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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
INTEREST AND DIVIDEND INCOME      
Loans, including fees $ 94,820 $ 98,379 $ 89,103
Taxable securities 11,399 5,423 4,840
Tax exempt securities 9,542 7,684 6,687
Dividends 498 543 627
Federal funds sold and other interest income 200 298 729
TOTAL INTEREST AND DIVIDEND INCOME 116,459 112,327 101,986
INTEREST EXPENSE      
Deposits 6,775 14,381 16,860
Short-term borrowings 7 359 2,250
Long-term borrowings 1,687 1,396 498
TOTAL INTEREST EXPENSE 8,469 16,136 19,608
NET INTEREST INCOME 107,990 96,191 82,378
Provision for credit losses 4,649 9,159 2,160
Provision (credit) for unfunded commitments 244 (59) 290
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES AND UNFUNDED COMMITMENTS 103,097 87,091 79,928
NONINTEREST INCOME      
Bank owned life insurance income, including death benefits 1,338 795 818
Security gains, including fair value changes for equity securities 1,004 380 42
Net gains on sale of loans 8,285 11,362 3,777
Other mortgage banking income (loss), net (136) (83) 49
Other operating income 2,307 1,952 1,667
TOTAL NONINTEREST INCOME 38,193 36,161 28,042
NONINTEREST EXPENSE      
Salaries and employee benefits 39,393 39,826 37,172
Occupancy and equipment 8,486 7,254 6,649
State and local taxes 2,277 2,138 1,826
Professional fees 4,191 2,733 3,122
Merger related costs 7,109 3,223 197
Advertising 1,859 1,531 1,736
FDIC insurance 582 750 331
Intangible amortization 1,362 1,327 1,306
Core processing charges 3,198 3,551 3,370
Other operating expenses 10,719 10,647 9,186
TOTAL NONINTEREST EXPENSE 79,176 72,980 64,895
INCOME BEFORE INCOME TAXES 62,114 50,272 43,075
INCOME TAXES 10,270 8,396 7,315
NET INCOME $ 51,844 $ 41,876 $ 35,760
EARNINGS PER SHARE:      
Basic $ 1.78 $ 1.48 $ 1.29
Diluted $ 1.77 $ 1.47 $ 1.28
Service Charges on Deposit Accounts      
NONINTEREST INCOME      
Noninterest income $ 3,660 $ 3,682 $ 4,514
Trust Fees      
NONINTEREST INCOME      
Noninterest income 9,438 7,632 7,475
Insurance Agency Commissions      
NONINTEREST INCOME      
Noninterest income 3,456 3,124 2,919
Retirement Plan Consulting Fees      
NONINTEREST INCOME      
Noninterest income 1,421 1,523 1,489
Investment Commissions      
NONINTEREST INCOME      
Noninterest income 2,276 1,530 1,406
Debit Card and EFT Fees      
NONINTEREST INCOME      
Noninterest income $ 5,144 $ 4,264 $ 3,886