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Condensed Quarterly Earnings (Tables)

12 Months Ended

Dec. 31, 2023

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information


			2023																								2022
			Fourth Quarter						Third Quarter						Second Quarter						First Quarter						Fourth Quarter						Third Quarter						Second Quarter						First Quarter
			(Dollars in Thousands, Except Per Share Data)
Interest income			$	54,762					$	50,941					$	47,161					$	42,064					$	38,319					$	31,786					$	27,031					$	24,235
Interest expense			25,222						22,345						19,414						15,359						10,867						5,902						3,371						2,809
Net interest income			29,540						28,596						27,747						26,705						27,452						25,884						23,660						21,426
Provision for credit losses			2,573						1,817						2,231						1,561						702						12						(3,727)						(855)
Non-interest income			7,094						8,430						7,374						8,410						6,973						8,197						6,872						7,386
Non-interest expense			21,588						23,189						22,031						21,767						21,167						20,028						19,456						18,823
Income before income tax expense			12,473						12,020						10,859						11,787						12,556						14,041						14,803						10,844
Income tax expense			2,703						2,079						2,522						2,808						2,400						3,215						3,599						2,172
Net income			9,770						9,941						8,337						8,979						10,156						10,826						11,204						8,672
Preferred stock dividend			219						218						219						219						219						219						245						—
Income available to common shareholders			$	9,551					$	9,723					$	8,118					$	8,760					$	9,937					$	10,607					$	10,959					$	8,672
Per common share:
Basic earnings			$	1.15					$	1.17					$	0.98					$	1.05					$	1.18					$	1.25					$	1.29					$	1.02
Diluted earnings			1.15						1.17						0.98						1.05						1.18						1.25						1.29						1.02
Dividends declared			0.2275						0.2275						0.2275						0.2275						0.1975						0.1975						0.1975						0.1975