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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest income:    
Loans, including fees $ 25,765 $ 29,200
Investment securities:    
Taxable 1,132 818
Nontaxable 1,004 945
Federal funds sold 335 164
Total interest income 28,236 31,127
Interest expense:    
Deposits 3,056 4,153
FHLB borrowings 0 741
Total interest expense 3,056 4,894
Net interest income 25,180 26,233
Credit loss expense (benefit) 1,104 (2,984)
Net interest income after credit loss expense (benefit) 24,076 29,217
Noninterest income:    
Net gain on sale of loans 811 3,003
Other noninterest income 518 482
Noninterest income 7,477 9,038
Noninterest expenses:    
Salaries and employee benefits 10,396 10,564
Occupancy 1,132 1,138
Furniture and equipment 1,697 1,983
Office supplies and postage 484 454
Advertising and business development 730 535
Outside services 2,950 3,188
FDIC insurance assessment 281 258
Other noninterest expense 405 579
Noninterest expenses 18,075 18,699
Income before income taxes 13,478 19,556
Income taxes 2,826 4,359
Net income $ 10,652 $ 15,197
Earnings per share:    
Basic (in dollars per share) $ 1.15 $ 1.63
Diluted (in dollars per share) $ 1.15 $ 1.63
Trust fees    
Noninterest income:    
Fee income $ 3,268 $ 3,013
Service charges and fees    
Noninterest income:    
Fee income $ 2,880 $ 2,540