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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Interest and fees on loans:      
Taxable $ 110,396 $ 98,854 $ 78,599
Tax-exempt 2,396 2,225 1,965
Income from available-for-sale debt securities:      
Taxable 8,593 8,555 8,360
Tax-exempt 2,260 2,427 3,001
Other interest and dividend income 4,433 1,443 722
Total interest and dividend income 128,078 113,504 92,647
INTEREST EXPENSE      
Interest on deposits 39,200 24,233 6,638
Interest on short-term borrowings 1,168 3,240 429
Interest on long-term borrowings - FHLB advances 7,188 4,230 896
Interest on senior notes, net 481 479 477
Interest on subordinated debt, net 926 922 1,079
Total interest expense 48,963 33,104 9,519
Net interest income 79,115 80,400 83,128
Provision for credit losses 2,195 186 7,255
Net interest income after provision for credit losses 76,920 80,214 75,873
NONINTEREST INCOME      
Trust revenue 7,928 7,413 6,994
Brokerage and insurance revenue 2,271 1,675 2,291
Net gains from sale of loans 1,158 723 757
Increase in cash surrender value of life insurance 1,830 2,703 545
Other noninterest income 5,230 4,610 3,698
Realized (losses) gains on available-for-sale debt securities, net 0 (3,036) 20
Total noninterest income 29,209 24,417 24,432
NONINTEREST EXPENSE      
Salaries and employee benefits 44,930 44,195 41,833
Net occupancy and equipment expense 5,473 5,357 5,533
Data processing and telecommunications expense 7,768 7,582 6,806
Automated teller machine and interchange expense 1,818 1,682 1,601
Pennsylvania shares tax 1,733 1,602 1,956
Professional fees 2,175 2,497 2,005
Other noninterest expense 10,361 11,233 8,221
Total noninterest expense 74,258 74,148 67,955
Income before income tax provision 31,871 30,483 32,350
Income tax provision 5,913 6,335 5,732
NET INCOME $ 25,958 $ 24,148 $ 26,618
EARNINGS PER COMMON SHARE - BASIC (in dollars per share) $ 1.69 $ 1.57 $ 1.71
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share) $ 1.69 $ 1.57 $ 1.71
Service charges on deposit accounts      
NONINTEREST INCOME      
Revenue $ 5,867 $ 5,567 $ 5,019
Interchange revenue from debit card transactions      
NONINTEREST INCOME      
Revenue 4,276 4,160 4,148
Loan servicing fees, net      
NONINTEREST INCOME      
Revenue $ 649 $ 602 $ 960