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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Interest and dividend income        
Loans, including fees $ 46,898 $ 40,547 $ 136,328 $ 117,583
Taxable securities 3,258 2,999 9,262 8,817
Tax-exempt securities 2,369 2,336 7,116 6,917
Deposits in other banks 216 719 756 818
Total interest and dividend income 52,741 46,601 153,462 134,135
Interest expense        
Deposits 16,926 9,584 48,418 20,350
Federal Home Loan Bank advances 5,338 3,261 15,956 10,668
Subordinated debentures 1,244 1,239 3,732 3,606
Securities sold under agreements to repurchase and other   1,013   4,067
Total interest expense 23,508 15,097 68,106 38,691
Net interest income 29,233 31,504 85,356 95,444
Provision for credit losses - loans 1,346 630 5,188 2,111
Provision for (recovery of) credit losses - off-balance sheet credit exposures (325) 130 (520) 595
Net interest income after provision 28,212 30,744 80,688 92,738
Noninterest income        
Service charges 1,595 1,853 4,523 5,457
Net gain (loss) on equity securities 223 69 156 (169)
Net gain on sale of loans and leases 1,427 787 3,179 2,033
ATM/Interchange fees 1,402 1,424 4,201 4,227
Wealth management fees 1,443 1,197 4,055 3,570
Lease revenue and residual income 2,428 1,913 7,630 6,160
Bank owned life insurance 717 266 1,434 830
Tax refund processing fees 0 0 0 2,375
Swap fees 43 21 165 198
Other 408 595 3,390 3,661
Total noninterest income 9,686 8,125 28,733 28,342
Noninterest expense        
Compensation expense 15,726 14,054 46,922 44,137
Net occupancy expense 1,293 1,368 3,959 4,096
Contracted data processing 636 651 1,740 1,730
Taxes and assessments 1,040 1,028 3,036 2,985
Professional services 1,134 1,010 3,532 3,804
Equipment expense/depreciation 2,345 2,687 7,313 8,213
ATM/Interchange expense 616 619 1,873 1,814
Marketing 716 497 1,640 1,542
Sponsorships 39 381 1,300 1,102
Communication 354 384 1,069 1,283
Insurance Expense 634 635 1,902 1,853
Software maintenance expense 1,203 1,052 3,568 2,989
Other operating expenses 2,245 2,256 6,371 6,155
Total noninterest expense 27,981 26,622 84,225 81,703
Income before taxes 9,917 12,247 25,196 39,377
Income tax expense 1,551 1,860 3,406 6,068
Net Income $ 8,366 $ 10,387 $ 21,790 $ 33,309
Earnings per common share, basic $ 0.53 $ 0.66 $ 1.39 $ 2.12
Earnings per common share, diluted $ 0.53 $ 0.66 $ 1.39 $ 2.12