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The following tables present a summary of our quarterly financial information for the periods indicated. (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]                      
Interest and dividend income $ 23,585 $ 21,754 $ 20,646 $ 19,943 $ 19,926 $ 20,238 $ 19,652 $ 20,033 $ 85,928 $ 79,849 $ 82,875
Interest expense 2,731 1,466 1,254 1,245 1,344 1,473 1,848 2,007 6,696 6,672 18,445
Net interest and dividend income 20,854 20,288 19,392 18,698 18,582 18,765 17,804 18,026 79,232 73,177 64,430
Provision (credit) for loan losses 150 675 300 (425) 300 (100) (1,200) 75 700 (925) 7,775
(Loss) gain on available-for-sale securities, net (4) 2 (12) (62) (4) (72) 1,965
Unrealized (losses) gains on marketable equity securities, net 19 (235) (225) (276) (96) 11 6 (89) (717) (168) 109
Loss on interest rate swap termination         (402) (402) (2,353)
Gain on non-marketable equity investments 70 211 141 352 546 422 898
BOLI death benefit         555 555
Gain on defined benefit plan curtailment 2,807 [1]         2,807
Gain on sale of mortgages 2 289 665 242 227 2 1,423
Other non-interest income 2,757 2,614 2,825 2,626 2,756 2,617 2,575 2,382      
Non-interest income 5,653 2,590 2,741 2,348 3,856 3,295 2,409 3,004 13,332 12,564 9,251
Non-interest expense 14,003 14,343 14,433 14,456 13,923 14,018 13,674 13,327 57,235 54,942 51,750
Income before income taxes 12,354 7,860 7,400 7,015 8,215 8,142 7,739 7,628 34,629 31,724 14,156
Income tax provision 3,320 1,861 1,865 1,696 1,995 2,106 2,087 1,837 8,742 8,025 2,941
Net income $ 9,034 $ 5,999 $ 5,535 $ 5,319 $ 6,220 $ 6,036 $ 5,652 $ 5,791 $ 25,887 $ 23,699 $ 11,215
Basic earnings per share $ 0.42 $ 0.28 $ 0.25 $ 0.24 $ 0.28 $ 0.27 $ 0.24 $ 0.24 $ 1.18 $ 1.02 $ 0.45
Diluted earnings per share $ 0.42 $ 0.28 $ 0.25 $ 0.24 $ 0.28 $ 0.27 $ 0.24 $ 0.24 $ 1.18 $ 1.02 $ 0.45
[1] The increase in non-interest income for the three months ended December 31, 2022 was due to a $2.8 million gain on defined benefit plan curtailment resulting from the termination of the Company’s pension plan, which became effective October 31, 2022, subject to regulatory approvals.