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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Interest income:    
Loans, including fees $ 114,662 $ 74,936
Taxable securities 6,806 3,622
Nontaxable securities 977 1,253
Other interest and dividends 9,815 3,039
Total interest income 132,260 82,850
Interest expense:    
Deposits 45,368 8,906
Other borrowings 6,780 2,606
Total interest expense 52,148 11,512
Net interest income 80,112 71,338
Provision for credit losses 6,090 5,605
Net interest income after provision for credit losses 74,022 65,733
Noninterest income:    
Service charges on deposit accounts $ 1,790 $ 1,863
Revenue, Product and Service [Extensible Enumeration] Deposit Account [Member] Deposit Account [Member]
Swap fees $ 691 $ 49
SBA/USDA fees 344 646
Mortgage origination fees 533 815
Net gain (loss) on securities 555 (632)
Other operating income 4,961 5,936
Total noninterest income 8,874 8,677
Noninterest expenses:    
Salaries and employee benefits 25,665 24,597
Equipment and occupancy expenses 2,776 2,918
Data processing fees 2,528 2,444
Regulatory assessments 1,198 925
Other operating expenses 9,709 8,730
Total noninterest expenses 41,876 39,614
Income before income taxes 41,020 34,796
Income tax expense 9,068 7,725
Net income $ 31,952 $ 27,071
Basic earnings per share (in dollars per share) $ 3.63 $ 3.08
Dilutive earnings per share (in dollars per share) $ 3.53 $ 3.02