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CONSOLIDATED CONDENSED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
INTEREST INCOME:        
Interest and fees on loans $ 24,836 $ 16,763 $ 47,518 $ 32,906
With a readily determinable fair value 9 8 18 25
Without a readily determinable fair value 30 30 61 50
Taxable 1,183 1,323 2,415 2,666
Non-taxable 145 174 288 350
Other investments 762 405 1,423 624
TOTAL INTEREST INCOME 26,965 18,703 51,723 36,621
INTEREST EXPENSE:        
Interest on deposits 9,690 3,335 17,880 5,791
Interest on short-term borrowings 181 1,008 1,116 2,312
Interest on long-term debt 1,877 183 3,615 399
TOTAL INTEREST EXPENSE 11,748 4,526 22,611 8,502
NET INTEREST INCOME 15,217 14,177 29,112 28,119
Provision for (recovery of) credit losses 528 30 653 (27)
NET INTEREST INCOME AFTER PROVISION FOR (RECOVERY OF) CREDIT LOSSES 14,689 14,147 28,459 28,146
NON-INTEREST INCOME:        
Debt Securities, Available-for-sale, Realized Gain (Loss) 0 0 (214) 0
Bank-owned life insurance income 341 277 659 548
Net gains from sales of loans 50 3 572 9
Other operating income 85 134 31 216
TOTAL NON-INTEREST INCOME 4,080 3,646 8,009 7,227
NON-INTEREST EXPENSE:        
Salaries and employee benefits 9,006 7,061 17,560 14,410
Equipment expenses 395 417 785 778
Occupancy expense, net 944 599 1,949 1,562
State financial institutions tax 476 396 904 793
Marketing 210 320 384 512
Amortization of intangibles 298 112 534 223
FDIC insurance premiums, net 394 224 898 439
Contracted services 844 666 1,628 1,307
Other real estate owned, net 0 0 0 0
Other non-interest expense 2,938 1,868 5,560 4,139
TOTAL NON-INTEREST EXPENSE 17,825 12,078 33,297 24,603
INCOME BEFORE INCOME TAXES 944 5,715 3,171 10,770
PROVISION FOR INCOME TAXES 19 1,021 331 1,919
NET INCOME $ 925 $ 4,694 $ 2,840 $ 8,851
Dividends declared per common share (usd per share) $ 0.22 $ 0.21 $ 0.44 $ 0.42
Earnings per common share:        
Basic (usd per share) 0.07 0.42 0.21 0.79
Diluted (usd per share) $ 0.07 $ 0.42 $ 0.21 $ 0.79
Weighted average common shares outstanding:        
Basic (in shares) 14,033,264 11,056,308 13,610,854 11,122,371
Diluted (in shares) 14,033,264 11,056,308 13,610,854 11,122,371
Merger-related expenses $ 2,320 $ 415 $ 3,095 $ 440
Fiduciary and Trust        
NON-INTEREST INCOME:        
Revenue from Contract with Customer, Excluding Assessed Tax 2,067 1,787 4,040 3,527
Deposit Account        
NON-INTEREST INCOME:        
Revenue from Contract with Customer, Excluding Assessed Tax $ 1,537 $ 1,445 $ 2,921 $ 2,927