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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table
Pay Versus Performance Table
The following table sets forth information concerning the compensation of our principal executive officer (“PEO”) and other named executive officers (“NEOs”) for each of the fiscal years ended December 31, 2023, 2022 and 2021, and our financial performance for each such fiscal year, as computed in accordance with SEC rules, followed by a table reconciling the compensation disclosed in the Summary Compensation Table (“SCT”), and the compensation required to be disclosed as CAP:
 
 
 
    
 
      
 
      
 
      
 
    
Value of initial fixed $100
investment based on:
      
 
      
 
  
Year
(1)
  
Summary
Compensation
Table total for
PEO
($)
    
Compensation
actually paid
to PEO
($)
    
Average
summary
compensation
table total for
non-PEO

named
executive
officers
($)
    
Average
compensation
actually paid
to
non-PEO

named
executive
officers
($)
    
Total
shareholder
return
($)
    
Peer group
total
shareholder
return
($)
    
Net Income
    
Return on
average
tangible
common
equity
  
2023
     1,702,023       1,514,837       627,155       579,068       83.97       103.08       37,397,102       10.37 % 
2022
     1,330,999       1,340,988       419,119       403,929       97.07       94.33       54,805,501       14.54 % 
2021
     1,148,556       1,270,146       426,716       436,724       149.57       140.94       29,319,501       11.68 % 
 
(1)
 
The PEO in 2023, 2022, and 2021 was Rory G. Ritrievi.
 
(2)
 
The
non-PEO
NEOs were Messrs. Micklewright, Webb, Paese and Ms. Johnson for 2023, Messrs. Micklewright, Webb, Holt and Paese and Ms. Johnson for 2022, and Messrs. Micklewright, Webb, Peduzzi, and Holt and Ms. Joan E. Dickinson for 2021.
 
(3)
 
The peer group used are the peers identified by our compensation consultants, Newcleus Compensation Advisors. Peer Group Total Shareholder Return for 2023, 2022, and 2021 for the former peer group was $99.45, $94.01, and $141.09 respectively.
   
Company Selected Measure Name Return on average tangible common equity    
Named Executive Officers, Footnote
(2)
 
The
non-PEO
NEOs were Messrs. Micklewright, Webb, Paese and Ms. Johnson for 2023, Messrs. Micklewright, Webb, Holt and Paese and Ms. Johnson for 2022, and Messrs. Micklewright, Webb, Peduzzi, and Holt and Ms. Joan E. Dickinson for 2021.
   
Peer Group Issuers, Footnote
(3)
 
The peer group used are the peers identified by our compensation consultants, Newcleus Compensation Advisors. Peer Group Total Shareholder Return for 2023, 2022, and 2021 for the former peer group was $99.45, $94.01, and $141.09 respectively.
   
PEO Total Compensation Amount $ 1,702,023 $ 1,330,999 $ 1,148,556
PEO Actually Paid Compensation Amount $ 1,514,837 1,340,988 1,270,146
Adjustment To PEO Compensation, Footnote
The following table reconciles the Summary Compensation Table to the Pay Versus Performance Table above.
 
 
 
   
PEO
     
Non-PEO
Named Executive
Officers
  
Year
   
2023
     
2022
     
2021
     
2023
    
2022
(1)
     
2021
  
Summary Compensation Table Total Compensation
    $ 1,702,023      $ 1,330,999      $ 1,148,556      $ 627,155     $ 419,119      $ 426,716  
Less Grant Date Fair Value of Stock Awards in Fiscal Year
      400,003        225,006        200,004        34,503       51,826        17,475  
Add Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Years and Fiscal Year
      212,817        234,995        321,594        (13,584 )      36,636        27,483  
Compensation Actually Paid
      1,514,837        1,340,988        1,270,146        579,068       403,929        436,724  
 
(1)
 
The CAP for 2022 was materially impacted by the fact that Mr. Holt and Ms. Johnson each served as Chief Financial Officer for a partial year.
   
Non-PEO NEO Average Total Compensation Amount $ 627,155 419,119 426,716
Non-PEO NEO Average Compensation Actually Paid Amount $ 579,068 403,929 436,724
Adjustment to Non-PEO NEO Compensation Footnote
The following table reconciles the Summary Compensation Table to the Pay Versus Performance Table above.
 
