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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Interest and fees on loans:        
Taxable $ 32,139 $ 22,009 $ 62,188 $ 42,862
Tax-exempt 1,405 1,218 2,794 2,379
Interest and dividends on investment securities:        
Taxable 1,929 2,108 4,053 4,080
Tax-exempt 378 515 835 1,025
Dividends 2 2 4 2
Interest on interest-bearing deposits in other banks 85 18 99 20
Interest on federal funds sold 798 22 1,041 95
Total interest income 36,736 25,892 71,014 50,463
Interest expense:        
Interest on deposits 13,714 1,597 23,324 3,065
Interest on short-term borrowings 213 122 1,299 122
Interest on long-term debt 269 23 296 51
Interest on subordinated debt 444 443 887 887
Total interest expense 14,640 2,185 25,806 4,125
Net interest income 22,096 23,707 45,208 46,338
(Credit to) provision for credit losses (2,201) 950 (937) 1,250
Net interest income after (credit to) provision for credit losses 24,297 22,757 46,145 45,088
Noninterest income:        
Mortgage banking income 105 128 208 272
Increase in cash surrender value of life insurance 262 244 520 462
Interest rate swap revenue 23 284 246 627
Net gains (losses) on equity investment securities 12 (23) (17) (19)
Net gains on sale of investment securities available for sale     81  
Total noninterest income 3,552 3,881 7,226 7,302
Noninterest expense:        
Salaries and employee benefits expense 8,482 7,851 17,562 15,891
Net occupancy and equipment expense 4,277 4,083 8,380 8,036
Amortization of intangible assets 28 97 57 193
Net gains on sale of other real estate owned   (20)   (478)
Professional fees and outside services 628 766 1,391 1,236
FDIC insurance and assessments 556 319 1,057 645
Donations 467 331 865 665
Other expenses 2,176 2,066 3,856 3,594
Total noninterest expense 16,614 15,493 33,168 29,782
Income before income taxes 11,235 11,145 20,203 22,608
Provision for income tax expense 1,810 1,792 3,199 3,625
Net income 9,425 9,353 17,004 18,983
Other comprehensive (loss) income:        
Unrealized (loss) gain on investment securities available for sale (5,148) (18,669) 5,688 (51,281)
Reclassification adjustment for net gain on sales included in net income     (81)  
Change in derivative fair value 2,049 (201) 79 (694)
Other comprehensive (loss) income (3,099) (18,870) 5,686 (51,975)
Income tax (benefit) expense related to other comprehensive (loss) income (668) (3,963) 1,223 (10,915)
Other comprehensive (loss) income, net of income tax (benefit) expense (2,431) (14,907) 4,463 (41,060)
Comprehensive income (loss) $ 6,994 $ (5,554) $ 21,467 $ (22,077)
Per share data:        
Basic $ 1.32 $ 1.30 $ 2.38 $ 2.65
Diluted $ 1.31 $ 1.30 $ 2.37 $ 2.63
Average common shares outstanding:        
Basic 7,145,975 7,171,909 7,151,732 7,172,181
Diluted 7,177,915 7,215,365 7,188,384 7,215,890
Dividends declared $ 0.41 $ 0.39 $ 0.82 $ 0.78
Service charges, fees, commissions and other        
Noninterest income:        
Revenue from contracts with customers $ 1,982 $ 1,761 $ 3,947 $ 3,453
Merchant services income        
Noninterest income:        
Revenue from contracts with customers 254 562 372 676
Commission and fees on fiduciary activities        
Noninterest income:        
Revenue from contracts with customers 528 551 1,085 1,106
Wealth management income        
Noninterest income:        
Revenue from contracts with customers $ 386 $ 374 $ 784 $ 725