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Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Interest income    
Loans, including fees $ 41,931 $ 37,993
Interest and dividends on investments:    
Taxable interest 9,954 7,198
Tax exempt interest 2,060 2,115
Dividend income 21 18
Deposits and obligations of other banks 2,483 249
Total interest income 56,449 47,573
Interest expense    
Deposits 3,816 1,853
Subordinate notes 1,047 1,049
Total interest expense 4,863 2,902
Net interest income 51,586 44,671
Provision for loan losses 650 (2,100)
Net interest income after provision for loan losses 50,936 46,771
Noninterest income    
Investment and trust services fees 7,152 7,111
Loan service charges 724 904
Gain on sale of loans 770 2,430
Deposit service charges and fees 2,527 2,258
Other service charges and fees 1,724 1,650
Debit card income 1,868 2,170
Increase in cash surrender value of life insurance 436 446
Bank owned life insurance gain   295
Net (losses) gains on sales of debt securities (91) 127
Change in fair value of equity securities (69) 90
Gain on sale of bank premises   1,776
Other 209 231
Total noninterest income 15,250 19,488
Noninterest Expense    
Salaries and employee benefits 28,094 24,780
Net occupancy 4,069 3,580
Marketing and advertising 1,915 1,533
Legal and professional 2,202 2,013
Data processing 4,751 4,026
Pennsylvania bank shares tax 1,148 1,017
FDIC Insurance 736 735
ATM/debit card processing 1,428 1,305
Telecommunications 396 407
Nonservice pension 567 819
Other 3,385 3,030
Total noninterest expense 48,691 43,245
Income before federal income taxes 17,495 23,014
Federal income tax expense 2,557 3,398
Net income $ 14,938 $ 19,616
Per share    
Basic earnings per share $ 3.38 $ 4.44
Diluted earnings per share $ 3.36 $ 4.42