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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest and Dividend Income:      
Interest and fees on loans $ 82,568 $ 87,040 $ 87,700
Interest and dividends on securities:      
Taxable 10,065 7,309 6,764
Tax-exempt 407 385 433
Dividends 473 464 503
Other interest income 2,491 598 440
Total interest and dividend income 96,004 95,796 95,840
Interest Expense:      
Interest on deposits 3,553 3,645 9,729
Interest on short-term borrowings 659 22 259
Interest on subordinated debt 0 203 489
Interest on junior subordinated debt 1,554 1,535 1,543
Total interest expense 5,766 5,405 12,020
Net Interest Income 90,238 90,391 83,820
Provision for (recovery of) loan losses 1,597 (2,825) 8,916
Net Interest Income after Provision for (Recovery of) Loan Losses 88,641 93,216 74,904
Noninterest Income:      
Securities gains, net 0 35 814
Income from Small Business Investment Companies 1,409 1,972 270
Income from insurance investments 747 1,199 321
Losses on premises and equipment, net (228) (885) (110)
Other 1,003 932 763
Total noninterest income 18,807 21,031 16,843
Noninterest Expense:      
Salaries and employee benefits 36,382 32,342 29,765
Occupancy and equipment 6,075 6,032 5,586
FDIC assessment 903 864 639
Bank franchise tax 1,953 1,767 1,702
Amortization of intangible assets 1,260 1,464 1,637
Data processing 3,310 2,958 3,017
Software 1,505 1,368 1,454
Other real estate owned, net 3 131 60
Other 12,695 12,082 10,705
Total noninterest expense 64,086 59,008 54,565
Income Before Income Taxes 43,362 55,239 37,182
Income Taxes 8,934 11,713 7,137
Net Income $ 34,428 $ 43,526 $ 30,045
Net Income Per Common Share:      
Basic (in dollars per share) $ 3.23 $ 4.00 $ 2.74
Diluted (in dollars per share) $ 3.23 $ 4.00 $ 2.73
Weighted Average Common Shares Outstanding:      
Basic (in shares) 10,672,314 10,873,817 10,981,623
Diluted (in shares) 10,674,613 10,877,231 10,985,790
Asset Management [Member]      
Noninterest Income:      
Noninterest Income $ 6,521 $ 6,019 $ 4,789
Deposit Account [Member]      
Noninterest Income:      
Noninterest Income 2,676 2,611 2,557
Interchange Service [Member]      
Noninterest Income:      
Noninterest Income 4,107 4,152 3,213
Financial Service, Other [Member]      
Noninterest Income:      
Noninterest Income 906 801 712
Mortgage Banking [Member]      
Noninterest Income:      
Noninterest Income $ 1,666 $ 4,195 $ 3,514