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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Interest and fee income:        
Loans, including fees $ 46,362 $ 39,929 $ 90,148 $ 77,423
Taxable securities 474 463 951 929
Nontaxable securities 176 183 352 367
Interest-bearing deposits in banks 1,986 2,218 5,088 4,385
Total interest and fee income 48,998 42,793 96,539 83,104
Interest expense:        
Deposits 18,717 13,969 38,228 23,347
Subordinated notes 1,162 1,162 2,323 2,323
Other borrowings 27 84 152 708
Total interest expense 19,906 15,215 40,703 26,378
Net interest income 29,092 27,578 55,836 56,726
Provision for credit losses 2,000 1,250 2,900 2,150
Net interest income after provision for credit losses 27,092 26,328 52,936 54,576
Non-interest income:        
Service charges on deposit accounts 189 135 377 252
Gain on sale of loans 449 641 818 1,239
Loan-related fees 370 389 799 697
FHLB stock dividends 329 189 661 382
Earnings on BOLI 158 126 300 228
Other 78 1,340 451 1,393
Total non-interest income 1,573 2,820 3,406 4,191
Non-interest expense:        
Salaries and employee benefits 7,803 6,421 15,380 13,039
Occupancy and equipment 646 551 1,272 1,074
Data processing and software 1,235 1,013 2,392 1,885
FDIC insurance 390 410 790 812
Professional services 767 586 1,474 1,217
Advertising and promotional 615 733 1,075 1,151
Loan-related expenses 297 324 594 579
Other operating expenses 1,760 1,941 3,252 3,340
Total non-interest expense 13,513 11,979 26,229 23,097
Income before provision for income taxes 15,152 17,169 30,113 35,670
Provision for income taxes 4,370 4,440 8,700 9,780
Net income $ 10,782 $ 12,729 $ 21,413 $ 25,890
Basic earnings per common share (in USD per share) $ 0.51 $ 0.74 $ 1.12 $ 1.51
Diluted earnings per common share (in USD per share) $ 0.51 $ 0.74 $ 1.12 $ 1.51