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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
INTEREST INCOME    
Interest and fees on loans $ 64,795 $ 56,420
Interest and dividends on investment securities:    
Taxable 5,006 2,997
Interest on deposits with other banks 368 260
Total interest income 70,169 59,677
INTEREST EXPENSE    
Interest on deposits 4,461 6,440
Interest on short-term borrowings 8 5
Interest on long-term borrowings 1,570 635
Total interest expense 6,039 7,080
NET INTEREST INCOME 64,130 52,597
Provision for credit losses (358) 3,900
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 64,488 48,697
NONINTEREST INCOME    
Service charges on deposit accounts 3,396 2,839
Trust and investment fee income 1,881 1,558
Gains on sales and calls of investment securities 2 347
Interchange credits 3,964 3,006
Mortgage-banking revenue 948  
Title Company revenue 247  
Other noninterest income 3,060 2,999
Total noninterest income 13,498 10,749
NONINTEREST EXPENSE    
Salaries and wages 21,222 14,935
Employee benefits 7,262 6,461
Occupancy expense 3,690 2,919
Furniture and equipment expense 1,553 1,224
Data processing 5,001 4,288
Directors' fees 620 504
Amortization of other intangible assets 734 533
FDIC insurance premium expense 1,015 485
Other real estate owned expenses, net 4 56
Legal and professional fees 1,742 2,296
Merger-related expenses 8,530  
Other noninterest expenses 5,433 4,698
Total noninterest expense 56,806 38,399
Income before income taxes 21,180 21,047
Income tax expense 5,812 5,317
Net income $ 15,368 $ 15,730
Earnings per common share - Basic and diluted    
Basic net income per common share $ 1.17 $ 1.27
Diluted net income per common share 1.17 1.27
Dividends paid per common share $ 0.48 $ 0.48