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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest Income        
Loans, including fees $ 33,783 $ 24,119 $ 94,851 $ 66,962
Debt securities:        
U.S. Treasury and government agencies 1,005 1,049 3,103 3,107
Municipalities 392 373 1,201 995
Dividends 246 93 517 192
Federal funds sold 6   36 19
Other 927 213 1,830 382
Total interest income 36,359 25,847 101,538 71,657
Interest Expense        
Deposits 13,323 2,166 31,908 4,905
Federal funds purchased and securities sold under agreements to repurchase 349 416 1,181 734
Borrowed funds 2,741 398 6,134 951
Subordinated notes 284 284 853 837
Total interest expense 16,697 3,264 40,076 7,427
Net Interest Income - Before Provision for Credit Losses* 19,662 22,583 61,462 64,230
Provision for Credit Losses-Loans* 460 1,637 1,420 3,845
Provision for Credit Losses-Off Balance Sheet Credit Exposures* (76)   (143)  
Net Interest Income After Provision for Credit Losses* 19,278 20,946 60,185 60,385
Noninterest Income        
Net gain on sale of loans 294 327 469 1,188
Net loss on sale of available-for-sale securities     (891)  
Total noninterest income 3,664 3,732 12,113 11,395
Noninterest Expense        
Salaries and wages 6,777 5,479 19,934 16,347
Employee benefits 2,066 1,392 6,302 4,992
Net occupancy expense 950 693 2,646 1,813
Furniture and equipment 1,189 1,047 3,652 3,111
Data processing 840 781 2,362 2,039
Franchise taxes 434 254 1,179 1,429
ATM expense 640 580 1,946 1,656
Advertising 865 578 2,209 1,115
Net (gain) loss on sale of other assets owned 49   49 (271)
FDIC assessment 586 271 1,388 655
Servicing rights amortization - net 106 (50) 429 35
Consulting fees 179 254 640 665
Other general and administrative 2,363 2,192 8,083 6,613
Total noninterest expense 17,044 13,471 50,819 40,199
Income Before Income Taxes 5,898 11,207 21,479 31,581
Income Taxes 1,121 2,253 4,235 6,254
Net Income $ 4,777 $ 8,954 $ 17,244 $ 25,327
Basic Earnings Per Share $ 0.35 $ 0.68 $ 1.26 $ 1.94
Diluted Earnings Per Share 0.35 0.68 1.26 1.94
Dividends Declared $ 0.21 $ 0.21 $ 0.63 $ 0.6025
Customer Service Fees [Member]        
Noninterest Income        
Noninterest income $ 2,208 $ 2,300 $ 7,016 $ 7,096
Other Service Charges and Fees [Member]        
Noninterest Income        
Noninterest income $ 1,162 $ 1,105 $ 5,519 $ 3,111