Note 7 - Segment Information

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE

7

– 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

91.3%

and

90.8%

of total consolidated revenues for the quarters end

June 30, 2018

and

2017,

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 June 30, 2018
	Banking		Consumer Finance			Total Company
Net interest income	$	10,032	$	608		$	10,640
Provision expense		----		(23	)		(23	)
Noninterest income		2,369		169			2,538
Noninterest expense		9,061		613			9,674
Tax expense		512		39			551
Net income		2,828		148			2,976
Assets		1,014,033		11,331			1,025,364

	Three Months Ended June 30, 2017
	Banking		Consumer Finance		Total Company
Net interest income	$	9,487	$	584	$	10,071
Provision expense		175		----		175
Noninterest income		1,962		150		2,112
Noninterest expense		9,316		560		9,876
Tax expense		332		59		391
Net income		1,626		115		1,741
Assets		968,864		11,292		980,156

	Six Months Ended June 30, 2018
	Banking		Consumer Finance		Total Company
Net interest income	$	20,121	$	2,029	$	22,150
Provision expense		600		133		733
Noninterest income		5,041		573		5,614
Noninterest expense		18,129		1,353		19,482
Tax expense		973		234		1,207
Net income		5,460		882		6,342
Assets		1,014,033		11,331		1,025,364

	Six Months Ended June 30, 2017
	Banking		Consumer Finance		Total Company
Net interest income	$	18,877	$	2,059	$	20,936
Provision expense		200		120		320
Noninterest income		4,741		484		5,225
Noninterest expense		17,898		1,353		19,251
Tax expense		1,269		363		1,632
Net income		4,251		707		4,958
Assets		968,864		11,292		980,156