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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
INTEREST INCOME:    
Loans, including related fees $ 32,357 $ 31,857
Securities:    
Taxable 4,583 3,079
Tax-exempt 2,348 2,074
Other 365 346
TOTAL INTEREST INCOME 39,653 37,356
INTEREST EXPENSE:    
Interest Expense, Deposits 1,676 2,286
Short-term borrowings 82 98
Other borrowings 84 59
TOTAL INTEREST EXPENSE 1,842 2,443
NET INTEREST INCOME 37,811 34,913
Provision for loan losses (6,550) 452
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 44,361 34,461
NON-INTEREST INCOME:    
Trust and financial services 1,372 1,305
Service charges and fees on deposit accounts 6,654 5,594
Other service charges and fees 106 416
Net securities gains (losses) 5 (152)
Gain on sales of mortgage loans 662 1,393
Other 4,462 301
TOTAL NON-INTEREST INCOME 13,738 9,294
NON-INTEREST EXPENSE:    
Salaries and employee benefits 17,342 15,677
Occupancy expense 2,522 2,149
Equipment expense 2,907 2,578
FDIC Expense 428 298
Other 8,145 6,937
TOTAL NON-INTEREST EXPENSE 31,344 27,639
INCOME BEFORE INCOME TAXES 26,755 16,116
Income tax expense 5,831 3,239
Unrealized gain (loss) on securities, net of tax 20,924 12,877
OTHER COMPREHENSIVE INCOME (LOSS)    
Change in unrealized gains/losses on securities, net of reclassifications (68,914) (11,068)
Change in funded status of post retirement benefits 315 472
COMPREHENSIVE INCOME (LOSS) $ (47,675) $ 2,281
PER SHARE DATA    
Basic Earnings per Share (in dollars per share) $ 1.67 $ 0.95
Diluted Earnings per Share (in dollars per share) $ 1.67 $ 0.95
Weighted average number of shares outstanding, basic (in thousands) 12,538 13,533
Weighted average number of shares outstanding, diluted (in thousands) 12,538 13,533