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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Interest income:        
Loans $ 15,022 $ 12,623 $ 29,512 $ 23,999
Investment securities:        
Taxable 2,359 2,379 4,787 4,696
Tax-exempt 759 775 1,523 1,561
Interest-bearing deposits at banks 40 49 103 147
Total interest income 18,180 15,826 35,925 30,403
Interest expense:        
Deposits 5,673 3,452 11,130 5,991
Federal Home Loan Bank and other borrowings 1,027 1,027 2,049 1,594
Subordinated debentures 418 387 830 751
Repurchase agreements 88 127 195 287
Total interest expense 7,206 4,993 14,204 8,623
Net interest income 10,974 10,833 21,721 21,780
Provision for credit losses 250 300 299
Net interest income after provision for credit losses 10,974 10,583 21,421 21,481
Non-interest income:        
Fees and service charges 2,691 2,481 5,152 4,839
Gains on sales of loans, net [1] 648 830 1,160 1,523
Increase in cash surrender value of bank owned life insurance [1] 248 223 493 441
Other 133 295 315 521
Total non-interest income 3,720 3,829 7,120 7,324
Non-interest expense:        
Compensation and benefits 5,504 5,572 11,036 11,114
Occupancy and equipment 1,294 1,394 2,684 2,763
Data processing 492 431 973 1,020
Amortization of mortgage servicing rights and other intangibles 256 472 668 933
Professional fees 649 607 1,296 1,098
Other 2,900 1,873 4,989 3,764
Total non-interest expense 11,095 10,349 21,646 20,692
Earnings before income taxes 3,599 4,063 6,895 8,113
Income tax expense 587 701 1,105 1,394
Net earnings $ 3,012 $ 3,362 $ 5,790 $ 6,719
Earnings per share:        
Basic [2],[3] $ 0.55 $ 0.61 $ 1.06 $ 1.23
Diluted [2],[3] 0.55 0.61 1.06 1.23
Dividends per share [2] $ 0.21 $ 0.20 $ 0.42 $ 0.40
[1] Not within the scope of ASC 606.
[2] Per share amounts for the periods ended June 30, 2023 have been adjusted to give effect to the 5% stock dividend paid during 2023.
[3] Share and per share values for the periods ended June 30, 2023 have been adjusted to give effect to the 5% stock dividend paid during December 2023.