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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
INTEREST INCOME        
Loans, Including Fees $ 51,895 $ 48,999 $ 152,861 $ 141,675
Investment Securities 8,725 6,507 24,818 18,962
Other 2,407 1,303 4,895 3,165
Total Interest Income 63,027 56,809 182,574 163,802
INTEREST EXPENSE        
Deposits 34,187 27,225 95,995 66,597
Federal Funds Purchased 2 548 1,159 8,253
Notes Payable 296 296 887 844
FHLB Advances 1,942 2,316 6,325 5,269
Subordinated Debentures 1,001 1,003 2,982 2,979
Total Interest Expense 37,428 31,388 107,348 83,942
NET INTEREST INCOME 25,599 25,421 75,226 79,860
Provision for (Recovery of) Credit Losses   (600) 1,350 75
NET INTEREST INCOME AFTER PROVISION FOR (RECOVERY OF) CREDIT LOSSES 25,599 26,021 73,876 79,785
NONINTEREST INCOME        
Customer Service Fees 373 379 1,081 1,096
Net Gain (Loss) on Sales of Available for Sale Securities (28)   385 (6)
Letter of Credit Fees 424 315 1,127 1,328
Debit Card Interchange Fees 152 150 448 443
Bank-Owned Life Insurance 352 252 965 724
FHLB Prepayment Income   493   792
Other Income 249 137 829 707
Total Noninterest Income 1,522 1,726 4,835 5,084
NONINTEREST EXPENSE        
Salaries and Employee Benefits 9,851 9,519 28,959 26,923
Occupancy and Equipment 1,069 1,101 3,218 3,385
FDIC Insurance Assessment 750 1,075 2,350 2,640
Data Processing 368 392 1,252 1,150
Professional and Consulting Fees 1,149 715 2,890 2,299
Derivative Collateral Fees 381 543 1,395 1,327
Information Technology and Telecommunications 840 683 2,448 2,077
Marketing and Advertising 367 222 1,006 805
Intangible Asset Amortization 9 9 26 91
Other Expense 976 978 2,944 2,883
Total Noninterest Expense 15,760 15,237 46,488 43,580
INCOME BEFORE INCOME TAXES 11,361 12,510 32,223 41,289
Provision for Income Taxes 2,686 2,881 7,602 10,202
NET INCOME 8,675 9,629 24,621 31,087
Preferred Stock Dividends (1,013) (1,013) (3,040) (3,040)
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 7,662 $ 8,616 $ 21,581 $ 28,047
EARNINGS PER SHARE        
Basic (in dollars per share) $ 0.28 $ 0.31 $ 0.79 $ 1.01
Diluted (in dollars per share) $ 0.27 $ 0.30 $ 0.77 $ 0.99