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Business Segments (Tables)
6 Months Ended
Jun. 30, 2020
Business Segments  
Schedule of segment reporting information, by segment

Three Months Ended June 30, 2020

 

    

Community

    

Mortgage

    

Consumer

    

    

    

 

(Dollars in thousands)

Banking

Banking

Finance

Other

Eliminations

Consolidated

 

Revenues:

Interest income

$

14,894

$

1,097

$

9,689

$

$

(2,096)

$

23,584

Gains on sales of loans

 

 

4,605

 

 

 

 

4,605

Other noninterest income

 

2,221

 

2,387

 

80

 

2,535

 

 

7,223

Total operating income

 

17,115

 

8,089

 

9,769

 

2,535

 

(2,096)

 

35,412

Expenses:

Provision for loan losses

 

1,400

 

 

2,200

 

 

 

3,600

Interest expense

 

2,718

 

280

 

2,090

 

338

 

(2,096)

 

3,330

Salaries and employee benefits

 

7,640

 

2,272

 

2,134

 

2,308

 

 

14,354

Depreciation and amortization

829

73

45

43

990

Other noninterest expenses

 

5,020

 

2,166

 

1,057

 

205

 

 

8,448

Total operating expenses

 

17,607

 

4,791

 

7,526

 

2,894

 

(2,096)

 

30,722

Income (loss) before income taxes

 

(492)

 

3,298

 

2,243

 

(359)

 

 

4,690

Income tax expense (benefit)

 

(560)

 

977

 

605

 

(75)

 

 

947

Net income (loss)

$

68

$

2,321

$

1,638

$

(284)

$

$

3,743

Total assets

$

1,860,367

$

192,987

$

301,372

$

21,834

$

(393,356)

$

1,983,204

Capital expenditures

$

1,568

$

32

$

305

$

$

$

1,905

Three Months Ended June 30, 2019

 

    

Community

    

Mortgage

    

Consumer

    

    

    

 

(Dollars in thousands)

Banking

Banking

Finance

Other

Eliminations

Consolidated

 

Revenues:

Interest income

$

15,419

$

669

$

10,365

$

2

$

(2,179)

$

24,276

Gains on sales of loans

 

 

2,955

 

 

 

 

2,955

Other noninterest income

 

2,893

 

1,335

 

110

 

909

 

 

5,247

Total operating income

 

18,312

 

4,959

 

10,475

 

911

 

(2,179)

 

32,478

Expenses:

Provision for loan losses

 

110

 

 

1,700

 

 

 

1,810

Interest expense

 

2,493

 

409

 

2,618

 

310

 

(2,179)

 

3,651

Salaries and employee benefits

 

6,873

 

1,611

 

2,069

 

942

 

 

11,495

Depreciation and amortization

758

59

50

(35)

832

Other noninterest expenses

 

4,382

 

1,276

 

1,361

 

203

 

 

7,222

Total operating expenses

 

14,616

 

3,355

 

7,798

 

1,420

 

(2,179)

 

25,010

Income (loss) before income taxes

 

3,696

 

1,604

 

2,677

 

(509)

 

 

7,468

Income tax expense (benefit)

 

625

 

422

 

728

 

(149)

 

 

1,626

Net income (loss)

$

3,071

$

1,182

$

1,949

$

(360)

$

$

5,842

Total assets

$

1,386,332

$

101,554

$

309,705

$

19,696

$

(249,291)

$

1,567,996

Capital expenditures

$

566

$

52

$

32

$

67

$

$

717

Six Months Ended June 30, 2020

 

    

Community

    

Mortgage

    

Consumer

    

    

    

 

(Dollars in thousands)

Banking

Banking

Finance

Other

Eliminations

Consolidated

 

Revenues:

Interest income

$

30,809

$

1,758

$

19,790

$

$

(3,995)

$

48,362

Gains on sales of loans

 

8,281

 

 

 

 

8,281

Other noninterest income

 

4,853

 

3,998

 

197

 

1,247

 

 

10,295

Total operating income

 

35,662

 

14,037

 

19,987

 

1,247

 

(3,995)

 

66,938

Expenses:

Provision for loan losses

 

2,400

 

3,850

 

6,250

Interest expense

 

5,862

 

585

4,376

677

(3,995)

 

7,505

Salaries and employee benefits

 

15,700

 

4,117

4,377

977

 

25,171

Depreciation and amortization

1,635

145

91

86

1,957

Other noninterest expenses

 

10,020

 

3,817

2,398

514

 

16,749

Total operating expenses

 

35,617

 

8,664

 

15,092

 

2,254

 

(3,995)

 

57,632

Income (loss) before income taxes

 

45

 

5,373

 

4,895

 

(1,007)

 

 

9,306

Income tax expense (benefit)

 

(593)

 

1,509

1,327

(319)

 

 

1,924

Net income (loss)

$

638

$

3,864

$

3,568

$

(688)

$

$

7,382

Total assets

$

1,860,367

$

192,987

$

301,372

$

21,834

$

(393,356)

$

1,983,204

Capital expenditures

$

2,320

$

326

$

807

$

$

$

3,453

Six Months Ended June 30, 2019

 

    

Community

    

Mortgage

    

Consumer

    

    

    

 

(Dollars in thousands)

Banking

Banking

Finance

Other

Eliminations

Consolidated

 

Revenues:

Interest income

$

29,743

$

1,019

$

20,510

$

4

$

(4,049)

$

47,227

Gains on sales of loans

 

 

5,091

 

 

 

 

5,091

Other noninterest income

 

5,331

 

2,173

 

239

 

2,471

 

 

10,214

Total operating income

 

35,074

 

8,283

 

20,749

 

2,475

 

(4,049)

 

62,532

Expenses:

Provision for loan losses

 

110

 

 

4,095

 

 

 

4,205

Interest expense

 

4,668

 

572

 

5,169

 

595

 

(4,049)

 

6,955

Salaries and employee benefits

 

13,851

 

2,758

 

4,254

 

2,539

 

 

23,402

Depreciation and amortization

1,593

121

102

10

1,826

Other noninterest expenses

 

8,450

 

2,458

 

2,684

 

406

 

 

13,998

Total operating expenses

 

28,672

 

5,909

 

16,304

 

3,550

 

(4,049)

 

50,386

Income (loss) before income taxes

 

6,402

 

2,374

 

4,445

 

(1,075)

 

 

12,146

Income tax expense (benefit)

 

1,041

 

625

 

1,211

 

(344)

 

 

2,533

Net income (loss)

$

5,361

$

1,749

$

3,234

$

(731)

$

$

9,613

Total assets

$

1,386,332

$

101,554

$

309,705

$

19,696

$

(249,291)

$

1,567,996

Capital expenditures

$

1,288

$

76

$

40

$

67

$

$

1,471