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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest and dividend income        
Loans and leases, including fees $ 21,833 $ 24,226 $ 64,211 $ 75,555
Taxable securities 7,646 1,679 15,613 4,835
Tax-exempt securities 2,346 1,578 5,926 4,539
Federal funds sold and other 103 146 466 250
Total interest income 31,928 27,629 86,216 85,179
Interest expense        
Deposits 1,761 591 3,106 1,818
Short-term borrowings 390 41 549 127
Subordinated debentures 866 281 2,308 774
Total interest expense 3,017 913 5,963 2,719
Net interest income 28,911 26,716 80,253 82,460
Provision (benefit) for credit losses on loans and leases 1,212 (600) 4,360 (2,450)
Provision (benefit) for credit losses on unfunded loan commitments 47   (194)  
Provision for credit losses on held-to-maturity securities     18  
Net interest income after provision for credit losses 27,652 27,316 76,069 84,910
Noninterest income        
Other income 3,396 4,349 13,654 12,300
Total noninterest income 6,612 7,535 23,114 20,977
Noninterest expense        
Salaries and employee benefits 11,521 10,618 35,070 32,194
Occupancy 2,470 2,359 7,170 7,472
Other 7,005 7,898 21,042 21,715
Total noninterest expense 20,996 20,875 63,282 61,381
Income before taxes 13,268 13,976 35,901 44,506
Provision for income taxes 3,333 3,371 9,355 11,115
Net income $ 9,935 $ 10,605 $ 26,546 $ 33,391
PER SHARE DATA        
Book value $ 19.56 $ 23.70 $ 19.56 $ 23.70
Cash dividends 0.23 0.22 0.69 0.65
Earnings per share basic 0.66 0.70 1.77 2.19
Earnings per share diluted $ 0.66 $ 0.69 $ 1.76 $ 2.17
Average shares outstanding, basic 14,954,503 15,257,367 14,968,242 15,247,477
Average shares outstanding, diluted 15,014,048 15,343,543 15,046,883 15,369,249
Deposit Account [Member]        
Noninterest income        
Revenue from Contract with Customer, Excluding Assessed Tax $ 3,216 $ 3,186 $ 9,460 $ 8,677