v3.26.3
Segment Reporting
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
Note 10  - Segment Reporting

The Company’s reportable segment is determined by the Chief Executive Officer, who is the designated the chief operating decision maker, based upon information provided about the Company’s products and services offered, primarily banking operations. The segment is also distinguished by the level of information provided to the chief operating decision maker, who uses such information to review performance of various components of the business such as branches, which are then aggregated if operating performance, products/services, and customers are similar. The chief operating decision maker will evaluate the financial performance of the Company’s business components such as by evaluating revenue streams, significant expenses, and budget to actual results in assessing the Company’s segment and in the determination of allocating resources. The chief operating decision maker uses revenue streams to evaluate product pricing and significant expenses to assess performance and evaluate return on assets. The chief operating decision maker uses consolidated net income to benchmark the Company against its competitors. The benchmarking analysis coupled with monitoring of budget to actual results are used in assessment performance and in establishing compensation. Loans, investments, and deposits provide the revenues in the banking operation. Interest expense, provisions for credit losses, payroll, and occupancy expenses provide the significant expenses in the banking operation. All operations are domestic.
The measure of segment assets is reported on the balance sheet as total consolidated assets. Segment performance is evaluated using consolidated net income. Information reported internally for performance assessment by the chief operating decision maker follows, inclusive of reconciliations of significant segment totals to the consolidated financial statements (in thousands):

 
  
Community Banking
  
   
Three months ended
September 30,
    
Nine months ended
September 30,
  
   
2026
    
2025
    
2026
    
2025
  
Total Interest and Dividend Income
  
$
43,414
    
$
40,254
    
$
123,196
    
$
118,017
  
Total non-interest income
    
4,308
      
3,854
      
12,012
      
10,946
  
Total Consolidated Revenues
    
47,722
      
44,108
      
135,208
      
128,963
  
Less:
                               
Interest Expense
    
16,157
      
15,114
      
44,132
      
46,227
  
Segment net interest income and non-interest income
    
31,565
      
28,994
      
91,076
      
82,736
  
Less:
                               
Provision for credit losses
    
-
      
500
      
1,000
      
1,875
  
Salaries and employee benefits
    
10,633
      
9,924
      
31,181
      
30,189
  
Occupancy
   
1,241
      
1,320
      
3,942
      
3,858
  
Other segment expenses
    
5,150
      
4,840
      
15,369
      
14,512
  
Income Taxes
    
2,620
      
2,405
      
7,100
      
6,213
  
Segment net income/consolidated net income
  
$
11,921
    
$
10,005
    
$
32,484
    
$
26,089