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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest and fees on loans:    
Taxable $ 18,549 $ 19,491
Tax-exempt 454 439
Income from available-for-sale debt securities:    
Taxable 1,969 1,113
Tax-exempt 722 642
Other interest and dividend income 79 69
Total interest and dividend income 21,773 21,754
INTEREST EXPENSE    
Interest on deposits 910 1,278
Interest on short-term borrowings 1 15
Interest on long-term borrowings - FHLB advances 49 134
Interest on senior notes, net 118 0
Interest on subordinated debt, net 363 244
Total interest expense 1,441 1,671
Net interest income 20,332 20,083
Provision for loan losses 891 259
Net interest income after provision for loan losses 19,441 19,824
NONINTEREST INCOME    
Brokerage and insurance revenue 522 326
Net gains from sale of loans 382 1,064
Increase in cash surrender value of life insurance 135 150
Other noninterest income 588 1,472
Realized gains on available-for-sale debt securities, net 2 0
Total noninterest income 5,823 6,782
NONINTEREST EXPENSE    
Salaries and employee benefits 10,607 8,895
Net occupancy and equipment expense 1,411 1,304
Data processing and telecommunications expense 1,623 1,380
Automated teller machine and interchange expense 384 337
Pennsylvania shares tax 488 491
Professional fees 489 547
Other noninterest expense 1,884 2,755
Total noninterest expense 16,886 15,709
Income before income tax provision 8,378 10,897
Income tax provision 1,483 2,110
NET INCOME $ 6,895 $ 8,787
EARNINGS PER COMMON SHARE - BASIC (in dollars per share) $ 0.44 $ 0.55
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share) $ 0.44 $ 0.55
Trust revenue    
NONINTEREST INCOME    
Revenue $ 1,786 $ 1,626
Service charges on deposit accounts    
NONINTEREST INCOME    
Revenue 1,235 1,015
Interchange revenue from debit card transactions    
NONINTEREST INCOME    
Revenue 963 881
Loan servicing fees, net    
NONINTEREST INCOME    
Revenue $ 210 $ 248