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CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest income          
Interest and fees on loans $ 24,704 $ 24,579 $ 23,357 $ 73,541 $ 70,368
Interest on investment securities 9,345 9,994 9,674 29,371 24,640
Interest on federal funds sold and due from banks 1,055 48 546 1,159 832
Total interest income 35,104 34,621 33,577 104,071 95,840
Interest expense          
Interest on interest-bearing transaction accounts 270 234 121 758 230
Interest on savings accounts 229 146 32 545 93
Interest on money market accounts 5,988 4,292 268 11,365 1,184
Interest on time accounts 1,555 946 128 2,724 209
Interest on borrowings and other obligations 2,593 4,873 1 10,182 2
Total interest expense 10,635 10,491 550 25,574 1,718
Net interest income 24,469 24,130 33,027 78,497 94,122
Provision for (reversal of) credit losses on loans 425 500 422 1,275 (63)
Reversal of credit losses on unfunded loan commitments 0 (168) 0 (342) (318)
Net interest income after provision for (reversal of) credit losses 24,044 23,798 32,605 77,564 94,503
Non-interest income          
Earnings on bank-owned life insurance, net 371 362 222 1,438 933
Dividends on Federal Home Loan Bank stock 324 290 251 916 759
Gains (losses) on sale of investment securities, net 14 0 (63) 14 (63)
Other income 293 326 628 923 1,496
Total non-interest income 2,598 2,739 2,723 8,272 8,318
Non-interest expense          
Salaries and related benefits 10,741 11,416 10,557 33,087 32,446
Occupancy and equipment 1,973 1,980 1,941 6,367 5,739
Data processing 1,009 922 1,093 2,976 3,569
Professional services 757 797 736 2,677 2,314
Depreciation and amortization 423 400 414 1,705 1,259
Federal Deposit Insurance Corporation insurance 469 666 300 1,424 886
Information technology 411 357 573 1,138 1,519
Amortization of core deposit intangible 335 340 370 1,020 1,124
Directors' expense 272 300 233 893 838
Charitable contributions 20 638 49 707 605
Other real estate owned 0 44 350 48 355
Other expense 3,337 2,805 2,062 8,150 6,305
Total non-interest expense 19,747 20,665 18,678 60,192 56,959
Income before provision for income taxes 6,895 5,872 16,650 25,644 45,862
Provision for income taxes 1,600 1,321 4,476 6,359 12,157
Net income $ 5,295 $ 4,551 $ 12,174 $ 19,285 $ 33,705
Net income per common share:          
Basic (in dollars per share) $ 0.33 $ 0.28 $ 0.76 $ 1.21 $ 2.12
Diluted (in dollars per share) $ 0.33 $ 0.28 $ 0.76 $ 1.20 $ 2.11
Weighted average shares:          
Basic (in shares) 16,028 16,009 15,939 16,002 15,912
Diluted (in shares) 16,036 16,016 15,974 16,017 15,959
Comprehensive (loss) income:          
Net income $ 5,295 $ 4,551 $ 12,174 $ 19,285 $ 33,705
Other comprehensive (loss) income:          
Change in net unrealized gains or losses on available-for-sale securities (13,792) (10,928) (31,816) (8,507) (97,094)
Reclassification adjustment for losses (gains) on available-for-sale securities included in net income 2,793 0 63 2,793 63
Reclassification adjustment for gains or losses for fair value hedge 367 0 0 367 0
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 411 451 510 1,325 1,126
Other comprehensive (loss) income, before tax (10,221) (10,477) (31,243) (4,022) (110,752)
Deferred tax (benefit) expense (3,021) (3,097) (9,236) (1,188) (32,741)
Other comprehensive (loss) income, net of tax (7,200) (7,380) (22,007) (2,834) (78,011)
Total comprehensive (loss) income (1,905) (2,829) (9,833) 16,451 (44,306)
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 515 559 507 1,585 1,737
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 508 520 535 1,561 1,488
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 456 555 502 1,458 1,538
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 $ 117 $ 127 $ 141 $ 377 $ 430