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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Interest income          
Interest and fees on loans $ 25,483 $ 25,109 $ 24,704 $ 75,612 $ 73,541
Interest on investment securities 7,594 8,299 9,345 24,698 29,371
Interest on federal funds sold and due from banks 3,242 924 1,055 4,487 1,159
Total interest income 36,319 34,332 35,104 104,797 104,071
Interest expense          
Interest on interest-bearing transaction accounts 339 274 270 874 758
Interest on savings accounts 565 511 229 1,447 545
Interest on money market accounts 8,714 8,641 5,988 25,804 11,365
Interest on time accounts 2,431 2,291 1,555 7,002 2,724
Interest on borrowings and other obligations 1 148 2,593 240 10,182
Total interest expense 12,050 11,865 10,635 35,367 25,574
Net interest income 24,269 22,467 24,469 69,430 78,497
Provision for credit losses on loans 0 5,200 425 5,550 1,275
Reversal of credit losses on unfunded loan commitments (233) 0 0 (233) (342)
Net interest income after provision for (reversal of) credit losses 24,502 17,267 24,044 64,113 77,564
Non-interest income          
Earnings on bank-owned life insurance, net 426 421 371 1,282 1,438
Dividends on Federal Home Loan Bank stock 365 366 324 1,108 916
Gains (losses) on sale of investment securities 1 (32,542) 14 (32,541) 14
Other income 357 420 293 1,062 923
Total non-interest income 2,888 (29,755) 2,598 (24,113) 8,272
Non-interest expense          
Salaries and related benefits 10,822 12,364 10,741 35,270 33,087
Occupancy and equipment 2,097 2,049 1,973 6,115 6,367
Professional services 1,879 1,043 757 4,000 2,677
Data processing 1,051 1,005 1,009 3,126 2,976
Deposit network fees 927 916 1,227 2,688 1,843
Federal Deposit Insurance Corporation insurance 582 426 469 1,443 1,424
Information technology 404 448 411 1,254 1,138
Depreciation and amortization 358 379 423 1,125 1,705
Directors' expense 293 306 272 916 893
Amortization of core deposit intangible 241 246 335 738 1,020
Charitable contributions 30 604 20 647 707
Other real estate owned 0 0 0 0 48
Other expense 1,733 2,108 2,110 6,158 6,307
Total non-interest expense 20,417 21,894 19,747 63,480 60,192
Income (loss) before provision for (benefit from) income taxes 6,973 (34,382) 6,895 (23,480) 25,644
Provision for (benefit from) income taxes 2,403 (12,480) 1,600 (9,070) 6,359
Net income (loss) $ 4,570 $ (21,902) $ 5,295 $ (14,410) $ 19,285
Net income (loss) per common share          
Basic (in dollars per share) $ 0.28 $ (1.36) $ 0.33 $ (0.90) $ 1.21
Diluted (in dollars per share) $ 0.28 $ (1.36) $ 0.33 $ (0.90) $ 1.20
Weighted average shares:          
Basic (in shares) 16,038 16,108 16,028 16,076 16,002
Diluted (in shares) 16,066 16,108 16,036 16,076 16,017
Comprehensive income (loss):          
Net income (loss) $ 4,570 $ (21,902) $ 5,295 $ (14,410) $ 19,285
Other comprehensive income (loss):          
Change in net unrealized gains or losses on available-for-sale securities 8,041 559 (13,792) 4,032 (8,507)
Reclassification adjustment for realized (gains) losses on available-for-sale securities in net income (1) 32,542 2,793 32,541 2,793
Reclassification adjustment for gains or losses on fair value hedges (1,584) 282 367 (85) 367
Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity 385 403 411 1,149 1,325
Other comprehensive income (loss), before tax 6,841 33,786 (10,221) 37,637 (4,022)
Deferred tax expense (benefit) 2,022 9,981 (3,021) 11,119 (1,188)
Other comprehensive income (loss), net of tax 4,819 23,805 (7,200) 26,518 (2,834)
Total comprehensive income (loss) 9,389 1,903 (1,905) 12,108 16,451
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 706 585 515 1,844 1,585
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 543 541 508 1,613 1,561
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 423 444 456 1,275 1,458
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 $ 67 $ 10 $ 117 $ 244 $ 377