 
 
   
PEO
     
Non-PEO
Named Executive
Officers
  
Year
   
2023
     
2022
     
2021
     
2023
    
2022
(1)
     
2021
  
Summary Compensation Table Total Compensation
    $ 1,702,023      $ 1,330,999      $ 1,148,556      $ 627,155     $ 419,119      $ 426,716  
Less Grant Date Fair Value of Stock Awards in Fiscal Year
      400,003        225,006        200,004        34,503       51,826        17,475  
Add Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Years and Fiscal Year
      212,817        234,995        321,594        (13,584 )      36,636        27,483  
Compensation Actually Paid
      1,514,837        1,340,988        1,270,146        579,068       403,929        436,724  
 
(1)
 
The CAP for 2022 was materially impacted by the fact that Mr. Holt and Ms. Johnson each served as Chief Financial Officer for a partial year.
   
Compensation Actually Paid vs. Total Shareholder Return
The following graph illustrates the relationship between compensation actually paid to the Corporation’s PEO and, on average, its other NEOs, and the Corporation’s total shareholder return and that of our peer group:
 
    
Compensation Actually Paid vs. Net Income
The following graph illustrates the relationship between the compensation actually paid to the Corporation’s PEO and, on average, its other NEOs, and net income, as well as the Corporation’s net income:
 
    
Compensation Actually Paid vs. Company Selected Measure
The following graph illustrates the relationship between the compensation actually paid to the Corporation’s PEO and, on average, its other NEOs, and net income, as well as the Corporation’s return on average tangible common equity:
 
 
    
Total Shareholder Return Vs Peer Group
The following graph illustrates the relationship between compensation actually paid to the Corporation’s PEO and, on average, its other NEOs, and the Corporation’s total shareholder return and that of our peer group:
 
    
Tabular List, Table
Tabular List of Performance Measures
The following table presents an unranked list of financial performance measures the Compensation Committee considers to be most important in determining the compensation of the Corporation’s named executive officers. As described in greater detail in the section titled “Compensation Discussion & Analysis” beginning on page __ above, the Corporation’s objective in designing its compensation program is to align executive compensation with the Corporation’s long-term growth and sustained earnings objectives of the Corporation’s shareholders, while attracting, retaining and motivating highly-qualified executives, and balancing both the risks and rewards of the program. Because the Corporation’s compensation program generally seeks to incentivize long-term performance, the Compensation Committee does not specifically seek to align the Corporation’s performance measures with Compensation Actually Paid (as defined by SEC rules) for a particular year.
Performance Metrics
Net Interest Margin
Return on average assets
Return on average tangible common equity
Efficiency ratio
Asset quality ratio
Organic loan growth
Total shareholder return
   
Total Shareholder Return Amount $ 83.97 97.07 149.57
Peer Group Total Shareholder Return Amount 103.08 94.33 140.94
Net Income (Loss) $ 37,397,102 $ 54,805,501 $ 29,319,501
Company Selected Measure Amount 0.1037 0.1454 0.1168
PEO Name Rory G. Ritrievi    
Measure:: 1      
Pay vs Performance Disclosure      
Name Net Interest Margin    
Measure:: 2      
Pay vs Performance Disclosure      
Name Return on average assets    
Measure:: 3      
Pay vs Performance Disclosure      
Name Return on average tangible common equity    
Measure:: 4      
Pay vs Performance Disclosure      
Name Efficiency ratio    
Measure:: 5      
Pay vs Performance Disclosure      
Name Asset quality ratio    
Measure:: 6      
Pay vs Performance Disclosure      
Name Organic loan growth    
Measure:: 7      
Pay vs Performance Disclosure      
Name Total shareholder return    
PEO | Grant Date Fair Value of Stock Awards in Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ (400,003) $ (225,006) $ (200,004)
PEO | Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Years and Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 212,817 234,995 321,594
Non-PEO NEO | Grant Date Fair Value of Stock Awards in Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (34,503) (51,826) (17,475)
Non-PEO NEO | Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Years and Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ (13,584) $ 36,636 $ 27,483