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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest income        
Loans and leases $ 47,868 $ 30,174 $ 131,962 $ 78,934
Securities 2,198 1,165 5,601 3,204
Short-term investments 875 447 2,604 915
Total interest income 50,941 31,786 140,167 83,053
Interest expense        
Deposits 19,803 3,181 48,774 5,005
Federal Home Loan Bank advances and other borrowings 2,542 2,721 8,344 6,573
Junior subordinated notes 0 0 0 504
Total interest expense 22,345 5,902 57,118 12,082
Net interest income 28,596 25,884 83,049 70,971
Provision for credit losses 1,817 12 5,610 (4,569)
Net interest income after provision for credit losses 26,779 25,872 77,439 75,540
Non-interest income        
Private wealth management service fees 2,945 2,618 8,492 8,311
Gain on sale of Small Business Administration loans 851 732 1,771 2,269
Service charges on deposits 835 1,018 2,283 3,058
Loan fees 786 814 2,495 2,163
Increase in cash surrender value of bank-owned life insurance 376 359 1,106 1,057
Net loss on sale of securities 0 0 (45) 0
Swap fees 992 341 2,526 1,038
Other non-interest income 1,645 2,315 5,586 4,559
Total non-interest income 8,430 8,197 24,214 22,455
Non-interest expense        
Compensation 15,573 14,817 46,610 42,475
Occupancy 575 566 1,809 1,689
Professional fees 1,429 1,203 4,012 3,671
Data processing 953 719 2,889 2,391
Marketing 758 543 2,165 1,713
Equipment 349 253 1,000 732
Computer software 1,289 1,128 3,668 3,327
FDIC insurance 680 230 1,653 840
Other non-interest expense 1,583 569 3,181 1,469
Total non-interest expense 23,189 20,028 66,987 58,307
Income before income tax expense 12,020 14,041 34,666 39,688
Income tax expense 2,079 3,215 7,409 8,986
Net income 9,941 10,826 27,257 30,702
Preferred stock dividend 218 218 656 464
Basic earnings allocated to common shareholders $ 9,723 $ 10,608 $ 26,601 $ 30,238
Earnings per common share        
Basic $ 1.17 $ 1.25 $ 3.19 $ 3.57
Diluted 1.17 1.25 3.19 3.57
Dividends declared per share $ 0.2275 $ 0.1975 $ 0.6825 $ 0.5925