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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of Segments

Information for the operating segments for the six and three month periods ended June 30, 2023 are presented in the following tables:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Six Months Ended

​

​

​

​

June 30, 2023

​

​

​

​

​

​

Trust and

​

​

​

​

​

​

Community

​

Investment

​

​

(in thousands)

​

​

​

Banking

​

Services

​

Total

Interest income

​

​

$

37,801

$

-

$

37,801

Interest expense

​

​

​

9,109

​

-

​

9,109

Credit loss expense

​

​

​

938

​

-

​

938

Non-interest income

​

​

​

4,411

​

4,551

​

8,962

Non-interest expense

​

​

​

22,562

​

2,587

​

25,149

Income before income taxes and intercompany fees

​

​

​

9,603

​

1,964

​

11,567

Intercompany management fee income (expense)

​

​

​

6

​

(6)

​

-

Income before income taxes

​

​

​

9,609

​

1,958

​

11,567

Income tax expense

​

​

​

2,367

​

411

​

2,778

Net income

​

​

$

7,242

$

1,547

$

8,789

​

​

​

​

​

​

​

​

​

​

​

​

​

Six months ended

​

​

​

​

June 30, 2022

​

​

​

​

​

​

Trust and

​

​

​

​

​

​

Community

​

Investment

​

​

(in thousands)

​

​

​

Banking

​

Services

​

Total

Interest income

​

​

$

28,878

$

-

$

28,878

Interest expense

​

​

​

1,566

​

-

​

1,566

Credit for loan losses

​

​

​

210

​

-

​

210

Non-interest income

​

​

​

4,094

​

4,766

​

8,860

Non-interest expense

​

​

​

18,805

​

2,405

​

21,210

Income before income taxes and intercompany fees

​

​

​

12,391

​

2,361

​

14,752

Intercompany management fee income (expense)

​

​

​

6

​

(6)

​

-

Income before income taxes

​

​

​

12,397

​

2,355

​

14,752

Income tax expense

​

​

​

3,115

​

494

​

3,609

Net income

​

​

$

9,282

$

1,861

$

11,143

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

​

​

​

June 30, 2023

​

​

​

​

​

​

Trust and

​

​

​

​

​

​

Community

​

Investment

​

​

(in thousands)

​

​

​

Banking

​

Services

​

Total

Interest income

​

​

$

19,972

$

-

$

19,972

Interest expense

​

​

​

5,798

​

-

​

5,798

Credit loss expense

​

​

​

395

​

-

​

395

Non-interest income

​

​

​

2,285

​

2,284

​

4,569

Non-interest expense

​

​

​

11,177

​

1,334

​

12,511

Income before income taxes and intercompany fees

​

​

​

4,887

​

950

​

5,837

Intercompany management fee income (expense)

​

​

​

3

​

(3)

​

-

Income before income taxes

​

​

​

4,890

​

947

​

5,837

Income tax expense

​

​

​

1,224

​

199

​

1,423

Net income

​

​

$

3,666

$

748

$

4,414

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

​

​

​

June 30, 2022

​

​

​

​

​

​

Trust and

​

​

​

​

​

​

Community

​

Investment

​

​

(in thousands)

​

​

​

Banking

​

Services

​

Total

Interest income

​

​

$

14,731

$

-

$

14,731

Interest expense

​

​

​

760

​

-

​

760

Credit for loan losses

​

​

​

631

​

-

​

631

Non-interest income

​

​

​

2,069

​

2,357

​

4,426

Non-interest expense

​

​

​

9,427

​

1,203

​

10,630

Income before income taxes and intercompany fees

​

​

​

5,982

​

1,154

​

7,136

Intercompany management fee income (expense)

​

​

​

3

​

(3)

​

-

Income before income taxes

​

​

​

5,985

​

1,151

​

7,136

Income tax expense

​

​

​

1,467

​

241

​

1,708

Net income

​

​

$

4,518

$

910

$

5,428

​