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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income:      
Loans and leases, including fees $ 186,479 $ 136,381 $ 118,582
Securities:      
Taxable 16,665 11,799 3,813
Tax-exempt 1,418 2,166 1,215
Federal funds sold and other earning assets 13,481 8,488 1,622
Total interest income 218,043 158,834 125,232
Interest expense:      
Deposits 84,260 18,228 8,849
Borrowings 936 602 540
Subordinated debt 2,767 2,503 2,449
Total interest expense 87,963 21,333 11,838
Net interest income 130,080 137,501 113,394
Provision for credit losses   4,018 1,633
Provision for credit losses, post ASU 2019-04 3,029    
Net interest income after provision for credit losses 127,051 133,483 111,761
Noninterest income:      
Service charges on deposit accounts 6,511 5,853 4,650
Gain (loss) on sale of securities (6,801) 144 45
Mortgage banking 1,040 1,552 4,040
Investment services 5,105 4,144 2,167
Insurance commissions 4,684 3,595 3,285
Interchange and debit card transaction fees, net 5,457 5,435 4,284
Other 6,329 6,992 5,478
Total noninterest income 22,325 27,715 23,949
Noninterest expense:      
Salaries and employee benefits 65,749 63,420 51,656
Occupancy and equipment 13,451 12,034 10,196
FDIC insurance 3,156 2,672 1,833
Other real estate and loan related expense 2,397 2,446 2,098
Advertising and marketing 1,342 1,293 830
Data processing and technology 9,235 7,283 6,364
Professional services 3,443 3,790 3,147
Amortization of intangibles 2,624 2,607 2,256
Merger related and restructuring expenses 110 562 3,701
Other 11,643 10,183 9,310
Total noninterest expense 113,150 106,290 91,391
Income before income tax expense 36,226 54,908 44,319
Income tax expense 7,633 11,886 9,529
Net income $ 28,593 $ 43,022 $ 34,790
Earnings per common share:      
Basic (in dollars per share) $ 1.70 $ 2.57 $ 2.23
Diluted (in dollars per share) $ 1.69 $ 2.55 $ 2.22
Weighted average common shares outstanding:      
Basic (in shares) 16,805,068 16,740,450 15,572,537
Diluted (in shares) 16,911,185 16,871,369 15,699,215