Note 8 - Segment Information

9 Months Ended

Sep. 30, 2016

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE

8

– SEGMENT INFORMATION

The reportable segments are determined by the products and services offered, primarily distinguished between banking and consumer finance. They are also distinguished by the level of information provided to the chief operating decision maker, who uses such information to review performance of various components of the business, which are then aggregated if operating performance, products/services, and customers are similar. Loans, investments, and deposits provide the majority of the net revenues from the banking operation, while loans provide the majority of the net revenues for the consumer finance segment. All Company segments are domestic.

Total revenues from the banking segment, which accounted for the majority of the Company's total revenues, totaled 90.9% and 90.2% of total consolidated revenues for the quarters ended September 30, 2016 and 2015, respectively.

The accounting policies used for the Company's reportable segments are the same as those described in Note 1 - Summary of Significant Accounting Policies. Income taxes are allocated based on income before tax expense.

Information for the Company’s reportable segments is as follows:

	Three Months Ended September 30, 2016
	Banking			Consumer Finance			Total Company
Net interest income	$	8,396		$	589		$	8,985
Provision expense		1,675			33			1,708
Noninterest income		1,655			38			1,693
Noninterest expense		8,167			661			8,828
Tax expense (benefit)		(193	)		(23	)		(216	)
Net income (loss)		402			(44	)		358
Assets		957,889			12,341			970,230

	Three Months Ended September 30, 2015
	Banking		Consumer Finance			Total Company
Net interest income	$	7,627	$	658		$	8,285
Provision expense (benefit)		10		(21	)		(11	)
Noninterest income		1,522		62			1,584
Noninterest expense		7,106		621			7,727
Tax expense		471		40			511
Net income		1,562		80			1,642
Assets		795,458		13,008			808,466

	Nine Months Ended September 30, 2016
	Banking		Consumer Finance		Total Company
Net interest income	$	23,684	$	2,607	$	26,291
Provision expense		2,180		148		2,328
Noninterest income		6,220		569		6,789
Noninterest expense		22,460		2,110		24,570
Tax expense		975		311		1,286
Net income		4,289		607		4,896
Assets		957,889		12,341		970,230

	Nine Months Ended September 30, 2015
	Banking		Consumer Finance		Total Company
Net interest income	$	22,690	$	2,674	$	25,364
Provision expense		685		25		710
Noninterest income		6,351		639		6,990
Noninterest expense		20,679		2,029		22,708
Tax expense		1,834		426		2,260
Net income		5,843		833		6,676
Assets		795,458		13,008		808,466