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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Interest income:    
Loans and leases, including fees $ 44,728 $ 29,643
Securities:    
Taxable 3,651 2,418
Tax-exempt 353 368
Federal funds sold and other earning assets 4,446 486
Total interest income 53,178 32,915
Interest expense:    
Deposits 16,346 2,014
Borrowings 224 157
Subordinated debt 626 626
Total interest expense 17,196 2,797
Net interest income 35,982 30,118
Provision for credit losses 550 1,006
Net interest income after provision for credit losses 35,432 29,112
Noninterest income:    
Service charges on deposit accounts 1,445 1,319
Mortgage banking 172 834
Investment services 1,005 1,070
Insurance commissions 1,259 901
Interchange and debit card transaction fees, net 1,383 1,284
Other 1,661 1,703
Total noninterest income 6,925 7,111
Noninterest expense:    
Salaries and employee benefits 16,742 15,046
Occupancy and equipment 3,208 3,059
FDIC insurance 541 641
Other real estate and loan related expense 572 729
Advertising and marketing 355 369
Data processing and technology 2,163 1,586
Professional services 807 1,242
Amortization of intangibles 659 637
Merger related and restructuring expenses   439
Other 2,482 1,970
Total noninterest expense 27,529 25,718
Income before income tax expense 14,828 10,505
Income tax expense 3,328 2,246
Net income $ 11,500 $ 8,259
Earnings per common share:    
Basic (in dollars per share) $ 0.69 $ 0.49
Diluted (in dollars per share) $ 0.68 $ 0.49
Weighted average common shares outstanding:    
Basic (in shares) 16,791,406 16,718,371
Diluted (in shares) 16,896,494 16,858,288