Note 7 - Segment Information

3 Months Ended

Mar. 31, 2020

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

90.8%

and

90.6%

of total consolidated revenues for the quarters end

March 31, 2020

and

2019,

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 March 31, 2020
	Banking			Consumer Finance		Total Company
Net interest income	$	9,471		$	533	$	10,004
Provision expense		3,845			1		3,846
Noninterest income		3,487			955		4,442
Noninterest expense		8,766			753		9,519
Tax expense		(75	)		154		79
Net income		422			580		1,002
Assets		1,024,169			11,672		1,035,841

	Three Months Ended March 31, 2019
	Banking			Consumer Finance		Total Company
Net interest income	$	10,037		$	1,350	$	11,387
Provision expense		2,250			127		2,377
Noninterest income		1,819			27		1,846
Noninterest expense		8,820			748		9,568
Tax expense		(10	)		105		95
Net income		796			397		1,193
Assets		1,033,203			11,670		1,044,873