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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest and Dividend Income:      
Interest and fees on loans $ 106,471 $ 82,568 $ 87,040
Interest and dividends on securities:      
Taxable 10,358 10,065 7,309
Tax-exempt 139 407 385
Dividends 676 473 464
Other interest income 2,585 2,491 598
Total interest and dividend income 120,229 96,004 95,796
Interest Expense:      
Interest on deposits 28,843 3,553 3,645
Interest on short-term borrowings 5,192 659 22
Interest on subordinated debt 0 0 203
Interest on junior subordinated debt 1,612 1,554 1,535
Total interest expense 35,647 5,766 5,405
Net Interest Income 84,582 90,238 90,391
Provision for (recovery of) credit losses 495 1,597 (2,825)
Net Interest Income after Provision for (Recovery of) Credit Losses 84,087 88,641 93,216
Noninterest Income:      
Securities (losses) gains, net (68) 0 35
Income from Small Business Investment Companies 932 1,409 1,972
Income from insurance investments 764 747 1,199
Losses on premises and equipment, net (155) (228) (885)
Other 1,647 1,003 932
Total noninterest income 18,336 18,807 21,031
Noninterest Expense:      
Salaries and employee benefits 36,356 36,382 32,342
Occupancy and equipment 6,219 6,075 6,032
FDIC assessment 1,404 903 864
Bank franchise tax 2,052 1,953 1,767
Amortization of intangible assets 1,069 1,260 1,464
Data processing 3,565 3,310 2,958
Software 1,829 1,505 1,368
Other real estate owned, net (10) 3 131
Merger related expenses 2,577 0 0
Other 12,989 12,695 12,082
Total noninterest expense 68,050 64,086 59,008
Income Before Income Taxes 34,373 43,362 55,239
Income Taxes 8,214 8,934 11,713
Net Income $ 26,159 $ 34,428 $ 43,526
Net Income Per Common Share:      
Basic (in dollars per share) $ 2.46 $ 3.23 $ 4
Diluted (in dollars per share) $ 2.46 $ 3.23 $ 4
Weighted Average Common Shares Outstanding:      
Basic (in shares) 10,627,709 10,672,314 10,873,817
Diluted (in shares) 10,628,559 10,674,613 10,877,231
Asset Management [Member]      
Noninterest Income:      
Noninterest Income $ 6,751 $ 6,521 $ 6,019
Deposit Account [Member]      
Noninterest Income:      
Noninterest Income 2,216 2,676 2,611
Interchange Service [Member]      
Noninterest Income:      
Noninterest Income 4,775 4,107 4,152
Financial Service, Other [Member]      
Noninterest Income:      
Noninterest Income 650 906 801
Mortgage Banking [Member]      
Noninterest Income:      
Noninterest Income $ 824 $ 1,666 $ 4,195