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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 31,952 $ 15,756
Interest-bearing deposits in banks 42,874 36,706
Federal funds sold   9,500
Cash and cash equivalents 74,826 61,962
Certificates of deposit in banks 4,165 3,412
Securities held-to-maturity, at amortized cost 131,581 50,182
Securities available-for-sale 665,887 876,759
Loans held for sale 3,413 15,501
Loans, net of unearned income 1,803,127 1,266,665
Less allowance for loan losses (24,310) (20,922)
Net loans 1,778,817 1,245,743
Premises and equipment, net 40,213 36,702
Accrued interest receivable 10,083 7,031
Bank owned life insurance 46,395 45,161
Foreclosed assets 609 256
Deferred income taxes 30,540 6,253
Core deposit intangible 2,116 2,985
Goodwill 27,817 27,817
Restricted equity securities, at cost 5,685 1,482
Other assets 11,235 14,434
Total assets 2,833,382 2,395,680
Liabilities and Stockholders' Equity    
Noninterest-bearing deposits 672,956 610,002
Interest bearing deposits 1,841,243 1,541,175
Total deposits 2,514,199 2,151,177
Securities sold under agreements to repurchase 8,181 9,754
Federal Home Loan Bank advances 95,000  
Federal Reserve Bank discount window borrowings 25,000  
Subordinated debentures, net of loan costs 39,419 39,344
Accrued interest payable and other liabilities 13,397 12,727
Total liabilities 2,695,196 2,213,002
Common stock related to 401(k) Employee Stock Ownership Plan 4,160 3,116
Stockholders' Equity    
Common stock ($1 par value; 10,000,000 shares authorized; 6,665,585 and 6,570,385 shares issued; 6,656,386 and 6,568,285 shares outstanding, respectively) 6,666 6,570
Additional paid-in capital 104,294 101,583
Retained earnings 100,826 75,815
Accumulated other comprehensive loss (71,564) (1,222)
Unvested restricted stock (1,730)  
Treasury stock at cost (9,199 and 2,100 shares, respectively) (306) (68)
Common stock related to 401(k) Employee Stock Ownership Plan (4,160) (3,116)
Total stockholders' equity 134,026 179,562
Total equity 138,186 182,678
Total liabilities and stockholders' equity $ 2,833,382 $ 2,395,680