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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 15,756 $ 15,859
Interest-bearing deposits in banks 36,706 32,909
Federal funds sold 9,500 11,500
Cash and cash equivalents 61,962 60,268
Certificates of deposit in banks 3,412 4,155
Securities held-to-maturity, at amortized cost 50,182  
Securities available-for-sale 876,759 493,274
Loans held for sale 15,501 24,004
Loans, net of unearned income 1,266,665 1,186,582
Less allowance for loan losses (20,922) (16,803)
Net loans 1,245,743 1,169,779
Premises and equipment, net 36,702 32,501
Accrued interest receivable 7,031 6,799
Bank owned life insurance 45,161 29,016
Foreclosed assets 256 240
Deferred income taxes 6,253 1,625
Core deposit intangible 2,985 4,052
Goodwill 27,817 27,817
Restricted equity securities, at cost 1,482 1,777
Other assets 14,434 9,343
Total assets 2,395,680 1,864,650
Liabilities and Stockholders' Equity    
Noninterest-bearing deposits 610,002 436,885
Interest bearing deposits 1,541,175 1,216,750
Total deposits 2,151,177 1,653,635
Securities sold under agreements to repurchase 9,754 13,653
Note payable   20,392
Subordinated debentures, net of loan costs 39,344  
Accrued interest payable and other liabilities 12,727 8,790
Total liabilities 2,213,002 1,696,470
Common stock related to 401(k) Employee Stock Ownership Plan 3,116 1,732
Stockholders' Equity    
Common stock ($1 par value; 10,000,000 shares authorized; 6,570,385 and 6,528,764 shares issued; 6,568,285 and 6,501,024 shares outstanding, respectively) 6,570 6,529
Additional paid-in capital 101,583 100,707
Retained earnings 75,815 53,391
Accumulated other comprehensive (loss) income (1,222) 8,310
Treasury stock at cost (2,100 and 27,740 shares, respectively) (68) (757)
Common stock related to 401(k) Employee Stock Ownership Plan (3,116) (1,732)
Total stockholders' equity 179,562 166,448
Total equity 182,678 168,180
Total liabilities and stockholders' equity $ 2,395,680 $ 1,864,650