| Schedule of segment information |
The following table presents segment information as of and for the three and nine months ended September 30, 2020 and 2019 (in thousands):
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Commercial
|
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Mortgage
|
|
|
|
|
Consolidated
|
|
|
|
Banking
|
|
Banking
|
|
Eliminations
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|
Totals
|
|
Three Months Ended September 30, 2020
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|
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|
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|
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|
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|
|
|
|
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|
|
|
|
|
|
|
|
|
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Revenues
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income
|
|
$
|
6,430
|
|
$
|
156
|
|
$
|
(46)
|
|
$
|
6,540
|
|
Gain on sale of loans
|
|
|
—
|
|
|
3,585
|
|
|
—
|
|
|
3,585
|
|
Other revenues
|
|
|
666
|
|
|
346
|
|
|
(62)
|
|
|
950
|
|
Total revenues
|
|
|
7,096
|
|
|
4,087
|
|
|
(108)
|
|
|
11,075
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expenses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Provision for loan losses
|
|
|
250
|
|
|
—
|
|
|
—
|
|
|
250
|
|
Interest expense
|
|
|
1,069
|
|
|
46
|
|
|
(46)
|
|
|
1,069
|
|
Salaries and benefits
|
|
|
2,526
|
|
|
1,118
|
|
|
—
|
|
|
3,644
|
|
Commissions
|
|
|
—
|
|
|
1,054
|
|
|
—
|
|
|
1,054
|
|
Other expenses
|
|
|
1,873
|
|
|
300
|
|
|
(62)
|
|
|
2,111
|
|
Total operating expenses
|
|
|
5,718
|
|
|
2,518
|
|
|
(108)
|
|
|
8,128
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before income taxes
|
|
|
1,378
|
|
|
1,569
|
|
|
—
|
|
|
2,947
|
|
Income tax expense
|
|
|
349
|
|
|
329
|
|
|
—
|
|
|
678
|
|
Net income
|
|
$
|
1,029
|
|
$
|
1,240
|
|
$
|
—
|
|
$
|
2,269
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Total assets
|
|
$
|
728,707
|
|
$
|
13,789
|
|
$
|
(15,132)
|
|
$
|
727,364
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
Mortgage
|
|
|
|
|
Consolidated
|
|
|
|
Banking
|
|
Banking
|
|
Eliminations
|
|
Totals
|
|
Three Months Ended September 30, 2019
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Revenues
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income
|
|
$
|
5,879
|
|
$
|
197
|
|
$
|
(66)
|
|
$
|
6,010
|
|
Gain on sale of loans
|
|
|
—
|
|
|
2,200
|
|
|
—
|
|
|
2,200
|
|
Other revenues
|
|
|
725
|
|
|
250
|
|
|
(52)
|
|
|
923
|
|
Total revenues
|
|
|
6,604
|
|
|
2,647
|
|
|
(118)
|
|
|
9,133
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expenses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense
|
|
|
1,398
|
|
|
66
|
|
|
(66)
|
|
|
1,398
|
|
Salaries and benefits
|
|
|
2,009
|
|
|
832
|
|
|
—
|
|
|
2,841
|
|
Commissions
|
|
|
—
|
|
|
657
|
|
|
—
|
|
|
657
|
|
Other expenses
|
|
|
1,821
|
|
|
278
|
|
|
(52)
|
|
|
2,047
|
|
Total operating expenses
|
|
|
5,228
|
|
|
1,833
|
|
|
(118)
|
|
|
6,943
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before income taxes
|
|
|
1,376
|
|
|
814
|
|
|
—
|
|
|
2,190
|
|
Income tax expense
|
|
|
292
|
|
|
171
|
|
|
|
|
|
463
|
|
Net income
|
|
$
|
1,084
|
|
$
|
643
|
|
$
|
—
|
|
$
|
1,727
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets
|
|
$
|
561,453
|
|
$
|
10,854
|
|
$
|
(12,378)
|
|
$
|
559,929
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
Mortgage
|
|
|
|
|
Consolidated
|
|
|
|
Banking
|
|
Banking
|
|
Eliminations
|
|
Totals
|
|
Nine Months Ended September 30, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income
|
|
$
|
18,107
|
|
$
|
401
|
|
$
|
(91)
|
|
$
|
18,417
|
|
Gain on sale of loans
|
|
|
—
|
|
|
8,014
|
|
|
—
|
|
|
8,014
|
|
Other revenues
|
|
|
1,970
|
|
|
820
|
|
|
(179)
|
|
|
2,611
|
|
Total revenues
|
|
|
20,077
|
|
|
9,235
|
|
|
(270)
|
|
|
29,042
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expenses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Provision for loan losses
|
|
|
950
|
|
|
—
|
|
|
—
|
|
|
950
|
|
Interest expense
|
|
|
3,575
|
|
|
91
|
|
|
(91)
|
|
|
3,575
|
|
Salaries and benefits
|
|
|
6,362
|
|
|
2,916
|
|
|
—
|
|
|
9,278
|
|
Commissions
|
|
|
—
|
|
|
2,269
|
|
|
—
|
|
|
2,269
|
|
Other expenses
|
|
|
5,187
|
|
|
878
|
|
|
(179)
|
|
|
5,886
|
|
Total operating expenses
|
|
|
16,074
|
|
|
6,154
|
|
|
(270)
|
|
|
21,958
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before income taxes
|
|
|
4,003
|
|
|
3,081
|
|
|
—
|
|
|
7,084
|
|
Income tax espense
|
|
|
935
|
|
|
647
|
|
|
—
|
|
|
1,582
|
|
Net income
|
|
$
|
3,068
|
|
$
|
2,434
|
|
$
|
—
|
|
$
|
5,502
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets
|
|
$
|
728,707
|
|
$
|
13,789
|
|
$
|
(15,132)
|
|
$
|
727,364
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
Mortgage
|
|
|
|
|
Consolidated
|
|
|
|
Banking
|
|
Banking
|
|
Eliminations
|
|
Totals
|
|
Nine Months Ended September 30, 2019
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income
|
|
$
|
17,296
|
|
$
|
384
|
|
$
|
(90)
|
|
$
|
17,590
|
|
Gain on sale of loans
|
|
|
—
|
|
|
4,605
|
|
|
—
|
|
|
4,605
|
|
Other revenues
|
|
|
2,296
|
|
|
562
|
|
|
(162)
|
|
|
2,696
|
|
Total revenues
|
|
|
19,592
|
|
|
5,551
|
|
|
(252)
|
|
|
24,891
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expenses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense
|
|
|
3,960
|
|
|
90
|
|
|
(90)
|
|
|
3,960
|
|
Salaries and benefits
|
|
|
7,057
|
|
|
2,421
|
|
|
—
|
|
|
9,478
|
|
Commissions
|
|
|
—
|
|
|
1,369
|
|
|
—
|
|
|
1,369
|
|
Other expenses
|
|
|
5,460
|
|
|
794
|
|
|
(162)
|
|
|
6,092
|
|
Total operating expenses
|
|
|
16,477
|
|
|
4,674
|
|
|
(252)
|
|
|
20,899
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before income taxes
|
|
|
3,115
|
|
|
877
|
|
|
—
|
|
|
3,992
|
|
Income tax espense
|
|
|
633
|
|
|
186
|
|
|
—
|
|
|
819
|
|
Net income
|
|
$
|
2,482
|
|
$
|
691
|
|
$
|
—
|
|
$
|
3,173
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets
|
|
$
|
561,453
|
|
$
|
10,854
|
|
$
|
(12,378)
|
|
$
|
559,929
|
|