| Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
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Interest and fees on loans | 49 | 48 | 49 | 62 | 87 | 94 | 103 | 125 | 143 | 140 | 166 | 235 | 383 |
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Interest Income, Securities, Operating, Taxable | 24 | 20 | 17 | 17 | 18 | 18 | 20 | 23 | 23 | 14 | 15 | 29 | 49 |
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Interest on tax-exempt investment securities | 2 | 1 | 2 | 2 | 3 | 3 | 3 | 2 | 3 | 2 | 3 | 4 | 4 |
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Other interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 2 | 3 |
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Total interest income | 75 | 69 | 67 | 80 | 108 | 115 | 127 | 151 | 170 | 157 | 185 | 270 | 439 |
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Interest on deposits | 14 | 9 | 7 | 6 | 6 | 6 | 7 | 14 | 22 | 14 | 10 | 9 | 72 |
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Interest on short-term borrowings | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 5 | 5 | 3 | 1 | 3 | 20 |
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Interest on long-term borrowings | 5 | 4 | 5 | 4 | 4 | 4 | 4 | 3 | 2 | 2 | 2 | 4 | 8 |
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Total interest expense | 21 | 15 | 12 | 11 | 11 | 11 | 13 | 22 | 29 | 18 | 12 | 16 | 100 |
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Net interest income | 54 | 54 | 55 | 70 | 98 | 105 | 113 | 130 | 141 | 139 | 173 | 253 | 339 |
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Provision for (recovery of) credit losses | - | -5 | -4 | 0 | 14 | 4 | 4 | 5 | 3 | 26 | 1 | -4 | 15 |
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Net interest income after provision for (recovery of) credit losses | 46 | 59 | 60 | 69 | 84 | 101 | 110 | 124 | 138 | 113 | 172 | 257 | 324 |
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Electronic banking income | - | - | - | - | - | - | - | 11 | 14 | 14 | 18 | 21 | 25 |
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Trust and investment income | - | - | - | - | - | - | - | 13 | 13 | 14 | 16 | 16 | 17 |
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Deposit Account | - | - | - | - | - | - | - | 10 | 12 | 9 | 10 | 15 | 17 |
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Insurance income | 9 | 10 | 12 | 14 | 14 | 14 | 14 | 15 | 15 | 14 | 15 | 16 | 18 |
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Lease income | - | - | - | - | - | - | - | - | - | - | - | 4 | 6 |
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Bank owned life insurance income | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 4 |
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Mortgage banking income | - | - | - | - | - | - | - | 3 | 4 | 6 | 3 | 1 | 1 |
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Net (loss) gain on asset disposals and other transactions | -1 | -4 | -0 | -0 | -2 | -1 | -0 | -0 | -1 | -0 | 0 | -1 | -3 |
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Net loss on investment securities | - | - | - | - | - | - | - | -0 | 0 | -0 | -1 | -0 | -4 |
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Other non-interest income | - | - | - | - | - | - | - | - | - | - | - | 3 | 6 |
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Total non-interest income | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 3 | 3 | 3 | 4 | 79 | 87 |
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Net interest income | 54 | 54 | 55 | 70 | 98 | 105 | 113 | 130 | 141 | 139 | 173 | 253 | 339 |
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Labor and Related Expense | 34 | 33 | 36 | 47 | 59 | 57 | 60 | 69 | 78 | 76 | 95 | 113 | 144 |
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Occupancy, Net | 6 | 6 | 7 | 8 | 11 | 11 | 11 | 11 | 12 | 13 | 15 | 20 | 21 |
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Data processing and software expense | 2 | 2 | 2 | 2 | 4 | 4 | 4 | 5 | 6 | 7 | 11 | 14 | 22 |
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Professional fees | 4 | 4 | 4 | 6 | 7 | 7 | 7 | 8 | 7 | 7 | 16 | 12 | 17 |
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Electronic banking expense | 3 | 3 | 4 | 5 | 5 | 6 | 6 | 6 | 7 | 8 | 9 | 9 | 7 |
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Amortization of Intangible Assets | - | - | - | 1 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 8 | 11 |
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Amortization of Intangible Assets | - | - | - | 1 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 8 | 11 |
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Electronic banking expense | 3 | 3 | 4 | 5 | 5 | 6 | 6 | 6 | 7 | 8 | 9 | 9 | 7 |
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Marketing expense | - | 3 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 4 | 4 | - |
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Marketing expense | - | - | - | - | - | - | - | - | - | - | - | - | 5 |
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FDIC insurance expense | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 4 | 5 |
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Taxes, Other | 2 | 1 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 3 | 4 |
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Other loan expenses | - | - | - | - | - | - | - | - | - | 2 | 2 | 3 | - |
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Other loan expenses | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | - | - | - | 3 |
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Communication | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 3 |
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Other Noninterest Expense | 7 | 6 | 7 | 9 | 14 | 9 | 9 | 14 | 14 | 10 | 22 | 15 | 25 |
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Total non-interest expense | 61 | 63 | 68 | 85 | 115 | 107 | 108 | 126 | 137 | 134 | 184 | 207 | 266 |
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Income before income taxes | 17 | 30 | 29 | 24 | 15 | 45 | 57 | 55 | 65 | 43 | 57 | 129 | 145 |
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Income tax expense | 5 | 10 | 12 | 7 | 4 | 14 | 19 | 9 | 12 | 8 | 9 | 27 | 32 |
