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CONSOLIDATED STATEMENT OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
INTEREST INCOME:        
Interest and fees on loans $ 35,858 $ 33,772 $ 106,058 $ 80,438
Interest-bearing deposits with banks 190 264 695 462
Investment securities:        
Taxable 1,736 1,734 5,023 4,973
Nontaxable 517 540 1,569 1,729
Dividends 388 379 1,179 1,004
TOTAL INTEREST INCOME 38,689 36,689 114,524 88,606
INTEREST EXPENSE:        
Deposits 13,475 10,100 38,451 19,519
Borrowed funds 3,890 4,185 12,491 10,682
TOTAL INTEREST EXPENSE 17,365 14,285 50,942 30,201
NET INTEREST INCOME 21,324 22,404 63,582 58,405
(Negative) provision for credit losses (200) 475 2,587 737
Provision for credit losses - acquisition day 1 non-PCD 0 0 0 4,591
NET INTEREST INCOME AFTER (NEGATIVE) PROVISION FOR CREDIT LOSSES 21,524 21,929 60,995 53,077
NON-INTEREST INCOME:        
Service charges 1,636 1,692 4,393 4,196
Trust 184 172 629 583
Brokerage and insurance 545 473 1,773 1,429
Gains on loans sold 752 460 1,648 674
Equity security gains (losses), net 159 69 127 (223)
Available for sale security losses, net 0 0 0 (51)
Gain on sale of Braavo division 0 0 1,102 0
Earnings on bank owned life insurance 338 489 1,334 941
Other 141 307 1,056 567
TOTAL NON-INTEREST INCOME 3,755 3,662 12,062 8,116
NON-INTEREST EXPENSES:        
Salaries and employee benefits 9,715 10,005 29,622 25,598
Occupancy 1,215 1,221 3,805 2,870
Furniture and equipment 260 255 791 568
Professional fees 620 506 2,021 1,274
FDIC insurance 555 375 1,589 1,000
Pennsylvania shares tax 226 297 866 893
Amortization of intangibles 136 157 432 219
Merger and acquisition 0 623 0 9,269
Software expenses 500 551 1,508 1,274
OREO expenses 84 111 246 126
Other 2,718 2,343 8,038 5,811
TOTAL NON-INTEREST EXPENSES 16,029 16,444 48,918 48,902
Income before provision for income taxes 9,250 9,147 24,139 12,291
Provision for income taxes 1,714 1,599 4,304 2,020
NET INCOME $ 7,536 $ 7,548 $ 19,835 $ 10,271
PER COMMON SHARE DATA:        
Net Income - Basic (in dollars per share) $ 1.59 $ 1.59 $ 4.18 $ 2.38
Net Income - Diluted (in dollars per share) 1.59 1.59 4.17 2.38
Cash Dividends Paid (in dollars per share) $ 0.49 $ 0.485 $ 1.46 $ 1.435
Number of shares used in computation - basic (in shares) 4,749,679 4,746,541 4,748,988 4,321,848
Number of shares used in computation - diluted (in shares) 4,751,224 4,746,541 4,753,927 4,321,848