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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income    
Loans, including fees $ 19,864 $ 17,222
Interest and dividends on investments:    
Taxable interest 4,825 3,913
Tax exempt interest 270 275
Dividend income 191 45
Interest-earning deposits in other banks 1,908 2,354
Total interest income 27,058 23,809
Interest expense    
Deposits 9,030 6,504
FHLB overnight borrowings and advances 2,158 2,527
Federal Reserve Bank borrowings   961
Subordinate notes 264 264
Total interest expense 11,452 10,256
Net interest income 15,606 13,553
Provision for credit losses - loans 750 490
Provision for (reversal of) credit losses - unfunded commitments 29 (38)
Total provision for credit losses 779 452
Net interest income after credit loss expense 14,827 13,101
Noninterest income    
Wealth management fees 2,215 2,026
Loan service charges 209 206
Gain on sale of loans 109 58
Deposit service charges and fees 605 613
Other service charges and fees 483 488
Debit card income 558 536
Increase in cash surrender value of life insurance 115 112
Change in fair value of equity securities (7) (41)
Other 275 190
Total noninterest income 4,562 4,188
Noninterest Expense    
Salaries and employee benefits 8,506 7,727
Net occupancy 1,225 1,182
Marketing and advertising 433 519
Legal and professional 527 516
Data processing 1,557 1,423
Pennsylvania bank shares tax 160 125
FDIC Insurance 545 322
ATM/debit card processing 340 323
Telecommunications 106 111
Nonservice pension 12 (29)
Other 1,166 1,065
Total noninterest expense 14,577 13,284
Income before income taxes 4,812 4,005
Income tax expense 890 644
Net income $ 3,922 $ 3,361
Per share    
Basic earnings per share $ 0.88 $ 0.77
Diluted earnings per share $ 0.88 $ 0.77