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Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
INTEREST INCOME      
Loans $ 70,562 $ 72,955 $ 64,753
Interest bearing deposits at banks 596 187 247
Securities:      
Taxable 8,037 4,224 3,587
Non-taxable 287 214 246
Total interest income 79,482 77,580 68,833
INTEREST EXPENSE      
Deposits 3,589 2,864 7,721
Other borrowings 1,147 315 311
Subordinated debt 1,791 1,616 1,019
Total interest expense 6,527 4,795 9,051
NET INTEREST INCOME 72,955 72,785 59,782
PROVISION (CREDIT) FOR LOAN LOSSES 2,739 (1,513) 5,351
NET INTEREST INCOME AFTER PROVISION (CREDIT) FOR LOAN LOSSES 70,216 74,298 54,431
NON-INTEREST INCOME      
Deposit service charges 2,861 2,531 2,242
Insurance service and fees 10,453 10,457 10,610
Gain on loans sold 95 11 383
Bank-owned life insurance 707 853 680
Loss on tax credit investments   (30) (2,475)
Refundable state historic tax credit   21 1,857
Gain on sale of securities     667
Interchange fee income 2,071 2,116 1,755
Other 3,084 2,888 2,518
Total non-interest income 19,271 18,847 18,237
NON-INTEREST EXPENSE      
Salaries and employee benefits 38,854 38,612 32,990
Occupancy 4,619 4,698 4,296
Advertising and public relations 1,159 1,427 1,128
Professional services 3,425 3,587 3,544
Technology and communications 5,187 5,376 5,234
Amortization of intangibles 400 537 533
Merger-related expenses     5,958
FDIC insurance 1,025 1,133 1,090
Other 5,266 5,849 5,087
Total non-interest expense 59,935 61,219 59,860
INCOME BEFORE INCOME TAXES 29,552 31,926 12,808
INCOME TAX PROVISION 7,163 7,883 1,562
NET INCOME $ 22,389 $ 24,043 $ 11,246
Net income per common share-basic $ 4.07 $ 4.41 $ 2.15
Net income per common share-diluted $ 4.04 $ 4.37 $ 2.13
Weighted average number of common shares outstanding 5,495,044 5,447,057 5,232,881
Weighted average number of diluted shares outstanding 5,536,375 5,501,511 5,268,560