Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting

Schedule of Segments

Information for the operating segments for the six- and three-month periods ended June 30, 2024 and 2023 are presented in the following tables:

		Six Months Ended
		June 30, 2024
				Trust and
		Community		Investment
(in thousands)		Banking		Services		Total
Interest income	$	45,011	$	-	$	45,011
Interest expense		15,961		-		15,961
Credit loss expense		2,140		-		2,140
Non-interest income		4,417		5,299		9,716
Non-interest expense		22,609		2,636		25,245
Income before income taxes and intercompany fees		8,718		2,663		11,381
Intercompany management fee income (expense)		6		(6)		-
Income before income taxes		8,724		2,657		11,381
Income tax expense		2,210		559		2,769
Net income	$	6,514	$	2,098	$	8,612

		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

		Three Months Ended
		June 30, 2024
				Trust and
		Community		Investment
(in thousands)		Banking		Services		Total
Interest income	$	23,113	$	-	$	23,113
Interest expense		7,875		-		7,875
Credit loss expense		1,194		-		1,194
Non-interest income		2,225		2,616		4,841
Non-interest expense		11,015		1,349		12,364
Income before income taxes and intercompany fees		5,254		1,267		6,521
Intercompany management fee income (expense)		3		(3)		-
Income before income taxes		5,257		1,264		6,521
Income tax expense		1,341		266		1,607
Net income	$	3,916	$	998	$	4,914
		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 credit		395		-		395
Non-interest income		2,286		2,283		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