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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
INTEREST INCOME        
Loans, Including Fees $ 51,385 $ 47,721 $ 100,966 $ 92,676
Investment Securities 8,177 6,237 16,093 12,455
Other 1,316 1,043 2,488 1,862
Total Interest Income 60,878 55,001 119,547 106,993
INTEREST EXPENSE        
Deposits 31,618 22,998 61,808 39,372
Federal Funds Purchased 853 2,761 1,157 7,705
Notes Payable 296 285 591 548
FHLB Advances 2,125 2,092 4,383 2,953
Subordinated Debentures 990 993 1,981 1,976
Total Interest Expense 35,882 29,129 69,920 52,554
NET INTEREST INCOME 24,996 25,872 49,627 54,439
Provision for Credit Losses 600 50 1,350 675
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 24,396 25,822 48,277 53,764
NONINTEREST INCOME        
Customer Service Fees 366 368 708 717
Net Gain (Loss) on Sales of Available for Sale Securities 320 50 413 (6)
Letter of Credit Fees 387 379 703 1,013
Debit Card Interchange Fees 155 155 296 293
Bank-Owned Life Insurance 312 238 613 472
FHLB Prepayment Income       299
Other Income 223 225 580 570
Total Noninterest Income 1,763 1,415 3,313 3,358
NONINTEREST EXPENSE        
Salaries and Employee Benefits 9,675 8,589 19,108 17,404
Occupancy and Equipment 1,092 1,075 2,149 2,284
FDIC Insurance Assessment 725 900 1,600 1,565
Data Processing 472 401 884 758
Professional and Consulting Fees 852 829 1,741 1,584
Derivative Collateral Fees 528 404 1,014 784
Information Technology and Telecommunications 812 711 1,608 1,394
Marketing and Advertising 317 321 639 583
Intangible Asset Amortization 8 34 17 82
Other Expense 1,058 1,010 1,968 1,905
Total Noninterest Expense 15,539 14,274 30,728 28,343
INCOME BEFORE INCOME TAXES 10,620 12,963 20,862 28,779
Provision for Income Taxes 2,505 3,147 4,916 7,321
NET INCOME 8,115 9,816 15,946 21,458
Preferred Stock Dividends (1,014) (1,014) (2,027) (2,027)
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 7,101 $ 8,802 $ 13,919 $ 19,431
EARNINGS PER SHARE        
Basic (in dollars per share) $ 0.26 $ 0.32 $ 0.51 $ 0.70
Diluted (in dollars per share) $ 0.26 $ 0.31 $ 0.50 $ 0.69