OPERATING SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2020

OPERATING SEGMENTS

Schedule of segment reporting information, by segment

The Company is considered to have three principal business segments in 2020, 2019, and 2018, the Commercial/Retail Bank, the Mortgage Banking Division, and the Holding Company.

	Year Ended December 31, 2020
	Commercial/		Mortgage
	Retail		Banking		Holding
($ in thousands)	Bank		Division		Company		Total
Interest income	$	178,462	$	866	$	20	$	179,348
Interest expense		20,801		270		5,593		26,664
Net interest income (loss)		157,661		596		(5,573)		152,684
Provision (credit) for loan losses		25,076		75		—		25,151
Net interest income (loss) after provision for loan losses		132,585		521		(5,573)		127,533
Non-interest income		30,538		10,446		892		41,876
Non-interest expense		95,370		5,596		5,375		106,341
Income (loss) before income taxes		67,753		5,371		(10,056)		63,068
Income tax (benefit) expense		11,749		1,359		(2,545)		10,563
Net income (loss)	$	56,004	$	4,012	$	(7,511)	$	52,505
Total Assets	$	5,044,647	$	33,525	$	74,588	$	5,152,760
Net Loans		3,099,675		9,615		—		3,109,290

	Year Ended December 31, 2019
	Commercial/		Mortgage
	Retail		Banking		Holding
($ in thousands)	Bank		Division		Company		Total
Interest income	$	147,500	$	1,003	$	26	$	148,529
Interest expense		21,388		417		4,918		26,723
Net interest income (loss)		126,112		586		(4,892)		121,806
Provision (credit) for loan losses		3,781		(43)		—		3,738
Net interest income (loss) after provision for loan losses		122,331		629		(4,892)		118,068
Non-interest income		19,897		5,988		1,062		26,947
Non-interest expense		78,440		4,310		5,819		88,569
Income (loss) before income taxes		63,914		2,181		(9,649)		56,446
Income tax (benefit) expense		14,595		490		(2,384)		12,701
Net income (loss)	$	49,319	$	1,691	$	(7,265)	$	43,745
Total Assets	$	3,902,703	$	26,231	$	12,929	$	3,941,863
Net Loans		2,584,385		12,875		—		2,597,260

	Year Ended December 31, 2018
	Commercial/		Mortgage
	Retail		Banking		Holding
($ in thousands)	Bank		Division		Company		Total
Interest income	$	98,758	$	1,209	$	11	$	99,978
Interest expense		11,113		524		3,454		15,091
Net interest income (loss)		87,645		685		(3,443)		84,887
Provision (credit) for loan losses		2,259		(139)		—		2,120
Net interest income (loss) after provision for loan losses		85,386		824		(3,443)		82,767
Non-interest income		14,648		4,048		1,865		20,561
Non-interest expense		66,875		3,848		5,588		76,311
Income (loss) before income taxes		33,159		1,024		(7,166)		27,017
Income tax (benefit) expense		7,034		254		(1,496)		5,792
Net income (loss)	$	26,125	$	770	$	(5,670)	$	21,225
Total Assets	$	2,969,560	$	23,865	$	10,592	$	3,003,986
Net Loans		2,038,395		16,799		—		2,055,195