segment net income (loss)	$	7,821	$	637	$	(666)	$	—	$	7,792
Supplemental Information:
Total assets as of September 30, 2025	$	2,663,118	$	2,871	$	289,937	$	(259,292)	$	2,696,634
Capital expenditures	$	400	$	—	$	—	$	—	$	400
Depreciation expense (1)	$	447	$	14	$	—	$	—	$	461

(1) Included in net occupancy and furniture and equipment expense in the table above.


	Three Months Ended September 30, 2024
	Core Banking		WMG		Holding Company, and CFS		Inter-Segment Eliminations		Consolidated Totals
Interest and dividend income	$	32,354	$	—	$	9	$	(1)	$	32,362
Interest expense	13,975		—		—		(1)		13,974
Net interest income	18,379		—		9		—		18,388
Provision for credit losses	564		—		—		—		564
Net interest income after provision for credit losses	17,815		—		9		—		17,824
Non-interest income	2,625		2,991		305		(2)		5,919
Non-interest expenses:

Compensation expense and benefits	6,973		1,383		212		—		8,568
Net occupancy expense	1,362		60		2		(2)		1,422
Furniture and equipment expense	369		30		3		—		402
Data processing & software expense	2,255		308		4		—		2,567
Other non-interest expenses	3,346		116		89		—		3,551
Total non-interest expense	14,305		1,897		310		(2)		16,510
Income before income tax expense (benefit)	6,135		1,094		4		—		7,233
Income tax expense (benefit)	1,280		223		10		—		1,513
Segment net income (loss)	$	4,855	$	871	$	(6)	$	—	$	5,720
Supplemental Information:
Total assets as of September 30, 2024	$	2,777,492	$	3,108	$	220,503	$	(226,888)	$	2,774,215
Capital expenditures	$	607	$	—	$	—	$	—	$	607
Depreciation expense (1)	$	409	$	14	$	—	$	—	$	423

(1) Included in net occupancy and furniture and equipment expense in the table above.


	Nine Months Ended September 30, 2025
	Core Banking		WMG		Holding Company, and CFS		Inter-Segment Eliminations		Consolidated Totals
Interest and dividend income	$	98,615	$	—	$	6	$	(5)	$	98,616
Interest expense	34,203		—		1,105		(5)		35,303
Net interest income	64,412		—		(1,099)		—		63,313
Provision for credit losses	3,301		—		—		—		3,301
Net interest income after provision for credit losses	61,111		—		(1,099)		—		60,012
Non-interest income	(8,339)		8,827		794		(10)		1,272
Non-interest expenses:

Compensation expense and benefits	23,600		4,432		674		—		28,706
Net occupancy expense	4,144		191		10		(10)		4,335
Furniture and equipment expense	1,152		53		22		—		1,227
Data processing & software expense	6,692		919		20		—		7,631
Other non-interest expenses	9,680		427		335		—		10,442
Total non-interest expense	45,268		6,022		1,061		(10)		52,341
Income before income tax expense (benefit)	7,504		2,805		(1,366)		—		8,943
Income tax expense (benefit)	1,344		624		(388)		—		1,580
Segment net income (loss)	$	6,160	$	2,181	$	(978)	$	—	$	7,363
Supplemental Information:
Total assets as of September 30, 2025	$	2,663,118	$	2,871	$	289,937	$	(259,292)	$	2,696,634
Capital expenditures	$	1,088	$	—	$	—	$	—	$	1,088
Depreciation expense (1)	$	1,357	$	45	$	—	$	—	$	1,402

1 Included in net occupancy and furniture and equipment expense in the table above.


	Nine Months Ended September 30, 2024
	Core Banking		WMG		Holding Company, and CFS		Inter-Segment Eliminations		Consolidated Totals
Interest and dividend income	$	94,942	$	—	$	30	$	(5)	$	94,967
Interest expense	40,734		—		—		(5)		40,729
Net interest income	54,208		—		30		—		54,238
Provision for credit losses	(597)		—		—		—		(597)
Net interest income after provision for credit losses	54,805		—		30		—		54,835
Non-interest income	7,864		8,554		761		(5)		17,174
Non-interest expenses:

Compensation expense and benefits	21,481		4,047		575		—		26,103
Net occupancy expense	4,182		178		5		(5)		4,360
Furniture and equipment expense	1,107		71		19		—		1,197
Data processing & software expense	6,589		834		14		—		7,437
Other non-interest expenses	9,595		399		336		—		10,330
Total non-interest expense	42,954		5,529		949		(5)		49,427
Income before income tax expense (benefit)	19,715		3,025		(158)		—		22,582
Income tax expense (benefit)	4,224		647		(46)		—		4,825
Segment net income (loss)	$	15,491	$	2,378	$	(112)	$	—	$	17,757
Supplemental Information:
Total assets as of September 30, 2024	$	2,777,492	$	3,108	$	220,503	$	(226,888)	$	2,774,215
Capital expenditures	$	1,707	$	—	$	—	$	—	$	1,707
Depreciation expense (1)	$	1,317	$	42	$	—	$	—	$	1,359

(1) Included in net occupancy and furniture and equipment expense in the table above.