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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
INTEREST INCOME:        
Interest and fees on loans $ 14,708 $ 13,208 $ 39,752 $ 40,529
Interest on deposits in other banks 48 28 157 89
Interest and dividends on investment securities:        
Taxable 4,411 3,844 14,586 9,938
Exempt from Federal income taxes 1,825 1,417 5,144 4,143
Total interest income 20,992 18,497 59,639 54,699
INTEREST EXPENSE:        
Interest on deposits 231 263 714 783
Interest on subordinated debentures and borrowings 597 24 1,354 70
Total interest expense 828 287 2,068 853
Net interest income before provision for credit losses 20,164 18,210 57,571 53,846
PROVISION FOR (REVERSAL OF) CREDIT LOSSES 500 (500) 500 (3,800)
Net interest income after provision for credit losses 19,664 18,710 57,071 57,646
NON-INTEREST INCOME:        
Service charges 475 487 1,558 1,386
Appreciation in cash surrender value of bank-owned life insurance 249 247 736 596
Interchange fees 432 472 1,352 1,313
Net realized (losses) gains on sales and calls of investment securities (14) 117 (777) 38
Federal Home Loan Bank dividends 91 84 258 237
Loan placement fees 155 467 722 1,634
Other income 92 274 235 1,020
Total non-interest income 1,480 2,148 4,084 6,224
NON-INTEREST EXPENSES:        
Salaries and employee benefits 7,500 7,091 21,501 21,008
Occupancy and equipment 1,363 1,224 3,869 3,538
Professional services 613 507 1,451 1,338
Data processing 560 599 1,649 1,841
Regulatory assessments 224 219 640 552
ATM/Debit card expenses 176 199 588 615
Information technology 879 891 2,465 2,061
Directors’ expenses 91 152 184 306
Advertising 138 129 416 386
Internet banking expense 29 54 98 262
Amortization of core deposit intangibles 139 174 419 521
Other 1,086 823 3,046 2,652
Total non-interest expenses 12,798 12,062 36,326 35,080
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 8,346 8,796 24,829 28,790
Provision for income taxes 1,962 2,275 5,817 7,227
Net income $ 6,384 $ 6,521 $ 19,012 $ 21,563
Earnings per common share:        
Basic earnings per common share (in dollars per share) $ 0.55 $ 0.54 $ 1.62 $ 1.75
Weighted average common shares used in basic computation (in shares) 11,678,532 12,007,689 11,723,790 12,332,248
Diluted earnings per common share (in dollars per share) $ 0.55 $ 0.54 $ 1.62 $ 1.74
Weighted average common shares used in diluted computation (in shares) 11,689,323 12,044,896 11,748,693 12,378,591
Cash dividends per common share (in dollars per share) $ 0.12 $ 0.12 $ 0.36 $ 0.35