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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest and dividend income    
Loans $ 22,671 $ 24,205
Securities and other 3,826 3,979
Total interest and dividend income 26,497 28,184
Interest expense    
Deposits 1,189 2,951
Borrowings 1,010 1,811
Total interest expense 2,199 4,762
Net interest income 24,298 23,422
Provision for credit losses 377 (489)
Net interest income after provision for credit losses 23,921 23,911
Non-interest income    
Trust and investment management fee income 3,754 3,666
Customer service fees 3,616 2,970
Gain on sales of securities, net 9  
Mortgage banking income 624 2,570
Bank-owned life insurance income 501 518
Customer derivative income 18 410
Other income 787 114
Total non-interest income 9,309 10,248
Non-interest expense    
Salaries and employee benefits 12,147 12,176
Occupancy and equipment 4,423 4,328
(Gain) loss on sales of premises and equipment, net (75) 8
Outside services 340 432
Professional services 173 558
Communication 225 321
Marketing 263 290
Amortization of intangible assets 233 241
Acquisition, conversion and other expenses 325 889
Other expenses 3,832 3,248
Total non-interest expense 21,886 22,491
Income before income taxes 11,344 11,668
Income tax expense 2,232 2,188
Net income $ 9,112 $ 9,480
Earnings per share:    
Basic (in dollars per share) $ 0.61 $ 0.63
Diluted (in dollars per share) $ 0.60 $ 0.63
Weighted average common shares outstanding:    
Basic (in shares) 15,010,834 14,933,554
Diluted (in shares) 15,101,785 15,006,715