Selected
financial information by business segment is as follows for the three months ended March 31, 2026:
Schedule
of Business Segment
2026 | |
Commercial | | |
Mortgage Banking | | |
Eliminations | | |
Total | |
| | |
| | |
| | |
| | |
| |
| Net interest income | |
$ | 13,614 | | |
$ | 79 | | |
$ | (9 | ) | |
$ | 13,684 | |
| Recovery of credit loss expense | |
| (305 | ) | |
| 0 | | |
| 0 | | |
| (305 | ) |
| Mortgage banking revenues | |
| 370 | | |
| 2,149 | | |
| 16 | | |
| 2,535 | |
| All other non-interest income | |
| 1,363 | | |
| 0 | | |
| 214 | | |
| 1,577 | |
| Non-interest expenses | |
| 9,273 | | |
| 2,765 | | |
| (41 | ) | |
| 11,997 | |
| Income tax expense (benefit) | |
| 1,785 | | |
| (153 | ) | |
| 0 | | |
| 1,632 | |
| Net income (loss) | |
| 4,594 | | |
| (384 | ) | |
| 262 | | |
| 4,472 | |
| (17) | Segments (continued): |
Selected
financial information by business segment is as follows for the three months ended March 31, 2025:
2025 | |
Commercial | | |
Mortgage Banking | | |
Eliminations | | |
Total | |
| | |
| | |
| | |
| | |
| |
| Net interest income | |
$ | 11,540 | | |
$ | 106 | | |
$ | (8 | ) | |
$ | 11,638 | |
| Credit loss expense | |
| 501 | | |
| 0 | | |
| 0 | | |
| 501 | |
| Mortgage banking revenues | |
| 337 | | |
| 1,828 | | |
| 13 | | |
| 2,178 | |
| All other non-interest income | |
| 1,097 | | |
| 0 | | |
| 321 | | |
| 1,418 | |
| Non-interest expenses | |
| 8,716 | | |
| 2,625 | | |
| (41 | ) | |
| 11,300 | |
| Income tax expense (benefit) | |
| 1,076 | | |
| (197 | ) | |
| 0 | | |
| 879 | |
| Net income (loss) | |
| 2,681 | | |
| (494 | ) | |
| 367 | | |
| 2,554 | |
|