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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income:    
Loans, including fees $ 33,628 $ 25,335
Taxable securities 1,981 1,383
Nontaxable securities 229 291
Other interest and dividends 2,898 1,690
Total interest income 38,736 28,699
Interest expense:    
Deposits 15,906 7,768
Other borrowings 1,991 1,385
Total interest expense 17,897 9,153
Net interest income 20,839 19,546
Provision for credit losses 1,236 1,181
Net interest income after provision for credit losses 19,603 18,365
Noninterest income:    
Service charges on deposit accounts $ 463 $ 450
Revenue, Product and Service [Extensible Enumeration] Deposit Account [Member] Deposit Account [Member]
Swap fees (expense) $ 15 $ (4)
SBA/USDA fees 64 134
Mortgage origination fees 96 100
Net (loss) gain on securities (12) 514
Other operating income 642 592
Total noninterest income 1,268 1,786
Noninterest expenses:    
Salaries and employee benefits 6,231 6,311
Equipment and occupancy expenses 689 683
Data processing fees 643 593
Regulatory assessments 360 342
Other operating expenses 2,452 2,229
Total noninterest expenses 10,375 10,158
Income before income taxes 10,496 9,993
Income tax expense 2,377 2,322
Net Income $ 8,119 $ 7,671
Basic earnings per share (in dollars per share) $ 0.91 $ 0.87
Dilutive earnings per share (in dollars per share) $ 0.90 $ 0.85