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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest and dividend income        
Loans and leases, including fees $ 21,605 $ 24,917 $ 42,377 $ 51,329
Taxable securities 4,477 1,573 7,966 3,150
Tax-exempt securities 1,854 1,517 3,581 2,967
Federal funds sold and other 270 85 363 104
Total interest income 28,206 28,092 54,287 57,550
Interest expense        
Deposits 784 619 1,344 1,227
Short-term borrowings 77 39 159 86
Subordinated debentures 760 245 1,442 493
Total interest expense 1,621 903 2,945 1,806
Net interest income 26,585 27,189 51,342 55,744
Provision (benefit) for credit losses on loans and leases 2,548 (2,100) 3,148 (1,850)
Benefit for credit losses on unfunded loan commitments (147)   (241)  
Provision for credit losses on held-to-maturity securities 18   18  
Net interest income after provision for credit losses 24,166 29,289 48,417 57,594
Noninterest income        
Other income 7,235 3,887 10,257 7,951
Total noninterest income 10,439 6,612 16,502 13,442
Noninterest expense        
Salaries and employee benefits 11,745 10,425 23,550 21,576
Occupancy 2,406 2,626 4,699 5,112
Other 7,962 7,184 14,037 13,818
Total noninterest expense 22,113 20,235 42,286 40,506
Income before taxes 12,492 15,666 22,633 30,530
Provision for income taxes 3,288 3,958 6,022 7,744
Net income $ 9,204 $ 11,708 $ 16,611 $ 22,786
PER SHARE DATA        
Book value $ 19.82 $ 23.21 $ 19.82 $ 23.21
Cash dividends 0.23 0.21 0.46 0.42
Earnings per share basic 0.62 0.77 1.11 1.49
Earnings per share diluted $ 0.61 $ 0.76 $ 1.10 $ 1.48
Average shares outstanding, basic 14,931,701 15,243,698 14,976,774 15,242,451
Average shares outstanding, diluted 15,004,017 15,375,825 15,063,804 15,365,966
Deposit Account [Member]        
Noninterest income        
Revenue from Contract with Customer, Excluding Assessed Tax $ 3,204 $ 2,725 $ 6,245 $ 5,491