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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest income:        
Loans $ 13,531 $ 8,025 $ 37,530 $ 22,372
Investment securities:        
Taxable 2,445 1,739 7,141 4,147
Tax-exempt 772 780 2,333 2,232
Interest-bearing deposits at banks 46 44 193 232
Total interest income 16,794 10,588 47,197 28,983
Interest expense:        
Deposits 4,384 771 10,375 1,324
Federal Home Loan Bank and other borrowings 1,251 106 2,845 106
Subordinated debentures 417 234 1,168 522
Repurchase agreements 116 26 403 37
Total interest expense 6,168 1,137 14,791 1,989
Net interest income 10,626 9,451 32,406 26,994
Provision for credit losses 500 299
Net interest income after provision for credit losses 10,626 8,951 32,107 26,994
Non-interest income:        
Fees and service charges 2,618 2,511 7,457 7,079
Gains on sales of loans, net [1] 491 1,049 2,014 3,027
Increase in cash surrender value of bank owned life insurance [1] 230 189 671 566
Losses on sales of investment securities, net (353) (353)
Other 313 133 834 569
Total non-interest income 3,652 3,529 10,976 10,888
Non-interest expense:        
Compensation and benefits 5,811 5,051 16,925 14,779
Occupancy and equipment 1,373 1,335 4,136 3,745
Data processing 458 383 1,478 1,085
Amortization of mortgage servicing rights and other intangibles 474 314 1,407 965
Professional fees 624 472 1,722 1,338
Acquisition costs 134 355
Other 1,989 1,769 5,753 5,051
Total non-interest expense 10,729 9,458 31,421 27,318
Earnings before income taxes 3,549 3,022 11,662 10,564
Income tax expense 671 522 2,065 1,898
Net earnings $ 2,878 $ 2,500 $ 9,597 $ 8,666
Earnings per share:        
Earnings Per Share, Basic [2],[3] $ 0.55 $ 0.48 $ 1.84 $ 1.65
Earnings Per Share, Diluted [2],[3] 0.55 0.48 1.84 1.65
Dividends per share [2] $ 0.21 $ 0.20 $ 0.63 $ 0.60
[1]  Not within the scope of ASC 606.
[2] Per share amounts for the periods ended September 30, 2022 have been adjusted to give effect to the 5% stock dividend paid during December 2022.
[3] Share and per share values for the periods ended September 30, 2022 have been adjusted to give effect to the 5% stock dividend paid during December 2022.