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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income:    
Taxable $ 20,929 $ 18,119
Nontaxable 1,204 899
Interest-bearing deposits with financial institutions 376 31
Restricted investments in bank stock 81 106
Investment securities:    
U.S. government agency and corporations 1,488 1,520
States and political subdivisions (nontaxable) 1,104 1,217
States and political subdivisions (taxable) 443 446
Total interest income 25,625 22,338
Interest expense:    
Deposits 9,941 4,618
Secured borrowings 121 111
Other short-term borrowings 620 584
Total interest expense 10,682 5,313
Net interest income 14,943 17,025
Provision for credit losses on loans 125 180
Net provision (benefit) for credit losses on unfunded loan commitments (50) 225
Net interest income after provision for credit losses 14,868 16,620
Other income:    
Earnings on bank-owned life insurance 349 321
Gain (loss) on write-down, sale or disposal of:    
Loans 203 164
Available-for-sale debt securities 0 (1)
Premises and equipment 4 (2)
Total other income 4,572 4,489
Other expenses:    
Salaries and employee benefits 7,131 6,515
Premises and equipment 2,159 2,127
Data processing and communication 742 677
Advertising and marketing 732 893
Professional services 1,062 925
Automated transaction processing 425 429
Office supplies and postage 203 181
PA shares tax 26 (32)
Loan collection 3 13
Other real estate owned 1 1
FDIC assessment 298 168
Other 907 960
Total other expenses 13,689 12,857
Income before income taxes 5,751 8,252
Provision for income taxes 694 1,212
Net income $ 5,057 $ 7,040
Per share data:    
Net income - basic (in dollars per share) $ 0.88 $ 1.25
Net income - diluted (in dollars per share) 0.88 1.24
Dividends (in dollars per share) $ 0.38 $ 0.36
Deposit Account [Member]    
Other income:    
Other Income $ 957 $ 922
Credit and Debit Card [Member]    
Other income:    
Other Income 1,297 1,251
Bank Servicing [Member]    
Other income:    
Other Income 304 298
Fiduciary and Trust [Member]    
Other income:    
Other Income 848 695
Investment Advisory, Management and Administrative Service [Member]    
Other income:    
Other Income 268 222
Financial Service, Other [Member]    
Other income:    
Other Income $ 342 $ 619