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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest and dividend income:        
Loans $ 30,032 $ 25,975 $ 86,181 $ 79,431
Investment securities:        
Taxable 2,751 2,191 6,556 6,269
Nontaxable 2,051 2,073 6,013 6,535
Total interest and dividend income 34,834 30,239 98,750 92,235
Interest expense:        
Savings, NOW and money market deposits 1,699 1,191 3,263 3,451
Time deposits 1,374 921 3,474 4,818
Short-term borrowings 91 362 775 1,062
Long-term debt 1,412 1,157 3,280 3,468
Total interest expense 4,576 3,631 10,792 12,799
Net interest income 30,258 26,608 87,958 79,436
Provision (credit) for credit losses 1,089 (1,449) 2,248 (3,058)
Net interest income after provision (credit) for credit losses 29,169 28,057 85,710 82,494
Noninterest income:        
Bank-owned life insurance 763 599 2,253 1,769
Service charges on deposit accounts 840 752 2,346 2,170
Net gains on sales of securities       606
Other 1,444 1,504 4,896 4,669
Total noninterest income 3,047 2,855 9,495 9,214
Noninterest expense:        
Salaries and employee benefits 10,528 9,748 30,264 29,663
Occupancy and equipment 3,395 4,102 9,702 10,446
Other 3,091 2,891 9,246 8,910
Total noninterest expense 17,014 16,741 49,212 49,019
Income before income taxes 15,202 14,171 45,993 42,689
Income tax expense 2,738 2,749 8,965 8,612
Net income $ 12,464 $ 11,422 $ 37,028 $ 34,077
Weighted average:        
Common shares 22,746,302 23,646,172 22,973,209 23,720,578
Dilutive restricted stock units 99,208 112,074 89,817 97,291
Total weighted average 22,845,510 23,758,246 23,063,026 23,817,869
Earnings per share:        
Basic $ 0.55 $ 0.48 $ 1.61 $ 1.44
Diluted 0.55 0.48 1.61 1.43
Cash dividends declared per share $ 0.21 $ 0.20 $ 0.61 $ 0.58