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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest income:        
Interest and fees on loans $ 26,405 $ 25,119 $ 76,697 $ 77,596
Interest on securities -- taxable 1,610 200 3,539 557
Interest on securities -- tax-exempt 175 245 547 818
Interest on deposits in banks 1,532 225 2,548 507
Total interest income 29,722 25,789 83,331 79,478
Interest expense:        
Interest on deposits 380 642 1,288 2,235
Interest on short-term borrowings 0 1 1 1
Total interest expense 380 643 1,289 2,236
Net interest income 29,342 25,146 82,042 77,242
Provision for (recovery of) credit losses 685 (1,394) 3,156 (7,625)
Net interest income after provision for loan losses 28,657 26,540 78,886 84,867
Noninterest income:        
Divestiture gain 1,658 0 1,658 0
Other operating income 683 1,004 3,282 3,114
Total noninterest income 9,950 8,720 27,998 25,086
Noninterest expense:        
Salaries and employee benefits 12,081 10,646 35,270 31,746
Occupancy expense 1,188 1,155 3,622 3,545
Furniture and equipment expense 1,478 1,385 4,588 4,209
Service fees 1,635 1,530 5,701 4,378
Advertising and public relations 718 536 1,835 1,487
Professional fees 208 313 1,205 1,069
Amortization of intangibles 365 365 1,082 1,082
FDIC premiums and assessments 321 216 796 619
Divestiture expenses 153 0 153 0
Other operating expense 2,998 2,690 8,134 8,882
Total noninterest expense 21,145 18,836 62,386 57,017
Income before income taxes 17,462 16,424 44,498 52,936
Income tax expense 4,111 3,816 10,419 12,323
Net income $ 13,351 $ 12,608 $ 34,079 $ 40,613
Earnings per common share        
Basic (in dollars per share) $ 0.82 $ 0.73 $ 2.05 $ 2.32
Diluted (in dollars per share) $ 0.81 $ 0.73 $ 2.05 $ 2.32
Weighted average shares outstanding        
Basic (in shares) 16,378,022 17,221,244 16,617,766 17,457,477
Diluted (in shares) 16,413,202 17,279,576 16,654,697 17,511,900
Fiduciary and Trust [Member]        
Noninterest income:        
Noninterest income $ 932 $ 974 $ 2,897 $ 2,913
Deposit Account [Member]        
Noninterest income:        
Noninterest income 3,689 3,599 10,859 9,728
Financial Service, Other [Member]        
Noninterest income:        
Noninterest income $ 2,988 $ 3,143 $ 9,302 $ 9,331