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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
INTEREST INCOME    
Loans $ 65,438 $ 43,065
Investment securities and other 6,025 3,608
TOTAL INTEREST INCOME 71,463 46,673
INTEREST EXPENSE    
Deposits 14,650 2,173
Securities sold under reverse repurchase agreements 342 10
Short-term borrowings, overnight FHLBank borrowings and other interest-bearing liabilities 1,780 1
Subordinated debentures issued to capital trust 393 118
Subordinated notes 1,106 1,105
TOTAL INTEREST EXPENSE 18,271 3,407
NET INTEREST INCOME 53,192 43,266
PROVISION FOR CREDIT LOSSES ON LOANS 1,500 0
PROVISION (CREDIT) FOR UNFUNDED COMMITMENTS (826) (193)
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES AND PROVISION (CREDIT) FOR UNFUNDED COMMITMENTS 52,518 43,459
NON-INTEREST INCOME    
Commissions 427 297
Overdraft and insufficient funds fees 1,896 1,865
Point-Of-Sale and ATM fee income and service charges 3,701 3,964
Net gains on loan sales 389 1,134
Net realized gain on sale of available-for-sale securities   7
Late charges and fees on loans 180 313
Gain (loss) on derivative interest rate products (291) 152
Other income 1,587 1,444
TOTAL NON-INTEREST INCOME 7,889 9,176
NON-INTEREST EXPENSE    
Salaries and employee benefits 19,203 18,080
Net occupancy and equipment expense 7,720 6,878
Postage 828 787
Insurance 867 794
Advertising 647 555
Office supplies and printing 268 218
Telephone 703 850
Legal, audit and other professional fees 1,981 805
Expense on other real estate and repossessions 154 163
Acquired intangible asset amortization 111 158
Other operating expenses 1,981 1,980
TOTAL NON-INTEREST EXPENSE 34,463 31,268
INCOME BEFORE INCOME TAXES 25,944 21,367
PROVISION FOR INCOME TAXES 5,488 4,380
NET INCOME $ 20,456 $ 16,987
Earnings Per Common Share    
Basic Earnings Per Common Share $ 1.68 $ 1.31
Diluted Earnings Per Common Share 1.67 1.30
Dividends Declared Per Common Share $ 0.40 $ 0.36