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CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Interest income          
Interest and fees on loans $ 24,579 $ 24,258 $ 23,334 $ 48,837 $ 47,011
Interest on investment securities 9,994 10,033 8,273 20,027 14,966
Interest on federal funds sold and due from banks 48 56 180 104 286
Total interest income 34,621 34,347 31,787 68,968 62,263
Interest expense          
Interest on interest-bearing transaction accounts 234 254 53 488 109
Interest on savings accounts 146 170 32 316 61
Interest on money market accounts 4,292 1,085 438 5,377 916
Interest on time accounts 946 223 67 1,169 81
Interest on borrowings and other obligations 4,873 2,716 0 7,589 1
Total interest expense 10,491 4,448 590 14,939 1,168
Net interest income 24,130 29,899 31,197 54,029 61,095
Provision for (reversal of) credit losses on loans 500 350 0 850 (485)
Reversal of credit losses on unfunded loan commitments (168) (174) 0 (342) (318)
Net interest income after provision for (reversal of) credit losses 23,798 29,723 31,197 53,521 61,898
Non-interest income          
Earnings on bank-owned life insurance, net 362 705 298 1,067 711
Dividends on Federal Home Loan Bank stock 290 302 249 592 508
Other income 326 304 406 630 868
Total non-interest income 2,739 2,935 2,728 5,674 5,595
Non-interest expense          
Salaries and related benefits 11,416 10,930 10,341 22,346 21,889
Occupancy and equipment 1,980 2,414 1,891 4,394 3,798
Professional services 797 1,123 665 1,920 1,578
Data processing 922 1,045 1,199 1,967 2,476
Depreciation and amortization 400 882 393 1,282 845
Information technology 357 370 468 727 946
Amortization of core deposit intangible 340 345 374 685 754
Directors' expense 300 321 294 621 605
Federal Deposit Insurance Corporation insurance 666 289 296 955 586
Charitable contributions 638 49 511 687 556
Other real estate owned 44 4 3 48 5
Other expense 2,805 2,008 2,471 4,813 4,243
Total non-interest expense 20,665 19,780 18,906 40,445 38,281
Income before provision for income taxes 5,872 12,878 15,019 18,750 29,212
Provision for income taxes 1,321 3,438 3,953 4,759 7,681
Net income $ 4,551 $ 9,440 $ 11,066 $ 13,991 $ 21,531
Net income per common share:          
Basic (in dollars per share) $ 0.28 $ 0.59 $ 0.70 $ 0.88 $ 1.35
Diluted (in dollars per share) $ 0.28 $ 0.59 $ 0.69 $ 0.87 $ 1.35
Weighted average shares:          
Basic (in shares) 16,009 15,970 15,921 15,990 15,898
Diluted (in shares) 16,016 15,999 15,955 16,008 15,950
Comprehensive (loss) income:          
Net income $ 4,551 $ 9,440 $ 11,066 $ 13,991 $ 21,531
Other comprehensive (loss) income:          
Change in net unrealized gains or losses on available-for-sale securities (10,928) 16,213 (27,050) 5,285 (65,278)
Net unrealized losses on securities transferred from available-for-sale to held-to-maturity 0 0 0 0 (14,847)
Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity 451 463 472 914 616
Other comprehensive (loss) income, before tax (10,477) 16,676 (26,578) 6,199 (79,509)
Deferred tax (benefit) expense (3,097) 4,930 (7,857) 1,833 (23,505)
Other comprehensive (loss) income, net of tax (7,380) 11,746 (18,721) 4,366 (56,004)
Total comprehensive (loss) income (2,829) 21,186 (7,655) 18,357 (34,473)
Wealth Management and Trust Services          
Non-interest income          
Wealth management and trust services, debit card interchange fees net, service charges on deposit accounts and merchant interchange fees net 559 511 630 1,070 1,230
Service charges on deposit accounts          
Non-interest income          
Wealth management and trust services, debit card interchange fees net, service charges on deposit accounts and merchant interchange fees net 520 533 465 1,053 953
Debit card interchange fees, net          
Non-interest income          
Wealth management and trust services, debit card interchange fees net, service charges on deposit accounts and merchant interchange fees net 555 447 531 1,002 1,036
Merchant interchange fees, net          
Non-interest income          
Wealth management and trust services, debit card interchange fees net, service charges on deposit accounts and merchant interchange fees net $ 127 $ 133 $ 149 $ 260 $ 289