Segment Information

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

We operate three business segments:  community banking, insurance services and trust and wealth management 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 services segment includes two insurance agency offices that sell insurance products.  The trust and wealth management segment includes Summit Community Bank's trust division and other non-bank investment 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, insurance services and trust and wealth management 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:

	Three Months Ended March 31, 2018
Dollars in thousands	Community Banking			Trust and Wealth Management		Insurance Services			Parent			Eliminations			Total
Net interest income	$	17,448		$	—	$	—		$	(191	)	$	—		$	17,257
Provision for loan losses	500			—		—			—			—			500
Net interest income after provision for loan losses	16,948			—		—			(191		)	—			16,757
Other income	3,094			667		1,115			389			(389		)	4,876
Other expenses	10,651			526		897			629			(389		)	12,314
Income (loss) before income taxes	9,391			141		218			(431		)	—			9,319
Income tax expense (benefit)	1,857			34		51			(66		)	—			1,876
Net income (loss)	$	7,534		$	107	$	167		$	(365	)	$	—		$	7,443
Inter-segment revenue (expense)	$	(359	)	$	—	$	(30	)	$	389		$	—		$	—
Average assets	$	2,148,443		$	—	$	5,985		$	224,541		$	(248,238	)	$	2,130,731
Capital expenditures	$	1,850		$	—	$	12		$	10		$	—		$	1,872

	Three Months Ended March 31, 2017
Dollars in thousands	Community Banking			Trust and Wealth Management			Insurance Services			Parent			Eliminations			Total
Net interest income	$	13,795		$	—		$	—		$	(165	)	$	—		$	13,630
Provision for loan losses	250			—			—			—			—			250
Net interest income after provision for loan losses	13,545			—			—			(165		)	—			13,380
Other income	1,507			100			972			491			(491		)	2,579
Other expenses	18,067			144			874			422			(491		)	19,016
Income (loss) before income taxes	(3,015		)	(44		)	98			(96		)	—			(3,057		)
Income tax expense (benefit)	(1,434		)	(16		)	41			(32		)	—			(1,441		)
Net income (loss)	$	(1,581	)	$	(28	)	$	57		$	(64	)	$	—		$	(1,616	)
Inter-segment revenue (expense)	$	(451	)	$	—		$	(40	)	$	491		$	—		$	—
Average assets	$	1,750,059		$	—		$	6,174		$	180,393		$	(206,991	)	$	1,729,635
Capital expenditures	$	2,992		$	—		$	3		$	—		$	—		$	2,995