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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Interest and dividend income:    
Loans, including fees $ 60,758 $ 51,998
Investment securities 770 878
Interest-bearing deposits in other financial institutions 397 458
Total interest and dividend income 61,925 53,334
Interest expense:    
Deposits 3,482 5,794
Other borrowed funds 1,934 1,438
Total interest expense 5,416 7,232
Net interest income 56,509 46,102
Less: Provision for loan losses 1,230 4,682
Net interest income, after provision for loan losses 55,279 41,420
Non-interest income:    
Trust and investment management fees 20,220 19,022
Net gain on mortgage loans 16,060 29,276
Bank fees 1,847 1,320
Risk management and insurance fees 1,120 1,199
Income on company-owned life insurance 354 363
Net gain on equity interests 489  
Other 60  
Total non-interest income 40,150 51,180
Total income before non-interest expense 95,429 92,600
Non-interest expense:    
Salaries and employee benefits 40,746 34,785
Occupancy and equipment 5,990 6,009
Professional services 6,473 5,035
Technology and information systems 3,707 4,035
Data processing 6,327 4,000
Marketing 1,613 1,478
Amortization of other intangible assets 17 14
Net loss on assets held for sale   553
Provision for other real estate owned   176
Other 3,276 3,452
Total non-interest expense 68,149 59,537
Income before income taxes 27,280 33,063
Income tax expense 6,670 8,529
Net income available to common shareholders $ 20,610 $ 24,534
Earnings per common share:    
Basic $ 2.58 $ 3.11
Diluted $ 2.50 $ 3.08