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Net income | 13 | 20 | 18 | 17 | 11 | 31 | 38 | 46 | 54 | 35 | 48 | 101 | 113 |
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Earnings Per Share, Basic | 1.07 | 1.92 | 1.65 | 1.36 | 0.62 | 1.72 | 2.12 | 2.42 | 2.65 | 1.74 | 2.17 | 3.61 | 3.46 |
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Earnings Per Share, Diluted | 1.07 | 1.92 | 1.63 | 1.35 | 0.61 | 1.71 | 2.1 | 2.41 | 2.63 | 1.73 | 2.15 | 3.6 | 3.44 |
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Provision for (recovery of) credit losses | - | -5 | -4 | 0 | 14 | 4 | 4 | 5 | 3 | 26 | 1 | -4 | 15 |
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Net interest income after provision for (recovery of) credit losses | 46 | 59 | 60 | 69 | 84 | 101 | 110 | 124 | 138 | 113 | 172 | 257 | 324 |
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Electronic banking income | - | - | - | - | - | - | - | 11 | 14 | 14 | 18 | 21 | 25 |
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Trust and investment income | - | - | - | - | - | - | - | 13 | 13 | 14 | 16 | 16 | 17 |
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Deposit Account | - | - | - | - | - | - | - | 10 | 12 | 9 | 10 | 15 | 17 |
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Insurance income | 9 | 10 | 12 | 14 | 14 | 14 | 14 | 15 | 15 | 14 | 15 | 16 | 18 |
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Lease income | - | - | - | - | - | - | - | - | - | - | - | 4 | 6 |
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Bank owned life insurance income | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 4 |
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Mortgage banking income | - | - | - | - | - | - | - | 3 | 4 | 6 | 3 | 1 | 1 |
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Net (loss) gain on asset disposals and other transactions | -1 | -4 | -0 | -0 | -2 | -1 | -0 | -0 | -1 | -0 | 0 | -1 | -3 |
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Net loss on investment securities | - | - | - | - | - | - | - | -0 | 0 | -0 | -1 | -0 | -4 |
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Other non-interest income | - | - | - | - | - | - | - | - | - | - | - | 3 | 6 |
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Total non-interest income | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 3 | 3 | 3 | 4 | 79 | 87 |
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Labor and Related Expense | 34 | 33 | 36 | 47 | 59 | 57 | 60 | 69 | 78 | 76 | 95 | 113 | 144 |
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Occupancy, Net | 6 | 6 | 7 | 8 | 11 | 11 | 11 | 11 | 12 | 13 | 15 | 20 | 21 |
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Data processing and software expense | 2 | 2 | 2 | 2 | 4 | 4 | 4 | 5 | 6 | 7 | 11 | 14 | 22 |
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Professional fees | 4 | 4 | 4 | 6 | 7 | 7 | 7 | 8 | 7 | 7 | 16 | 12 | 17 |
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Electronic banking expense | 3 | 3 | 4 | 5 | 5 | 6 | 6 | 6 | 7 | 8 | 9 | 9 | 7 |
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Amortization of Intangible Assets | - | - | - | 1 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 8 | 11 |
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Amortization of Intangible Assets | - | - | - | 1 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 8 | 11 |
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Electronic banking expense | 3 | 3 | 4 | 5 | 5 | 6 | 6 | 6 | 7 | 8 | 9 | 9 | 7 |
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Marketing expense | - | 3 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 4 | 4 | - |
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Marketing expense | - | - | - | - | - | - | - | - | - | - | - | - | 5 |
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FDIC insurance expense | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 4 | 5 |
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Taxes, Other | 2 | 1 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 3 | 4 |
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Other loan expenses | - | - | - | - | - | - | - | - | - | 2 | 2 | 3 | - |
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Other loan expenses | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | - | - | - | 3 |
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Communication | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 3 |
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Other Noninterest Expense | 7 | 6 | 7 | 9 | 14 | 9 | 9 | 14 | 14 | 10 | 22 | 15 | 25 |
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Total non-interest expense | 61 | 63 | 68 | 85 | 115 | 107 | 108 | 126 | 137 | 134 | 184 | 207 | 266 |
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Income before income taxes | 17 | 30 | 29 | 24 | 15 | 45 | 57 | 55 | 65 | 43 | 57 | 129 | 145 |
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Income tax expense | 5 | 10 | 12 | 7 | 4 | 14 | 19 | 9 | 12 | 8 | 9 | 27 | 32 |
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Net income | 13 | 20 | 18 | 17 | 11 | 31 | 38 | 46 | 54 | 35 | 48 | 101 | 113 |
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Earnings Per Share, Basic | 1.07 | 1.92 | 1.65 | 1.36 | 0.62 | 1.72 | 2.12 | 2.42 | 2.65 | 1.74 | 2.17 | 3.61 | 3.46 |
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Earnings Per Share, Diluted | 1.07 | 1.92 | 1.63 | 1.35 | 0.61 | 1.71 | 2.1 | 2.41 | 2.63 | 1.73 | 2.15 | 3.6 | 3.44 |
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Income before income taxes | 17 | 30 | 29 | 24 | 15 | 45 | 57 | 55 | 65 | 43 | 57 | 129 | 145 |
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Income tax expense | 5 | 10 | 12 | 7 | 4 | 14 | 19 | 9 | 12 | 8 | 9 | 27 | 32 |
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Net income | 13 | 20 | 18 | 17 | 11 | 31 | 38 | 46 | 54 | 35 | 48 | 101 | 113 |
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Earnings Per Share, Basic | 1.07 | 1.92 | 1.65 | 1.36 | 0.62 | 1.72 | 2.12 | 2.42 | 2.65 | 1.74 | 2.17 | 3.61 | 3.46 |
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Earnings Per Share, Diluted | 1.07 | 1.92 | 1.63 | 1.35 | 0.61 | 1.71 | 2.1 | 2.41 | 2.63 | 1.73 | 2.15 | 3.6 | 3.44 |
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