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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest and dividend income      
Loans, including fees $ 160,755 $ 108,053 $ 92,882
Taxable securities 11,718 9,123 5,473
Tax-exempt securities 9,282 7,859 6,250
Federal funds sold and other 979 1,120 449
Total interest and dividend income 182,734 126,155 105,054
Interest expense      
Deposits 33,755 3,840 4,175
Federal Home Loan Bank advances 14,559 3,076 1,163
Subordinated debentures 4,849 3,781 955
Securities sold under agreements to repurchase and other 4,075 5,254 3,336
Total interest expense 57,238 15,951 9,629
Net interest income 125,496 110,204 95,425
Provision for credit losses 4,435 1,752 830
Net interest income after provision for credit losses 121,061 108,452 94,595
Noninterest Income      
Service charges 7,206 7,074 5,905
Net gain on sale of securities 0 10 1,786
Net gain (loss) on equity securities (21) 118 186
Net gain on sale of loans and leases 2,908 3,397 8,042
ATM/Interchange fees 5,880 5,499 5,443
Wealth management fees 4,767 4,902 4,857
Lease revenue & residual income 7,595 2,310  
Bank owned life insurance 1,112 984 1,200
Tax refund processing fees 2,375 2,375 2,375
Swap fees 673 247 207
Other 4,668 2,160 1,451
Total noninterest income 37,163 29,076 31,452
Noninterest expense      
Compensation expense 58,291 51,061 44,690
Net occupancy expense 5,395 4,701 4,213
Equipment expense 11,085 5,070 1,838
Contracted data processing 2,242 2,788 1,725
FDIC Assessment 1,637 797 1,056
State franchise tax 2,026 1,975 2,184
Professional services 4,952 5,388 2,715
Amortization of intangible assets 1,579 1,296 890
ATM/Interchange expense 2,420 2,248 2,314
Marketing expense 1,352 1,513 1,103
Software maintenance expenses 4,167 3,433 2,755
Other operating expenses 12,465 10,223 12,183
Total noninterest expense 107,611 90,493 77,666
Income before income taxes 50,613 47,035 48,381
Income taxes 7,649 7,608 7,835
Net income 42,964 39,427 40,546
Net income available to common shareholders $ 42,964 $ 39,427 $ 40,546
Earnings per common share, basic $ 2.73 $ 2.6 $ 2.63
Earnings per common share, diluted $ 2.73 $ 2.6 $ 2.63