Twelve Months Ended

December 31, 2022

Community Banking

Marine Lending

All Other

Eliminations

Consolidated

(in thousands)

Interest Income

$

47,554

$

7,132

$

—

$

—

$

54,686

Interest Expense

3,826

580

1,067

—

5,473

Net Interest Income

43,728

6,552

(1,067

)

—

49,213

Gain on sales of loans

478

1,397

—

—

1,875

Other noninterest income

7,222

99

4,149

—

11,470

Net Revenue

51,428

8,048

3,082

—

62,558

Provision for loan losses

1,059

771

—

—

1,830

Noninterest expense

36,401

3,695

2,961

—

43,057

Income (loss) before taxes

13,968

3,582

121

—

17,671

Income tax expense (benefit)

2,343

794

13

—

3,150

Net Income (loss)

$

11,625

$

2,788

$

108

$

—

$

14,521

Other data:

Capital expenditures

$

829

$

9

$

—

$

—

$

838

Depreciation and amortization

1,550

236

124

—

1,910

Twelve Months Ended

December 31, 2021

Community Banking

Marine Lending

All Other

Eliminations

Consolidated

(in thousands)

Interest Income

$

40,003

$

2,630

$

43

$

—

$

42,676

Interest Expense

1,645

32

—

—

1,677

Net Interest Income

38,358

2,598

43

—

40,999

Gain on sales of loans

636

1,022

—

—

1,658

Other noninterest income

6,597

10

3,055

—

9,662

Net Revenue

45,591

3,630

3,098

—

52,319

Provision for loan losses

2,657

(1,153

)

(21

)

—

1,483

Noninterest expense

33,525

2,056

2,468

—

38,049

Income (loss) before taxes

9,409

2,727

651

—

12,787

Income tax expense (benefit)

1,034

573

159

—

1,766

Net Income (loss)

$

8,375

$

2,154

$

492

$

—

$

11,021

Other data:

Capital expenditures

$

520

$

—

$

—

$

—

$

520

Depreciation and amortization

1,632

14

22

$

—

1,668

Community Banking

Marine Lending

All Other

Eliminations

Consolidated

Total assets at December 31, 2022

$

1,377,461

$

237,595

$

1,661

$

—

$

1,616,717

Total assets at December 31, 2021

1,190,471

110,726

1,841

—

1,303,038