Quarterly report [Sections 13 or 15(d)]

SEGMENT REPORTING

v3.25.1
SEGMENT REPORTING
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Segment Reporting
Note 11 - 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 chief executive
 
officer 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.