v3.26.1
Segments (Tables)
 6 Months Ended
Jun. 30, 2026
Two Reportable Segment [Member]  
Segment Reporting [Line Items]  
Schedule of Business Segment

Selected financial information by business segment is as follows for the three months ended June 30, 2026:

 

Schedule of Business Segment

Three Months Ended June 30, 2026

 

Commercial

  

Mortgage

Banking

  

Eliminations

  

Total

 
                 
Net interest income  $14,114   $61   $(11)  $14,164 
Credit loss expense   1,083    0    0    1,083 
Mortgage banking revenues   345    2,336    19    2,700 
All other non-interest income   1,458    0    245    1,703 
Non-interest expenses   8,951    2,931    (40)   11,842 
Income (loss) before income tax expense   5,883    (534)   293    5,642 
Income tax expense (benefit)   1,657    (132)   0    1,525 
Net income (loss)   4,226    (402)   293    4,117 

 

 

TRI-COUNTY FINANCIAL GROUP, INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(000s omitted except share data)

 

(17) Segments (continued):

 

Selected financial information by business segment is as follows for the six months ended June 30, 2026:

 

Six Months Ended June 30, 2026

 

Commercial

  

Mortgage

Banking

  

Eliminations

  

Total

 
                 
Net interest income  $27,728   $140   $(20)  $27,848 
Credit loss expense   778    0    0    778 
Mortgage banking revenues   715    4,485    35    5,235 
All other non-interest income   2,821    0    459    3,280 
Non-interest expenses   18,224    5,696    (81)   23,839 
Income (loss) before income tax expense   12,262    (1,071)   555    11,746 
Income tax expense (benefit)   3,442    (285)   0    3,157 
Net income (loss)   8,820    (786)   555    8,589 

 

Selected financial information by business segment is as follows for the three months ended June 30, 2025:

 

Three Months Ended June 30, 2025

 

Commercial

  

Mortgage

Banking

  

Eliminations

  

Total

 
                 
Net interest income  $12,198   $60   $(14)  $12,244 
Recovery of credit loss expense   (113)   0    0    (113)
Mortgage banking revenues   298    2,988    24    3,310 
All other non-interest income   1,348    0    0    1,348 
Non-interest expenses   9,247    3,015    (40)   12,222 
Income (loss) before income tax expense   4,790    33    (30)   4,793 
Income tax expense (benefit)   1,265    21    0    1,286 
Net income (loss)   3,525    12    (30)   3,507 

 

Selected financial information by business segment is as follows for the six months ended June 30, 2025:

 

Six Months Ended June 30, 2025

 

Commercial

  

Mortgage

Banking

  

Eliminations

  

Total

 
                 
Net interest income  $23,738   $166   $(22)  $23,882 
Credit loss expense   388    0    0    388 
Mortgage banking revenues   635    4,816    37    5,488 
All other non-interest income   2,766    0    0    2,766 
Non-interest expenses   17,963    5,640    (81)   23,522 
Income (loss) before income tax expense   8,950    (658)   (66)   8,226 
Income tax expense (benefit)   2,341    (176)   0    2,165 
Net income (loss)   6,609    (482)   (66)   6,061