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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segments

Information for the operating segments for the three month periods ended March 31, 2024 and 2023 are presented in the following tables:

Three Months Ended

March 31, 2024

Trust and

Community

Investment

(in thousands)

Banking

Services

Total

Interest income

$

21,898

$

-

$

21,898

Interest expense

8,086

-

8,086

Credit loss expense

946

-

946

Non-interest income

2,191

2,684

4,875

Non-interest expense

11,594

1,287

12,881

Income before income taxes and intercompany fees

3,463

1,397

4,860

Intercompany management fee income (expense)

3

(3)

-

Income before income taxes

3,466

1,394

4,860

Income tax expense

869

293

1,162

Net income

$

2,597

$

1,101

$

3,698

Three Months Ended

March 31, 2023

Trust and

Community

Investment

(in thousands)

Banking

Services

Total

Interest income

$

17,829

$

-

$

17,829

Interest expense

3,311

-

3,311

Credit loss expense

543

-

543

Non-interest income

2,125

2,268

4,393

Non-interest expense

11,385

1,253

12,638

Income before income taxes and intercompany fees

4,715

1,015

5,730

Intercompany management fee income (expense)

3

(3)

-

Income before income taxes

4,718

1,012

5,730

Income tax expense

1,143

212

1,355

Net income

$

3,575

$

800

$

4,375