Annual report [Section 13 and 15(d), not S-K Item 405]

SEGMENT REPORTING

v3.25.0.1
SEGMENT REPORTING
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
SEGMENT REPORTING
Note 24
SEGMENT REPORTING
The Company operates a single reportable business segment that is comprised
 
of commercial banking within the states of Florida,
Georgia, and Alabama.
 
The Company’s CEO is deemed
 
the Chief Operating Decision Maker (“CODM”). The CODM evaluates
the financial performance of the Company by evaluating revenue streams, significant
 
expenses, and budget to actual results in
assessing the Company’s
 
single reporting segment and in the determination of allocating resources. The CODM uses consolidated
net income to benchmark the Company against peers and to evaluate performance
 
and allocate resources.
 
Significant revenue and
expense categories evaluated by the CODM are consistent with the presentation
 
of the Consolidated Statement of Income and
components of other noninterest expense as presented in Note 20.