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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest Income      
Loans, including fees $ 94,264 $ 71,645 $ 65,317
Debt securities:      
U.S. Treasury and government agencies 4,225 3,496 3,369
Municipalities 1,415 1,170 1,079
Dividends 318 174 142
Federal funds sold 21 31 20
Other 906 324 242
Total interest income 101,149 76,840 70,169
Interest Expense      
Deposits 9,883 5,418 8,638
Federal funds purchased and securities sold under agreements to repurchase 1,197 649 775
Borrowed funds 2,160 785 980
Subordinated notes 1,122 490  
Total interest expense 14,362 7,342 10,393
Net Interest Income Before Provision for Loan Losses 86,787 69,498 59,776
Provision for Loan Losses 4,600 3,444 6,981
Net Interest Income After Provision for Loan Losses 82,187 66,054 52,795
Noninterest Income      
Net gain on sale of loans 1,353 3,897 4,022
Net gain on sale of available-for-sale securities   293 270
Total noninterest income 15,537 17,609 16,787
Noninterest Expense      
Salaries and wages 22,700 20,184 18,488
Employee benefits 6,903 7,322 5,601
Net occupancy expense 2,566 2,184 2,271
Furniture and equipment 4,207 3,324 3,143
Data processing 3,956 3,501 1,768
Franchise taxes 1,384 1,473 1,346
ATM expense 2,217 1,846 1,690
Advertising 1,646 1,436 1,332
Net (gain) loss on sale of other assets owned (259) 434 7
FDIC assessment 905 1,073 633
Mortgage servicing rights amortization 145 1,580 1,031
Consulting fees 1,302 1,634 968
Other general and administrative 9,577 8,175 6,098
Total noninterest expense 57,249 54,166 44,376
Income Before Income Taxes 40,475 29,497 25,206
Income Taxes 7,960 6,002 5,111
Net Income $ 32,515 $ 23,495 $ 20,095
Basic Earnings Per Share $ 2.46 $ 2.01 $ 1.80
Diluted Earnings Per Share 2.46 2.01 1.80
Dividends Declared $ 0.8125 $ 0.71 $ 0.66
Customer Service Fees [Member]      
Noninterest Income      
Noninterest income $ 9,958 $ 9,671 $ 8,893
Other Service Charges and Fees [Member]      
Noninterest Income      
Noninterest income $ 4,226 $ 3,748 $ 3,602