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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Interest and dividend income:    
Loans, including fees $ 123,577 $ 107,660
Mortgage-backed securities 564 680
Other investment securities 4,167 3,274
FHLB stock dividends and other interest earning assets 3,133 959
Total interest and dividend income 131,441 112,573
Deposits:    
Demand 5,283 4,335
Savings and club 449 505
Certificates of deposit 6,889 6,160
Total deposits 12,621 11,000
Borrowings 4,875 4,180
Total interest expense 17,496 15,180
Net interest income 113,945 97,393
(Credit) provision for loan losses (3,075) 3,855
Net interest income after (credit) provision for loan losses 117,020 93,538
Non-interest income:    
Fees and service charges 4,816 3,972
BOLI income 2,671 2,952
Gain on sales of loans 129 667
(Loss) gain on sale of impaired loans held in portfolio   (64)
Gain (loss) on sales of other real estate owned   11
Gain on sale of premises   371
Realized and unrealized (loss) gain on equity investments (6,269) 147
Other 248 639
Total non-interest income 1,595 8,695
Non-interest expense:    
Salaries and employee benefits 28,021 26,410
Occupancy and equipment 10,627 11,360
Data processing service fees 6,033 6,024
Professional fees 3,766 1,919
Director fees 1,253 1,043
Regulatory assessments 1,243 1,310
Advertising and promotional 941 554
Other real estate owned, net 10 35
Loss from extinguishment of debt   1,597
Other 3,611 3,723
Total non-interest expense 55,505 53,975
Income before income tax provision 63,110 48,258
Income tax provision 17,531 14,018
Net Income 45,579 34,240
Preferred stock dividends 796 1,160
Net Income available to common stockholders $ 44,783 $ 33,080
Net Income per common share-basic and diluted    
Basic $ 2.64 $ 1.94
Diluted $ 2.58 $ 1.92
Weighted average number of common shares outstanding    
Basic 16,969 17,063
Diluted 17,349 17,239