Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting

Schedule of key metrics related to segments

	Three months ended September 30, 2023
			Retirement and		Wealth				Corporate
(dollars in thousands)	Banking		Benefit Services		Management		Mortgage		Administration		Consolidated
Net interest income (loss)	$	20,818	$	—	$	—	$	255	$	(678)	$	20,395
Provision for credit losses		—		—		—		—		—		—
Noninterest income (loss)		2,150		18,605		5,271		2,510		(129)		28,407
Intercompany revenue (expense)		(9,371)		4,264		4,624		483		—		—
Noninterest expense		10,728		9,354		2,722		3,245		11,211		37,260
Net income (loss) before taxes	$	2,869	$	13,515	$	7,173	$	3	$	(12,018)	$	11,542

	Nine months ended September 30, 2023
			Retirement and		Wealth				Corporate
(dollars in thousands)	Banking		Benefit Services		Management		Mortgage		Administration		Consolidated
Net interest income (loss)	$	67,650	$	—	$	—	$	635	$	(1,998)	$	66,287
Provision for credit losses		550		—		—		—		—		550
Noninterest income		6,308		49,977		15,915		7,132		107		79,439
Intercompany revenue (expense)		(15,351)		6,936		4,200		994		3,221		—
Noninterest expense		36,231		24,954		6,335		9,912		34,071		111,503
Net income (loss) before taxes	$	21,826	$	31,959	$	13,780	$	(1,151)	$	(32,741)	$	33,673

	Three months ended September 30, 2022
			Retirement and		Wealth				Corporate
(dollars in thousands)	Banking		Benefit Services		Management		Mortgage		Administration		Consolidated
Net interest income (loss)	$	28,512	$	—	$	—	$	393	$	(589)	$	28,316
Provision for credit losses		—		—		—		—		—		—
Noninterest income		1,723		16,597		4,852		3,782		56		27,010
Intercompany revenue (expense)		(4,562)		1,868		(170)		1,386		1,478		—
Noninterest expense		15,428		7,998		1,406		5,869		12,066		42,767
Net income (loss) before taxes	$	10,245	$	10,467	$	3,276	$	(308)	$	(11,121)	$	12,559

	Nine months ended September 30, 2022
			Retirement and		Wealth				Corporate
(dollars in thousands)	Banking		Benefit Services		Management		Mortgage		Administration		Consolidated
Net interest income (loss)	$	72,816	$	—	$	—	$	1,660	$	(1,711)	$	72,765
Provision for credit losses		—		—		—		—		—		—
Noninterest income		4,602		50,536		15,726		14,751		91		85,706
Intercompany revenue (expense)		(8,664)		2,695		(1,028)		3,214		3,783		—
Noninterest expense		39,639		23,855		4,034		17,926		35,368		120,822
Net income (loss) before taxes	$	29,115	$	29,376	$	10,664	$	1,699	$	(33,205)	$	37,649