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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Interest income:    
Taxable $ 77,392 $ 62,110
Nontaxable 3,237 1,910
Interest-bearing deposits with financial institutions 456 886
Restricted investments in bank stock 309 184
Investment securities:    
U.S. government agency and corporations 5,973 6,321
States and political subdivisions (nontaxable) 4,690 5,466
States and political subdivisions (taxable) 1,778 1,795
Total interest income 93,835 78,672
Interest expense:    
Deposits 28,945 6,144
Secured borrowings 475 209
Other short-term borrowings 2,368 45
Total interest expense 31,788 6,398
Net interest income 62,047 72,274
Provision for credit losses on loans 1,491 2,100
Net benefit for credit losses on unfunded loan commitments (165) (13)
Net interest income after provision for credit losses 60,721 70,187
Other income:    
Earnings on bank-owned life insurance 1,325 1,290
Gain (loss) on write-down, sale or disposal of:    
Loans 972 1,623
Available-for-sale debt securities (6,468) 4
Premises and equipment (216) (195)
Total other income 11,405 16,642
Other expenses:    
Salaries and employee benefits 25,642 26,977
Premises and equipment 8,787 7,624
Data processing and communication 2,776 2,635
Advertising and marketing 3,171 3,381
Professional services 3,822 3,441
Automated transaction processing 1,758 1,557
Office supplies and postage 716 682
PA shares tax 126 716
Loan collection 85 248
Other real estate owned 4 15
FDIC assessment 1,124 694
Other 3,859 3,391
Total other expenses 51,870 51,361
Income before income taxes 20,256 35,468
Provision for income taxes 2,046 5,447
Net income $ 18,210 $ 30,021
Per share data:    
Net income - basic (in dollars per share) $ 3.21 $ 5.32
Net income - diluted (in dollars per share) 3.19 5.29
Dividends (in dollars per share) $ 1.46 $ 1.35
Deposit Account [Member]    
Other income:    
Other Income $ 3,996 $ 3,475
Credit and Debit Card [Member]    
Other income:    
Other Income 4,769 4,532
Bank Servicing [Member]    
Other income:    
Other Income 1,023 1,316
Fiduciary and Trust [Member]    
Other income:    
Other Income 3,003 2,481
Investment Advisory, Management and Administrative Service [Member]    
Other income:    
Other Income 941 955
Financial Service, Other [Member]    
Other income:    
Other Income $ 2,060 $ 1,161