Quarterly report pursuant to Section 13 or 15(d)

BUSINESS AND BASIS OF PRESENTATION (Restatment Impact of Consolidated Statement of Income) (Details)

v3.23.4
BUSINESS AND BASIS OF PRESENTATION (Restatment Impact of Consolidated Statement of Income) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Loans, including Fees $ 34,891 $ 22,429
Taxable Securities 4,912 2,890
Tax Exempt Securities 12 6
Federal Funds Sold and Interest Bearing Deposits 4,111 409
Total Interest Income 43,926 25,734
Deposits 2,488 224
Short-Term Borrowings 461 192
Subordinated Notes Payable 571 317
Other Long-Term Borrowings 6 9
Total Interest Expense 3,526 742
NET INTEREST INCOME 40,400 24,992
Provision for Credit Losses 3,099 32
Net Interest Income After Provision Forfor Credit Losses 37,301 24,960
Other 1,994 1,733
Total Noninterest Income 17,758 20,812
Compensation 23,524 22,298
Occupancy, Net 6,762 6,093
Other 7,389 8,132
Total Noninterest Expense 37,675 36,523
INCOME BEFORE INCOME TAXES 17,384 9,249
Income Tax Expense 3,710 1,720
NET INCOME 13,674 7,529
Loss (Income) Attributable to Noncontrolling Interests 35 (591)
NET INCOME ATTRIBUTABLE TO COMMON SHAREOWNERS $ 13,709 $ 6,938
BASIC NET INCOME PER SHARE (in dollars per shares) $ 0.81 $ 0.41
DILUTED NET INCOME PER SHARE (in dollars per shares) $ 0.80 $ 0.41
Average Basic Shares Outstanding 17,016,000 16,931,000
Average Diluted Shares Outstanding 17,045,000 16,946,000
Deposit fees [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Revenue, fees and commissions $ 5,239 $ 5,191
Bank card fees [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Revenue, fees and commissions 3,726 3,763
Wealth Management fees [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Revenue, fees and commissions 3,928 6,070
Mortgage banking [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Revenue, fees and commissions 2,871 4,055
Scenario Previously Reported [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Loans, including Fees 34,880 22,133
Taxable Securities 4,912 2,890
Tax Exempt Securities 12 6
Federal Funds Sold and Interest Bearing Deposits 4,111 409
Total Interest Income 43,915 25,438
Deposits 2,488 224
Short-Term Borrowings 461 192
Subordinated Notes Payable 571 317
Other Long-Term Borrowings 6 9
Total Interest Expense 3,526 742
NET INTEREST INCOME 40,389 24,696
Provision for Credit Losses 3,130 0
Net Interest Income After Provision Forfor Credit Losses 37,259 24,696
Other 2,360 1,848
Total Noninterest Income 22,248 25,818
Compensation 25,636 24,856
Occupancy, Net 6,762 6,093
Other 8,057 8,284
Total Noninterest Expense 40,455 39,233
INCOME BEFORE INCOME TAXES 19,052 11,281
Income Tax Expense 4,133 2,235
NET INCOME 14,919 9,046
Loss (Income) Attributable to Noncontrolling Interests 35 (591)
NET INCOME ATTRIBUTABLE TO COMMON SHAREOWNERS $ 14,954 $ 8,455
BASIC NET INCOME PER SHARE (in dollars per shares) $ 0.88 $ 0.50
DILUTED NET INCOME PER SHARE (in dollars per shares) $ 0.88 $ 0.50
Average Basic Shares Outstanding 17,016,000 16,931,000
Average Diluted Shares Outstanding 17,045,000 16,946,000
Scenario Previously Reported [Member] | Deposit fees [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Revenue, fees and commissions $ 5,239 $ 5,191
Scenario Previously Reported [Member] | Bank card fees [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Revenue, fees and commissions 3,726 3,763
Scenario Previously Reported [Member] | Wealth Management fees [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Revenue, fees and commissions 3,928 6,070
Scenario Previously Reported [Member] | Mortgage banking [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Revenue, fees and commissions 6,995 $ 8,946
Restatement Adjustment [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Loans, including Fees 11  
Taxable Securities 0  
Tax Exempt Securities 0  
Federal Funds Sold and Interest Bearing Deposits 0  
Total Interest Income 11  
Deposits 0  
Short-Term Borrowings 0  
Subordinated Notes Payable 0  
Other Long-Term Borrowings 0  
Total Interest Expense 0  
NET INTEREST INCOME 11  
Provision for Credit Losses (31)  
Net Interest Income After Provision Forfor Credit Losses 42  
Other (366)  
Total Noninterest Income (4,490)  
Compensation (2,112)  
Occupancy, Net 0  
Other (668)  
Total Noninterest Expense (2,780)  
INCOME BEFORE INCOME TAXES (1,668)  
Income Tax Expense (423)  
NET INCOME (1,245)  
Loss (Income) Attributable to Noncontrolling Interests 0  
NET INCOME ATTRIBUTABLE TO COMMON SHAREOWNERS $ (1,245)  
BASIC NET INCOME PER SHARE (in dollars per shares) $ (0.07)  
DILUTED NET INCOME PER SHARE (in dollars per shares) $ (0.08)  
Average Basic Shares Outstanding 0  
Average Diluted Shares Outstanding 0  
Restatement Adjustment [Member] | Deposit fees [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Revenue, fees and commissions $ 0  
Restatement Adjustment [Member] | Bank card fees [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Revenue, fees and commissions 0  
Restatement Adjustment [Member] | Wealth Management fees [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Revenue, fees and commissions 0  
Restatement Adjustment [Member] | Mortgage banking [Member]    
Error Corrections And Prior Period Adjustments Restatement [Line Items]    
Revenue, fees and commissions $ (4,124)