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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Interest and dividend income    
Loans and leases, including fees $ 22,338 $ 12,828
Securities 215 224
FHLB and FRB stock dividends 121 62
Federal funds sold and other 1,502 38
Total interest and dividend income 24,176 13,152
Interest expense    
Deposits 10,419 1,684
FHLB advances and other debt 742 470
Subordinated debentures 282 224
Total interest expense 11,443 2,378
Net interest income 12,733 10,774
Provision for credit losses    
Provision for credit losses-loans 267  
Provision for credit losses-unfunded commitments (30)  
Total provision for credit losses 237  
Net interest income after provision for credit losses 12,496 10,774
Noninterest income    
Service charges on deposit accounts 304 266
Net (losses) gains on sales of residential mortgage loans (3) 557
Swap fee income 30 13
Earnings on bank owned life insurance 150 146
Other 238 64
Total noninterest income 719 1,046
Noninterest expense    
Salaries and employee benefits 3,986 3,621
Occupancy and equipment 381 319
Data processing 549 520
Franchise and other taxes 299 323
Professional fees 606 607
Director fees 170 141
Postage, printing and supplies 55 43
Advertising and marketing 183 45
Telephone 64 53
Loan expenses 172 100
Depreciation 133 115
FDIC premiums 503 151
Regulatory assessment 58 66
Other insurance 47 44
Other 485 129
Total noninterest expense 7,691 6,277
Income before incomes taxes 5,524 5,543
Income tax expense 1,076 1,025
Net income $ 4,448 $ 4,518
Earnings per common share:    
Basic $ 0.69 $ 0.70
Diluted $ 0.68 $ 0.69