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Unaudited Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest income:        
Loans, including fees $ 41,466 $ 35,537 $ 81,442 $ 69,485
Taxable securities 4,844 3,467 9,513 6,857
Nontaxable securities 420 350 808 696
Federal funds sold 176 357 357 776
Other interest income 1,408 1,878 2,407 2,810
Total interest income 48,314 41,589 94,527 80,624
Interest expense:        
Deposits 16,879 16,321 33,285 30,965
Short-term borrowings   129 172 261
Federal Home Loan Bank advances 1,481 2,149 2,953 4,406
Subordinated debentures 418 417 831 835
Total interest expense 18,778 19,016 37,241 36,467
Net interest income 29,536 22,573 57,286 44,157
Provision for credit losses 1,686 1,326 3,372 2,635
Net interest income after provision for credit losses 27,850 21,247 53,914 41,522
Noninterest income:        
Service charges and fees 2,225 2,072 4,359 4,057
Investment brokerage revenue 254 173 549 364
Mortgage operations 1,826 1,127 2,857 2,080
Bank owned life insurance income 408 355 816 696
Net loss on sales of investment securities (99)   (3,498) (1,432)
Other noninterest income 463 520 1,854 1,044
Total noninterest income 5,077 4,247 6,937 6,809
Noninterest expense:        
Salaries and employee benefits 10,963 9,481 20,721 18,672
Occupancy expenses 1,037 965 2,059 1,946
Equipment rentals, depreciation, and maintenance 536 521 1,083 1,045
Telephone and communications 109 140 221 266
Advertising and business development 271 194 527 443
Data processing 1,096 1,002 2,225 2,028
Foreclosed assets, net (41) 66 (27) 101
Federal deposit insurance and other regulatory assessments 729 705 1,507 1,429
Legal and other professional services 318 262 1,628 614
Other operating expenses 2,306 2,188 4,241 4,262
Total noninterest expense 17,324 15,524 34,185 30,806
Income before income taxes 15,603 9,970 26,666 17,525
Provision for income taxes 3,515 2,327 6,120 4,072
Net income $ 12,088 $ 7,643 $ 20,546 $ 13,453
Basic net earnings per common share $ 1.56 $ 1 $ 2.65 $ 1.76
Diluted net earnings per common share $ 1.54 $ 0.99 2.63 1.74
Dividends per common share     $ 0.54 $ 0.5