CONSOLIDATED STATEMENT OF INCOME - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2026 |
Sep. 30, 2025 |
Sep. 30, 2026 |
Sep. 30, 2025 |
|
| INTEREST AND DIVIDEND INCOME: | ||||
| Interest and fees on loans | $ 38,430 | $ 36,418 | $ 110,025 | $ 107,201 |
| Interest-bearing deposits with banks | 88 | 119 | 280 | 394 |
| Investment securities: | ||||
| Taxable | 3,298 | 2,595 | 8,632 | 7,331 |
| Nontaxable | 1,022 | 684 | 2,869 | 1,815 |
| Dividends | 576 | 438 | 1,390 | 1,276 |
| TOTAL INTEREST AND DIVIDEND INCOME | 43,414 | 40,254 | 123,196 | 118,017 |
| INTEREST EXPENSE: | ||||
| Deposits | 11,774 | 11,501 | 34,239 | 35,244 |
| Borrowed funds | 4,383 | 3,613 | 9,893 | 10,983 |
| TOTAL INTEREST EXPENSE | 16,157 | 15,114 | 44,132 | 46,227 |
| NET INTEREST INCOME | 27,257 | 25,140 | 79,064 | 71,790 |
| Provision for credit losses | 0 | 500 | 1,000 | 1,875 |
| NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES | 27,257 | 24,640 | 78,064 | 69,915 |
| NON-INTEREST INCOME: | ||||
| Service charges | 1,677 | 1,598 | 4,389 | 4,192 |
| Trust | 191 | 186 | 626 | 593 |
| Brokerage and insurance | 623 | 761 | 1,832 | 2,071 |
| Gains on loans sold | 659 | 709 | 1,545 | 1,720 |
| Equity security gains (losses), net | 258 | 34 | 373 | 56 |
| Earnings on bank owned life insurance | 665 | 363 | 2,022 | 1,064 |
| Other | 235 | 203 | 1,225 | 1,250 |
| TOTAL NON-INTEREST INCOME | 4,308 | 3,854 | 12,012 | 10,946 |
| NON-INTEREST EXPENSES: | ||||
| Salaries and employee benefits | 10,633 | 9,924 | 31,181 | 30,189 |
| Occupancy | 1,241 | 1,320 | 3,942 | 3,858 |
| Furniture and equipment | 288 | 273 | 911 | 856 |
| Professional fees | 531 | 493 | 1,599 | 1,535 |
| FDIC insurance | 420 | 395 | 1,185 | 1,340 |
| Pennsylvania shares tax | 430 | 430 | 1,147 | 1,054 |
| Amortization of intangibles | 92 | 113 | 303 | 367 |
| Software expenses | 536 | 457 | 1,420 | 1,342 |
| Other real estate owned expenses | 422 | 6 | 812 | 198 |
| Other | 2,431 | 2,673 | 7,992 | 7,820 |
| TOTAL NON-INTEREST EXPENSES | 17,024 | 16,084 | 50,492 | 48,559 |
| Income before provision for income taxes | 14,541 | 12,410 | 39,584 | 32,302 |
| Provision for income taxes | 2,620 | 2,405 | 7,100 | 6,213 |
| NET INCOME | $ 11,921 | $ 10,005 | $ 32,484 | $ 26,089 |
| PER COMMON SHARE DATA: | ||||
| Net Income - Basic (in Dollars per share) | $ 2.48 | $ 2.09 | $ 6.77 | $ 5.44 |
| Net Income - Diluted (in Dollars per share) | $ 2.48 | $ 2.09 | $ 6.77 | $ 5.44 |
| Number of shares used in computation - basic (in Shares) | 4,800,757 | 4,796,946 | 4,798,879 | 4,797,335 |
| Number of shares used in computation - diluted (in Shares) | 4,802,407 | 4,798,051 | 4,801,314 | 4,799,466 |
| X | ||||||||||
- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (Core deposits and Non Compete) (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. No definition available.
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- Definition Refers to other real estate owned expenses (recovery). No definition available.
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- Definition Tax imposed by the Commonwealth of Pennsylvania on the book value of capital stock. No definition available.
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- Definition Amount of expense related to estimated loss from loan and lease transactions. No definition available.
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- Definition The Company has contracts with its deposit customers where fees are charged if certain parameters are not met. These agreements can be cancelled at any time by either the Company or the deposit customer. Revenue from these transactions is recognized on a monthly basis as the Company has an unconditional right to the fee consideration. No definition available.
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- Definition Amount of expenses related to software. No definition available.
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- Definition Typical contracts for trust services are based on a fixed percentage of the assets earned ratably over a defined period and billed on a monthly basis. Fees charged to customers' accounts are recognized as revenue over the period during which the Company fulfills its performance obligation under the contract (i.e., holding client asset in a managed fiduciary trust account). No definition available.
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- Definition Earnings on or other increases in the value of the cash surrender value of bank owned life insurance policies. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of operating dividend income on securities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition This element represents equipment expense including depreciation, repairs, rentals, and service contract costs. This item also includes equipment purchases which do not qualify for capitalization in accordance with the entity's accounting policy. This item may also include furniture expenses. No definition available.
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| X | ||||||||||
- Definition Amount of unrealized and realized gain (loss) on investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for Federal Deposit Insurance Corporation (FDIC) insurance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The gains (losses) included in earnings that represent the difference between the sale price and the carrying value of loans made to finance real estate acquisitions. This element refers to the gain (loss) and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Represents the total of interest and dividend income, including any amortization and accretion (as applicable) of discounts and premiums, earned from (1) loans and leases whether held-for-sale or held-in-portfolio; (2) investment securities; (3) federal funds sold; (4) securities purchased under agreements to resell; (5) investments in banker's acceptances, commercial paper, or certificates of deposit; (6) dividend income; or (7) other investments not otherwise specified herein. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- References No definition available.
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| X | ||||||||||
- Definition The aggregate interest and fee income generated by: (1) loans the Entity has positive intent and ability to hold for the foreseeable future, or until maturity or payoff, including commercial and consumer loans, whether domestic or foreign, which may consist of: (a) industrial and agricultural; (b) real estate; and (c) real estate construction loans; (d) trade financing; (e) lease financing; (f) home equity lines-of-credit; (g) automobile and other vehicle loans; and (h) credit card and other revolving-type loans and (2) loans and leases held-for-sale which may include mortgage loans, direct financing, and sales-type leases. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Aggregate amount of interest expense on all borrowings. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Aggregate amount of interest expense on all deposits. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as operating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Interest earned on deposits in United States money market accounts and other United States interest earning accounts. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of interest income or expense, including any amortization and accretion (as applicable) of discounts and premiums, including consideration of the provisions for loan, lease, credit, and other related losses. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of operating interest income, including amortization and accretion of premiums and discounts, on securities exempt from state, federal and other income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of operating interest income, including amortization and accretion of premiums and discounts, on securities subject to state, federal and other income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of fees and commissions from banking, advisory, brokerage, and securities underwriting activities. Activities include, but are not limited to, underwriting securities, private placements of securities, investment advisory and management services, merger and acquisition services, sale and servicing of mutual funds, and other related consulting fees. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total aggregate amount of all noninterest expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The total amount of noninterest income which may be derived from: (1) fees and commissions; (2) premiums earned; (3) insurance policy charges; (4) the sale or disposal of assets; and (5) other sources not otherwise specified. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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| X | ||||||||||
- Definition Amount of revenue earned, classified as other, excluding interest income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of net occupancy expense that may include items, such as depreciation of facilities and equipment, lease expenses, property taxes and property and casualty insurance expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of noninterest expense classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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