Segment Information

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

We operate two business segments:  community banking and insurance & financial services.  These segments are primarily identified by the products or services offered.  The community banking segment consists of our full service banks which offer customers traditional banking products and services through various delivery channels.  The insurance & financial services segment includes three insurance agency offices that sell insurance products.  The accounting policies discussed throughout the notes to the consolidated financial statements apply to each of our business segments.

Inter-segment revenue and expense consists of management fees allocated to the community banking and the insurance & financial services segments for all centralized functions that are performed by the parent, including overall direction in the areas of strategic planning, investment portfolio management, asset/liability management, financial reporting and other financial and administrative services.  Information for each of our segments is included below:

	December 31, 2016
Dollars in thousands	Community Banking			Insurance & Financial Services			Parent			Eliminations			Total
Net interest income	$	49,649		$	—		$	(642	)	$	—		$	49,007
Provision for loan losses	500			—			—			—			500
Net interest income after provision for loan losses	49,149			—			(642		)	—			48,507
Other income	7,213			4,400			1,541			(1,554		)	11,600
Other expenses	29,482			4,053			2,821			(1,554		)	34,802
Income (loss) before income taxes	26,880			347			(1,922		)	—			25,305
Income tax expense (benefit)	8,579			144			(715		)	—			8,008
Net income (loss)	$	18,301		$	203		$	(1,207	)	$	—		$	17,297
Inter-segment revenue (expense)	$	(1,441	)	$	(113	)	$	1,554		$	—		$	—
Average assets	$	1,620,723		$	5,984		$	173,999		$	(201,109	)	$	1,599,597
Capital expenditures	$	1,730		$	36		$	91		$	—		$	1,857

	December 31, 2015
Dollars in thousands	Community Banking			Insurance & Financial Services			Parent			Eliminations			Total
Net interest income	$	46,744		$	—		$	(728	)	$	—		$	46,016
Provision for loan losses	1,250			—			—			—			1,250
Net interest income after provision for loan losses	45,494			—			(728		)	—			44,766
Other income	7,324			4,537			1,133			(1,133		)	11,861
Other expenses	28,060			4,315			2,390			(1,133		)	33,632
Income (loss) before income taxes	24,758			222			(1,985		)	—			22,995
Income tax expense (benefit)	7,542			43			(692		)	—			6,893
Net income (loss)	$	17,216		$	179		$	(1,293	)	$	—		$	16,102
Inter-segment revenue (expense)	$	(1,047	)	$	(86	)	$	1,133		$	—		$	—
Average assets	$	1,496,396		$	5,923		$	167,839		$	(203,571	)	$	1,466,587
Capital expenditures	$	2,530		$	12		$	46		$	—		$	2,588

	December 31, 2014
Dollars in thousands	Community Banking			Insurance & Financial Services			Parent			Eliminations			Total
Net interest income	$	44,209		$	—		$	(1,824	)	$	—		$	42,385
Provision for loan losses	2,250			—			—			—			2,250
Net interest income after provision for loan losses	41,959			—			(1,824		)	—			40,135
Other income	6,299			4,882			1,231			(1,189		)	11,223
Other expenses	30,579			4,188			1,746			(1,189		)	35,324
Income (loss) before income taxes	17,679			694			(2,339		)	—			16,034
Income tax expense (benefit)	5,191			226			(739		)	—			4,678
Net income (loss)	12,488			468			(1,600		)	—			11,356
Dividends on preferred shares	—			—			771			—			771
Net income (loss) applicable to common shares	$	12,488		$	468		$	(2,371	)	$	—		$	10,585
Inter-segment revenue (expense)	$	(1,071	)	$	(118	)	$	1,189		$	—		$	—
Average assets	$	1,466,521		$	6,130		$	164,769		$	(217,418	)	$	1,420,002
Capital expenditures	$	470		$	35		$	6		$	—		$	511