SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2022

SEGMENT INFORMATION [Abstract]

SEGMENT INFORMATION

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 94.0% of total consolidated revenues for the quarters end September 30, 2022 and 2021, 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, 2022
	Banking			Consumer Finance			Total Company
Net interest income	$	11,299		$	546		$	11,845
Provision for loan losses		(400	)		22			(378	)
Noninterest income		2,573			42			2,615
Noninterest expense		9,743			604			10,347
Provision for income taxes		809			(8	)		801
Net income		3,720			(30	)		3,690
Assets		1,238,597			13,877			1,252,474

	Three Months Ended September 30, 2021
	Banking			Consumer Finance			Total Company
Net interest income	$	9,843		$	516		$	10,359
Provision for loan losses		(100	)		7			(93	)
Noninterest income		2,582			30			2,612
Noninterest expense		8,861			608			9,469
Provision for income taxes		574			(15	)		559
Net income		3,090			(54	)		3,036
Assets		1,232,353			13,025			1,245,378

	Nine Months Ended September 30, 2022
	Banking			Consumer Finance		Total Company
Net interest income	$	30,791		$	1,597	$	32,388
Provision for loan losses		(700	)		9		(691	)
Noninterest income		7,987			984		8,971
Noninterest expense		28,296			1,862		30,158
Provision for income taxes		1,930			148		2,078
Net income		9,252			562		9,814
Assets		1,238,597			13,877		1,252,474

	Nine Months Ended September 30, 2021
	Banking			Consumer Finance		Total Company
Net interest income	$	29,124		$	1,498	$	30,622
Provision for loan losses		(150	)		32		(118	)
Noninterest income		7,474			983		8,457
Noninterest expense		26,095			1,858		27,953
Provision for income taxes		1,693			123		1,816
Net income		8,960			468		9,428
Assets		1,232,353			13,025		1,245,378