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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
INTEREST INCOME    
Interest and fees on loans $ 99,122 $ 64,795
Interest and dividends on investment securities:    
Interest and dividends on taxable investment securities 11,507 5,006
Interest and dividends on tax-exempt investment securities 6  
Interest on deposits with other banks 3,210 368
Total interest income 113,845 70,169
INTEREST EXPENSE    
Interest on deposits 9,983 4,461
Interest on short-term borrowings 74 8
Interest on long-term borrowings 2,486 1,570
Total interest expense 12,543 6,039
NET INTEREST INCOME 101,302 64,130
Provision for credit losses 1,925 (358)
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 99,377 64,488
NONINTEREST INCOME    
Service charges on deposit accounts 5,652 3,396
Trust and investment fee income 1,784 1,881
Gains on sales and calls of investment securities   2
Interchange credits 4,812 3,964
Mortgage-banking revenue 5,210 948
Title Company revenue 1,340 247
Other noninterest income 4,288 3,060
Total noninterest income 23,086 13,498
NONINTEREST EXPENSE    
Salaries and wages 35,931 21,222
Employee benefits 9,908 7,262
Occupancy expense 6,242 3,690
Furniture and equipment expense 2,018 1,553
Data processing 6,890 5,001
Directors' fees 839 620
Amortization of other intangible assets 1,988 734
FDIC insurance premium expense 1,426 1,015
Other real estate owned expenses, net 65 4
Legal and professional fees 2,840 1,742
Merger-related expenses 2,098 8,530
Other noninterest expenses 10,077 5,433
Total noninterest expense 80,322 56,806
Income before income taxes 42,141 21,180
Income tax expense 10,964 5,812
NET INCOME $ 31,177 $ 15,368
Earnings per common share - Basic and diluted    
Basic net income per common share $ 1.57 $ 1.17
Diluted net income per common share 1.57 1.17
Dividends paid per common share $ 0.48 $ 0.48