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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
INTEREST INCOME      
Interest and fees on loans and leases $ 88,078 $ 61,692 $ 40,156
Interest on interest-bearing balances 100 75 18
Interest on federal funds sold 1,222 451 115
Interest and dividends on investment securities:      
U.S. Treasury and government agencies 3,084 3,518 2,273
State and political subdivision obligations, tax-exempt 2,046 2,323 1,113
Other securities 782 595 217
Total Interest Income 95,312 68,654 43,892
INTEREST EXPENSE      
Interest on deposits 21,550 10,884 5,463
Interest on short-term borrowings 470 207 111
Interest on long-term and subordinated debt 3,144 1,629 730
Total Interest Expense 25,164 12,720 6,304
Net Interest Income 70,148 55,934 37,588
PROVISION FOR LOAN AND LEASE LOSSES 1,390 500 325
Net Interest Income After Provision for Loan and Lease Losses 68,758 55,434 37,263
NONINTEREST INCOME      
Net gain on sales of investment securities 1,878 137 42
Earnings from cash surrender value of life insurance 314 286 262
Net gain on sales of SBA loans 831 561 800
Other income 1,520 2,039 893
Total Noninterest Income 12,621 7,462 5,707
NONINTEREST EXPENSE      
Salaries and employee benefits 32,360 23,862 16,929
Occupancy expense, net 5,352 4,019 2,512
Equipment expense 2,647 2,186 1,536
Pennsylvania Bank Shares Tax expense 777 225 451
FDIC Assessment 839 772 792
Legal and professional fees 1,679 1,117 802
Marketing and advertising expense 906 1,025 516
Software licensing and utilization 4,394 3,609 2,471
Telephone expense 609 621 497
(Gain) loss on sale or write-down of foreclosed assets (15) 4 88
Intangible amortization 1,430 1,224 104
Merger and acquisition expense   4,790 619
Other expenses 8,975 6,717 4,064
Total Noninterest Expense 59,953 50,171 31,381
INCOME BEFORE PROVISION FOR INCOME TAXES 21,426 12,725 11,589
Provision for income taxes 3,725 2,129 4,500
NET INCOME 17,701 10,596 7,089
Series D preferred stock dividends   102  
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 17,701 $ 10,494 $ 7,089
PER COMMON SHARE DATA:      
Basic and Diluted Earnings Per Common Share $ 2.09 $ 1.48 $ 1.67
Cash Dividends Declared $ 0.79 $ 0.45 $ 0.77
Income from Fiduciary Activities [Member]      
NONINTEREST INCOME      
Non-interest Income $ 1,416 $ 1,155 $ 845
Service Charges on Deposits [Member]      
NONINTEREST INCOME      
Non-interest Income 884 933 721
Mortgage Banking Income [Member]      
NONINTEREST INCOME      
Non-interest Income 3,771 751 872
ATM Debit Card Interchange Income [Member]      
NONINTEREST INCOME      
Non-interest Income 1,594 1,253 937
Merchant Services Income [Member]      
NONINTEREST INCOME      
Non-interest Income $ 413 $ 347 $ 335