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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, including fees $ 153,010 $ 139,244 $ 133,169
Securities, taxable 20,666 8,678 11,637
Securities, exempt from Federal tax 1,084 1,576 1,908
Other investments, interest-bearing deposits in other financial institutions and Federal funds sold 14,068 3,758 3,757
Total interest income 188,828 153,256 150,471
Interest expense:      
Deposits 6,770 4,816 6,260
Subordinated debt 2,178 2,314 2,320
Short-term borrowings   1 1
Total interest expense 8,948 7,131 8,581
Net interest income before provision for credit losses on loans 179,880 146,125 141,890
Provision for (recapture of) credit losses on loans 766 (3,134) 13,233
Net interest income after provision for credit losses on loans 179,114 149,259 128,657
Noninterest income:      
Service charges and fees on deposit accounts $ 4,640 $ 2,488 $ 2,859
Revenue, Product and Service [Extensible List] Service charges and fees on deposit accounts Service charges and fees on deposit accounts Service charges and fees on deposit accounts
Increase in cash surrender value of life insurance $ 1,925 $ 1,838 $ 1,845
Gain on warrants 669 11 449
Servicing income 508 553 673
Gain on sales of SBA loans 491 1,718 839
Termination fees 61 797 89
Gain on proceeds from company-owned life insurance 27 675 20
Gain on sales of securities     277
Other 1,790 1,608 2,080
Total noninterest income 10,111 9,688 9,922
Noninterest expense:      
Salaries and employee benefits 55,331 51,862 50,927
Occupancy and equipment 9,639 9,038 8,018
Professional fees 5,015 5,901 5,338
Other 24,874 26,276 25,228
Total noninterest expense 94,859 93,077 89,511
Income before income taxes 94,366 65,870 49,068
Income tax expense 27,811 18,170 13,769
Net income $ 66,555 $ 47,700 $ 35,299
Earnings per common share:      
Basic (in dollars per share) $ 1.10 $ 0.79 $ 0.59
Diluted (in dollars per share) $ 1.09 $ 0.79 $ 0.59
Gain on the disposition of foreclosed assets      
Noninterest income:      
Service charges and fees on deposit accounts     $ 791