Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting

Schedule of Information for the Operating Segments




			December 31, 2025

			Community			Wealth
(in thousands)			Banking			Management			Total
Interest income			$	100,848		$	—		$	100,848
Interest expense				32,735			—			32,735
Net interest income				68,113			—			68,113
Credit loss expense				2,743			—			2,743
Net interest income after credit loss expense				65,370			—			65,370
Other operating income:
Net gains on investments, available for sale				97			—			97
Net gains on sales of residential mortgages				533			—			533
Net losses on disposal of fixed assets				(228)			—			(228)
Service charges on deposit accounts				2,255			—			2,255
Other service charges				845			—			845
Trust department income				—			9,824			9,824
Debit card income				4,057			—			4,057
Brokerage commissions				—			1,445			1,445
Other segment income (1)				1,740			—			1,740
Total other operating income				9,299			11,269			20,568
Other operating expenses:
Salaries and employee benefits				24,761			4,586			29,347
Equipment and occupancy				4,982			95			5,077
Data processing				5,890			353			6,243
FDIC premiums				1,051			—			1,051
Other segment expenses (2)				11,217			470			11,687
Total operating expenses				47,901			5,504			53,405
Income before income taxes and intercompany fees				26,768			5,765			32,533
Intercompany management fee income (expense)				12			(12)			—
Income before income taxes				26,780			5,753			32,533
Income tax expense				6,808			1,210			8,018
Net income			$	19,972		$	4,543		$	24,515
Significant noncash items
Credit loss expense			$	2,743		$	—		$	2,743
Depreciation				2,527			16			2,543
Amortization of intangible assets				119			210			329

Intangible assets			$	11,235		$	209		$	11,444

Total assets			$	2,086,898		$	555		$	2,087,453

(1)

Other segment income includes net gains/(losses) on disposals of fixed assets, bank owned life insurance income, and miscellaneous income.

(2)

Other segment expenses include professional services, contract labor, line rentals, investor relations, contributions, net OREO expense/(income), and miscellaneous expenses.


			December 31, 2024

			Community			Wealth
(in thousands)			Banking			Management			Total
Interest income			$	91,993		$	—		$	91,993
Interest expense				32,015			—			32,015
Net interest income				59,978			—			59,978
Credit loss expense				2,933			—			2,933
Net interest income after credit loss expense				57,045			—			57,045
Other operating income:
Net gains on sales of residential mortgages				414			—			414
Service charges on deposit accounts				2,220			—			2,220
Other service charges				887			—			887
Trust department income				—			9,094			9,094
Debit card income				4,065			—			4,065
Brokerage commissions				—			1,449			1,449
Other segment income (1)				1,696			—			1,696
Total other operating income				9,282			10,543			19,825
Other operating expenses:
Salaries and employee benefits				23,767			4,262			28,029
Equipment and occupancy				5,445			108			5,553
Data processing				5,418			343			5,761
FDIC premiums				1,070			—			1,070
Other segment expenses (2)				8,766			461			9,227
Total operating expenses				44,466			5,174			49,640
Income before income taxes and intercompany fees				21,861			5,369			27,230
Intercompany management fee income (expense)				12			(12)			—
Income before income taxes				21,873			5,357			27,230
Income tax expense				5,533			1,128			6,661
Net income			$	16,340		$	4,229		$	20,569
Significant noncash items
Credit loss expense			$	2,933		$	—		$	2,933
Depreciation				3,285			16			3,301
Amortization of intangible assets				120			210			330

Intangible assets			$	11,354		$	419		$	11,773

Total assets			$	1,972,513		$	509		$	1,973,022

(1)

Other segment income includes net gains/(losses) on disposals of fixed assets, bank owned life insurance income, and miscellaneous income.

(2)

Other segment expenses include professional services, contract labor, line rentals, investor relations, contributions, net OREO expense/(income), and miscellaneous expenses.