v3.26.3
SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Our reportable segments are determined by the Chief Executive Officer and Chief Financial Officer, who are each designated as a chief operating decision maker ("CODM"), based upon information provided by our products and services offered, primarily banking operations. The segments are also distinguished by the level of information provided to the CODM, who uses such information to review performance of various components of the business, which are aggregated if operating performance, products/services, and customers are similar. The CODM will evaluate the financial performance of our business components such as by evaluating revenue streams, significant expenses, and budget to actual results in assessing our segment and in the determination of allocating resources. The CODM uses consolidated net income, total assets, total loans, and total deposits to benchmark us against our competitors. The benchmarking analysis coupled with monitoring of budget to actual results are used to assess performance and in establishing compensation. Loans, investments, and deposits provide the revenues in the banking operation. Interest expense, provisions for credit losses and payroll provide the significant expenses in the banking operation. All operations are domestic.
Segment performance is evaluated using consolidated net income, total assets, total loans, and total deposits. The following table presents information reported internally for performance assessment by the CODM for the dates indicated:
For the Three Months Ended
For the Nine Months Ended September 30,
September 30, 2026June 30, 2026September 30, 202520262025
Banking Segment(dollars in thousands)
Interest and dividend income$59,307 $57,159 $57,392 $173,269 $163,933 
Reconciliation of revenue
Other revenues5,105 3,018 3,293 12,374 14,066 
Total consolidated revenues$64,412 $60,177 $60,685 $185,643 $177,999 
Less:
Interest expense27,546 27,073 28,115 80,919 81,159 
Segment net interest income and noninterest income$36,866 $33,104 $32,570 $104,724 $96,840 
Less:
Provision for credit losses500 — 625 300 9,758 
Salaries and benefits expense11,467 11,045 10,600 33,773 32,323 
Other segment items (1)
8,081 7,977 8,083 24,055 25,375 
Income tax expense4,181 3,942 3,114 12,519 7,613 
Consolidated net income$12,637 $10,140 $10,148 $34,077 $21,771 
Total Assets$4,251,296 $4,275,002 $4,208,455 $4,251,296 $4,208,455 
Total Loans$3,399,214 $3,309,459 $3,303,333 $3,399,214 $3,303,333 
Total Deposits$3,395,280 $3,390,641 $3,366,497 $3,395,280 $3,366,497 
(1)Other segment items include expenses for occupancy and equipment, data processing, legal and professional, office, marketing and business promotion, insurance and regulatory assessments, core deposit intangible amortization and other expenses.