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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest income:        
Loans, including fees $ 17,626 $ 15,321 $ 51,287 $ 43,048
Securities:        
Taxable 284 251 837 920
Tax-exempt 379 305 1,125 698
Cash and cash equivalents 17 3 25 63
Total interest income 18,306 15,880 53,274 44,729
Interest expense:        
Deposits 1,327 2,235 4,261 8,064
Borrowings 722 930 2,224 2,687
Total interest expense 2,049 3,165 6,485 10,751
Net interest income 16,257 12,715 46,789 33,978
Provision for loan losses 597 3,956 1,292 7,139
Net interest income after provision for loan losses 15,660 8,759 45,497 26,839
Non-interest income:        
Mortgage banking income 18,726 21,812 62,293 45,395
SBA loan income 2,688 641 5,423 1,821
Earnings on investment in life insurance 93 70 224 210
Net change in the fair value of derivative instruments (339) 3,028 (3,431) 6,346
Net change in the fair value of loans held-for-sale (532) 2,932 (3,164) 4,424
Net change in the fair value of loans held-for-investment 37 93 (24) 174
Net gain (loss) on hedging activity (1,189) (2,637) 2,397 (7,363)
Net gain on sale of investment securities available-for-sale 314 1,290 362 1,345
Other 1,057 852 3,192 1,718
Total non-interest income 22,122 29,060 70,902 56,972
Non-interest expenses:        
Salaries and employee benefits 19,472 20,447 61,824 46,529
Occupancy and equipment 1,133 1,108 3,460 3,159
Professional fees 873 681 2,629 2,118
Advertising and promotion 1,089 781 2,795 1,996
Data processing 530 460 1,666 1,260
Information technology 476 394 1,365 1,100
Pennsylvania bank shares tax 152 254 478 734
Other 1,756 1,709 5,773 4,256
Total non-interest expenses 25,481 25,834 79,990 61,152
Income before income taxes 12,301 11,985 36,409 22,659
Income tax expense 2,863 2,773 8,543 5,218
Net income $ 9,438 $ 9,212 $ 27,866 $ 17,441
Basic earnings per common share $ 1.56 $ 1.51 $ 4.62 $ 2.83
Diluted earnings per common share $ 1.52 $ 1.51 $ 4.49 $ 2.82
Wealth Management Income        
Non-interest income:        
Revenue from contracts with customers $ 1,232 $ 951 $ 3,531 $ 2,825
Service Charges        
Non-interest income:        
Revenue from contracts with customers $ 35 $ 28 $ 99 $ 77