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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
INTEREST INCOME      
Interest and fees on loans and leases $ 118,776 $ 103,507 $ 88,078
Interest and dividends on investment securities:      
U.S. Treasury and government agencies 1,403 1,631 3,084
State and political subdivision obligations, tax-exempt 1,122 1,008 2,046
Other securities 1,199 1,253 782
Total interest and dividends on investment securities 3,724 3,892 5,912
Interest on interest-bearing balances 13 39 100
Interest on federal funds sold 809 497 1,222
Total Interest Income 123,322 107,935 95,312
INTEREST EXPENSE      
Interest on deposits 11,327 16,399 21,550
Interest on short-term borrowings 539 371 470
Interest on long-term and subordinated debt 2,888 2,957 3,144
Total Interest Expense 14,754 19,727 25,164
Net Interest Income 108,568 88,208 70,148
PROVISION FOR LOAN AND LEASE LOSSES 2,945 4,200 1,390
Net Interest Income After Provision for Loan and Lease Losses 105,623 84,008 68,758
NONINTEREST INCOME      
Net gain on sales of investment securities 79 467 1,878
Earnings from cash surrender value of life insurance 358 301 314
Net gain on sales of SBA loans 969 442 831
Other income 3,209 2,333 1,520
Total Noninterest Income 21,533 17,908 12,621
NONINTEREST EXPENSE      
Salaries and employee benefits 41,711 37,758 32,360
Occupancy expense, net 5,527 5,505 5,352
Equipment expense 3,101 2,910 2,647
Software licensing and utilization 6,332 5,286 4,394
FDIC Assessment 1,888 1,680 839
Legal and professional fees 1,979 1,665 1,679
Charitable contributions qualifying for State tax credits 1,432 1,342 755
Mortgage banking profit-sharing expense 2,571 2,004  
(Gain) loss on sale or write-down of foreclosed assets (25) 333 (15)
Intangible amortization 1,180 1,398 1,430
Merger and acquisition expense 3,067    
Post-acquisition restructuring expenses 9,880    
Other expenses 12,462 10,696 10,512
Total Noninterest Expense 91,105 70,577 59,953
INCOME BEFORE PROVISION FOR INCOME TAXES 36,051 31,339 21,426
Provision for income taxes 6,732 5,130 3,725
NET INCOME $ 29,319 $ 26,209 $ 17,701
PER COMMON SHARE DATA:      
Basic Earnings Per Common Share $ 2.71 $ 3.11 $ 2.09
Diluted Earnings Per Common Share 2.71 3.10 2.09
Cash Dividends Declared $ 0.79 $ 0.82 $ 0.79
Income from Fiduciary Activities [Member]      
NONINTEREST INCOME      
Non-interest Income $ 2,494 $ 1,694 $ 1,416
Service Charges on Deposits [Member]      
NONINTEREST INCOME      
Non-interest Income 991 637 884
Mortgage Banking Income [Member]      
NONINTEREST INCOME      
Non-interest Income 10,314 9,682 3,771
ATM Debit Card Interchange Income [Member]      
NONINTEREST INCOME      
Non-interest Income 2,688 1,960 1,594
Merchant Services Income [Member]      
NONINTEREST INCOME      
Non-interest Income $ 431 $ 392 $ 413