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CONSOLIDATED STATEMENT OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
INTEREST INCOME:        
Interest and fees on loans $ 17,120 $ 16,370 $ 33,040 $ 33,064
Interest-bearing deposits with banks 156 111 272 217
Investment securities:        
Taxable 1,424 941 2,536 1,791
Nontaxable 617 547 1,200 1,091
Dividends 90 106 174 207
TOTAL INTEREST INCOME 19,407 18,075 37,222 36,370
INTEREST EXPENSE:        
Deposits 1,356 1,525 2,631 3,123
Borrowed funds 322 338 600 594
TOTAL INTEREST EXPENSE 1,678 1,863 3,231 3,717
NET INTEREST INCOME 17,729 16,212 33,991 32,653
Provision for loan losses 450 500 700 1,150
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 17,279 15,712 33,291 31,503
NON-INTEREST INCOME:        
Service charges 1,324 1,163 2,572 2,269
Trust 184 185 433 492
Brokerage and insurance 501 406 982 782
Gains on loans sold 41 311 146 814
Equity security gains (losses), net (134) 29 (179) 216
Available for sale security gains, net 0 0 0 50
Earnings on bank owned life insurance 212 163 419 1,478
Other 176 449 362 840
TOTAL NON-INTEREST INCOME 2,304 2,706 4,735 6,941
NON-INTEREST EXPENSES:        
Salaries and employee benefits 7,117 6,481 14,030 12,744
Occupancy 754 711 1,548 1,494
Furniture and equipment 166 141 295 284
Professional fees 394 395 733 843
FDIC insurance 145 129 280 258
Pennsylvania shares tax 339 178 678 517
Amortization of intangibles 40 49 80 98
Software expenses 358 354 699 667
ORE expenses (income) 120 167 (247) 253
Other 1,767 1,715 3,335 3,109
TOTAL NON-INTEREST EXPENSES 11,200 10,320 21,431 20,267
Income before provision for income taxes 8,383 8,098 16,595 18,177
Provision for income taxes 1,482 1,451 2,954 3,067
NET INCOME $ 6,901 $ 6,647 $ 13,641 $ 15,110
PER COMMON SHARE DATA:        
Net Income - Basic (in dollars per share) $ 1.74 $ 1.67 $ 3.43 $ 3.79
Net Income - Diluted (in dollars per share) 1.74 1.67 3.43 3.79
Cash Dividends Paid (in dollars per share) $ 0.470 $ 0.456 $ 0.941 $ 0.912
Number of shares used in computation - basic (in shares) 3,973,402 3,983,274 3,969,621 3,984,970
Number of shares used in computation - diluted (in shares) 3,973,417 3,983,346 3,969,725 3,985,005