v3.26.1
SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company’s reportable segment is determined by the Chief Financial Officer, who is the designated chief operating decision maker (the “Chief Operating Decision Maker”), based upon information provided about the performance of products and services offered in its banking operations. Banking operations consist primarily of lending, deposit and investment activities. The segment is also distinguished by the level of information provided to the chief operating decision maker, who uses such information to review the performance of various components of the business. Components of the Company’s business include various lending and deposit product offerings, the Company’s investment portfolio, banking branches and market geographies. The Chief Operating Decision Maker will evaluate the financial performance of the Company’s business components, such as by evaluating revenue, interest margins, significant expenses, and budget to actual operating results in assessing the Company’s segment and in determining the allocation of resources. The Chief Operating Decision Maker uses consolidated net income to benchmark the Company against competitors. Loans, investments, and deposits provide the revenue streams of the banking operation. Interest expense, provisions for credit losses, and compensation costs provide the significant expenses of the operation. All operations are domestic.
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Interest and dividend income$22,034 $22,502 $43,550 $43,605 
Reconciliation of revenue
Other Revenue2,607 2,836 5,706 5,429 
Total consolidated revenues24,641 25,338 49,256 49,034 
Less:
Interest expense8,530 9,191 17,036 18,700 
Segment net interest income and non-interest income16,111 16,147 32,220 30,334 
Less:
Provision for credit losses4,325 1,350 5,075 1,100 
Compensation and related benefits (expense)5,712 6,008 11,778 11,605 
Other expenses4,837 4,742 9,498 9,608 
Provision for income taxes (expense)135 777 1,012 1,554 
Segment net income/consolidated net income$1,102 $3,270 $4,857 $6,467 
Other segment disclosures:
Interest income$22,034 $22,502 $43,550 $43,605 
Interest expense$8,530 $9,191 $17,036 $18,700 
Depreciation$487 $518 $961 $1,044 
Amortization$113 $179 $226 $358 
Other significant noncash items:
Provision for credit losses$4,325 $1,350 $5,075 $1,100 
Reconciliation of assets:June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Total assets for reportable segments$1,814,309 $1,735,164 $1,814,309 $1,735,164 
Other assets— — — — 
Total consolidated assets$1,814,309 $1,735,164 $1,814,309 $1,735,164