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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 fees on loans:      
Taxable $ 78,599 $ 74,549 $ 67,384
Tax-exempt 1,965 1,770 1,768
Income from available-for-sale debt securities:      
Taxable 8,360 5,114 5,534
Tax-exempt 3,001 2,684 2,143
Other interest and dividend income 722 384 331
Total interest and dividend income 92,647 84,501 77,160
INTEREST EXPENSE      
Interest on deposits 6,638 4,538 7,231
Interest on short-term borrowings 429 23 367
Interest on long-term borrowings - FHLB advances 896 399 1,291
Interest on senior notes, net 477 293 0
Interest on subordinated debt, net 1,079 1,309 706
Total interest expense 9,519 6,562 9,595
Net interest income 83,128 77,939 67,565
Provision for loan losses 7,255 3,661 3,913
Net interest income after provision for loan losses 75,873 74,278 63,652
NONINTEREST INCOME      
Trust revenue 6,994 7,234 6,321
Brokerage and insurance revenue 2,291 1,860 1,486
Net gains from sale of loans 757 3,428 5,403
Increase in cash surrender value of life insurance 545 573 515
Other noninterest income 3,698 3,580 3,355
Realized gains on available-for-sale debt securities, net 20 24 169
Total noninterest income 24,432 25,881 24,513
NONINTEREST EXPENSE      
Salaries and employee benefits 41,833 37,603 33,062
Net occupancy and equipment expense 5,533 4,984 4,461
Data processing and telecommunications expense 6,806 5,903 5,316
Automated teller machine and interchange expense 1,601 1,433 1,231
Pennsylvania shares tax 1,956 1,951 1,689
Professional fees 2,005 2,243 1,692
Loss on prepayment of borrowings 0 0 1,636
Merger-related expenses 0 0 7,708
Other noninterest expense 8,221 8,355 8,158
Total noninterest expense 67,955 62,472 64,953
Income before income tax provision 32,350 37,687 23,212
Income tax provision 5,732 7,133 3,990
NET INCOME $ 26,618 $ 30,554 $ 19,222
EARNINGS PER COMMON SHARE - BASIC (in dollars per share) $ 1.71 $ 1.92 $ 1.30
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share) $ 1.71 $ 1.92 $ 1.30
Service charges on deposit accounts      
NONINTEREST INCOME      
Revenue $ 5,019 $ 4,633 $ 4,231
Interchange revenue from debit card transactions      
NONINTEREST INCOME      
Revenue 4,148 3,855 3,094
Loan servicing fees, net      
NONINTEREST INCOME      
Revenue $ 960 $ 694 $ (61)