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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Interest Income    
Loans, including fees $ 30,933 $ 17,292
Taxable 5,951 5,440
Exempt from federal income taxes 190 216
Other 735 116
Total interest income 37,809 23,064
Interest Expense    
Deposits 9,104 829
Short-term borrowings 4,393  
Long-term debt 654 562
Total interest expense 14,151 1,391
Net interest income 23,658 21,673
Provision for credit losses 550  
Net interest income after provision for credit losses 23,108 21,673
Noninterest Income    
Mortgage banking 1,717 4,931
Other 2,559 1,204
Total noninterest income 25,253 29,470
Noninterest Expense    
Compensation 19,158 19,051
Employee taxes and benefits 5,853 6,162
Occupancy and equipment expense 1,899 2,051
Business services, software and technology expense 5,324 4,924
Intangible amortization expense 1,324 1,053
Professional fees and assessments 1,152 1,541
Marketing and business development 686 600
Supplies and postage 460 646
Travel 248 179
Mortgage and lending expenses 497 686
Other 1,268 1,178
Total noninterest expense 37,869 38,071
Income before income taxes 10,492 13,072
Income tax expense 2,306 2,888
Net income $ 8,186 $ 10,184
Per Common Share Data    
Basic earnings per common share $ 0.41 $ 0.58
Diluted earnings per common share 0.40 0.57
Dividends declared per common share $ 0.18 $ 0.16
Average common shares outstanding 20,028 17,244
Diluted average common shares outstanding 20,246 17,500
Retirement and Benefit Services    
Noninterest Income    
Revenue $ 15,482 $ 17,646
Wealth Management    
Noninterest Income    
Revenue 5,194 5,326
Deposit Account    
Noninterest Income    
Revenue $ 301 $ 363