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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income      
Interest and fees on loans $ 98,505 $ 93,868 $ 91,612
Interest on investment securities 38,660 34,766 16,342
Interest on federal funds sold and due from banks 2,329 1,407 399
Total interest income 139,494 130,041 108,353
Interest expense      
Interest on interest-bearing transaction accounts 1,036 421 172
Interest on savings accounts 867 125 94
Interest on money market accounts 18,553 1,589 1,520
Interest on time accounts 4,715 323 246
Interest on borrowings and other obligations 11,562 91 9
Interest on subordinated debenture 0 0 1,361
Total interest expense 36,733 2,549 3,402
Net interest income 102,761 127,492 104,951
Provision for (reversal of) credit losses on loans 2,575 (63) (1,449)
Reversal of credit losses on unfunded loan commitments (342) (318) (992)
Net interest income after (reversal of) provision for credit losses 100,528 127,873 107,392
Non-interest income      
Earnings on bank-owned life insurance, net 1,802 1,229 2,194
Dividends on Federal Home Loan Bank stock 1,265 1,056 760
Losses on sale of investment securities, net of gains (5,893) (63) (16)
Other income 1,260 1,849 1,145
Total non-interest income 4,989 10,905 10,132
Non-interest expense      
Salaries and employee benefits 43,448 42,046 41,939
Occupancy and equipment 8,306 7,823 7,297
Data processing 4,057 4,649 5,139
Professional services 3,598 3,299 4,974
Deposit network fees 2,783 258 26
Depreciation and amortization 2,098 1,840 1,740
Information technology 1,569 2,197 1,550
Amortization of core deposit intangible 1,350 1,489 1,135
Directors' expense 1,212 1,107 957
Federal Deposit Insurance Corporation insurance 1,878 1,179 889
Charitable contributions 717 709 587
Other real estate owned 48 359 5
Other expense 8,417 8,314 6,400
Total non-interest expense 79,481 75,269 72,638
Income before provision for income taxes 26,036 63,509 44,886
Provision for income taxes 6,141 16,923 11,658
Net income $ 19,895 $ 46,586 $ 33,228
Net income per common share:      
Basic (in dollars per share) $ 1.24 $ 2.93 $ 2.32
Diluted (in dollars per share) $ 1.24 $ 2.92 $ 2.30
Weighted average common shares:      
Basic (in shares) 16,012 15,921 14,340
Diluted (in shares) 16,026 15,969 14,422
Comprehensive income (loss):      
Net income $ 19,895 $ 46,586 $ 33,228
Other comprehensive income (loss):      
Change in net unrealized gains or losses on available-for-sale securities 20,358 (88,620) (21,281)
Reclassification adjustment for realized losses on available-for-sale securities in net income 8,700 63 16
Reclassification adjustment for gains or losses on fair value hedges (1,359) 0 0
Net unrealized losses on securities transferred from available-for-sale to held-to-maturity 0 (14,847) 0
Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity 1,743 1,580 493
Other comprehensive income (loss), before tax 29,442 (101,824) (20,772)
Deferred tax expense (benefit) 8,702 (30,102) (6,147)
Other comprehensive income (loss), net of tax 20,740 (71,722) (14,625)
Comprehensive income (loss) 40,635 (25,136) 18,603
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 2,145 2,227 2,222
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 1,831 2,051 1,812
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 2,083 2,007 1,593
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 $ 496 $ 549 $ 422