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CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest income          
Interest and fees on loans $ 23,334 $ 23,677 $ 21,429 $ 47,011 $ 42,090
Interest on investment securities 8,273 6,693 3,504 14,966 6,633
Interest on federal funds sold and due from banks 180 106 54 286 96
Total interest income 31,787 30,476 24,987 62,263 48,819
Interest expense          
Interest on interest-bearing transaction accounts 53 56 39 109 78
Interest on savings accounts 32 29 21 61 40
Interest on money market accounts 438 478 312 916 598
Interest on time accounts 67 14 81 81 177
Interest on borrowings and other obligations 0 1 0 1 0
Interest on subordinated debenture 0 0 0 0 1,361
Total interest expense 590 578 453 1,168 2,254
Net interest income 31,197 29,898 24,534 61,095 46,565
Reversal of credit losses on loans 0 (485) (920) (485) (3,849)
Reversal of credit losses on unfunded loan commitments 0 (318) (612) (318) (1,202)
Net interest income after reversal of credit losses 31,197 30,701 26,066 61,898 51,616
Non-interest income          
Earnings on bank-owned life insurance, net 298 413 233 711 490
Dividends on Federal Home Loan Bank stock 249 259 177 508 326
Other income 406 462 285 868 513
Total non-interest income 2,728 2,867 2,022 5,595 3,848
Non-interest expense          
Salaries and related benefits 10,341 11,548 8,888 21,889 18,096
Occupancy and equipment 1,894 1,909 1,751 3,803 3,502
Data processing 1,199 1,277 820 2,476 1,639
Professional services 665 913 986 1,578 1,849
Information technology 468 478 296 946 609
Depreciation and amortization 393 452 389 845 848
Amortization of core deposit intangible 374 380 204 754 408
Directors' expense 294 311 230 605 405
Federal Deposit Insurance Corporation insurance 296 290 182 586 361
Charitable contributions 511 45 462 556 493
Other expense 2,471 1,772 1,348 4,243 2,758
Total non-interest expense 18,906 19,375 15,556 38,281 30,968
Income before provision for income taxes 15,019 14,193 12,532 29,212 24,496
Provision for income taxes 3,953 3,728 3,247 7,681 6,264
Net income $ 11,066 $ 10,465 $ 9,285 $ 21,531 $ 18,232
Net income per common share:          
Basic (in dollars per share) $ 0.70 $ 0.66 $ 0.71 $ 1.35 $ 1.38
Diluted (in dollars per share) $ 0.69 $ 0.66 $ 0.71 $ 1.35 $ 1.37
Weighted average shares:          
Basic (in shares) 15,921 15,876 13,092 15,898 13,227
Diluted (in shares) 15,955 15,946 13,164 15,950 13,316
Comprehensive (loss) income:          
Net income $ 11,066 $ 10,465 $ 9,285 $ 21,531 $ 18,232
Other comprehensive (loss) income:          
Change in net unrealized (losses) gains on available-for-sale securities (27,050) (38,228) 2,798 (65,278) (6,284)
Net unrealized losses on securities transferred from available-for-sale to held-to-maturity 0 (14,847) 0 (14,847) 0
Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity 472 144 138 616 281
Other comprehensive (loss) income, before tax (26,578) (52,931) 2,936 (79,509) (6,003)
Deferred tax (benefit) expense (7,857) (15,648) 864 (23,505) (1,780)
Other comprehensive (loss) income, net of tax (18,721) (37,283) 2,072 (56,004) (4,223)
Total comprehensive (loss) income (7,655) (26,818) 11,357 (34,473) 14,009
Wealth Management and Trust Services          
Non-interest income          
Service charges on deposit accounts, wealth management and trust services, debit card interchange fees net, and merchant interchange fees net 630 600 530 1,230 1,018
Debit card interchange fees, net          
Non-interest income          
Service charges on deposit accounts, wealth management and trust services, debit card interchange fees net, and merchant interchange fees net 531 505 419 1,036 785
Service charges on deposit accounts          
Non-interest income          
Service charges on deposit accounts, wealth management and trust services, debit card interchange fees net, and merchant interchange fees net 465 488 317 953 598
Merchant interchange fees, net          
Non-interest income          
Service charges on deposit accounts, wealth management and trust services, debit card interchange fees net, and merchant interchange fees net $ 149 $ 140 $ 61 $ 289 $ 118