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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 11,844 $ 12,184
Adjustments to reconcile net income to net cash provided by operating activities:    
Net accretion of acquisition accounting estimates (307) (414)
Provision for credit losses 2,850 500
Depreciation and amortization 1,793 1,779
Net amortization of securities 330 396
Amortization of debt issuance costs 10  
Stock-based compensation expense 190 92
Deferred income (benefit) tax expense (1,925) 266
(Gains) on sales and calls of securities (347)  
Losses on sales and disposals of premises and equipment 40  
Losses on sales and valuation adjustments on other real estate owned 18 417
Fair value adjustment on equity securities (34) (47)
Bank owned life insurance income (908)  
Net changes in:    
Accrued interest receivable (3,930) (162)
Other assets (511) 1,267
Accrued interest payable (11) (154)
Other liabilities 471 (6,865)
Net cash provided by operating activities 9,573 9,259
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities and principal payments of investment securities available for sale 33,272 19,211
Proceeds from sales and calls of investment securities available for sale 13,019  
Purchases of investment securities available for sale (60,500)  
Proceeds from maturities and principal payments of investment securities held to maturity 205 281
Purchases of securities held to maturity (11,589) (4,000)
Purchases of equity securities (20) (23)
Net change in loans (175,669) (39,817)
Purchases of premises and equipment (1,786) (1,995)
Proceeds from sales of premises and equipment 2  
Proceeds from sales of other real estate owned 18 731
Net redemption of restricted securities 564 1,821
Purchases of bank owned life insurance   (14,586)
Net cash (used in) investing activities (202,484) (38,377)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Noninterest-bearing deposits 108,686 32,091
Interest-bearing deposits 144,186 81,205
Short-term borrowings (207) (43,549)
Long-term borrowings (15,000)  
Proceeds from the issuance of subordinated debt 24,389  
Common stock dividends paid (4,504) (3,834)
Retirement of common stock (3,109) (559)
Repurchase of shares for tax withholding on exercised options and vested restricted stock (39) (88)
Net cash provided by financing activities 254,402 65,266
Net increase in cash and cash equivalents 61,491 36,148
Cash and cash equivalents at beginning of period 94,971 67,225
Cash and cash equivalents at end of period 156,462 103,373
Supplemental cash flows information:    
Interest paid 5,436 7,521
Income taxes paid 6,378 10,812
Lease liabilities arising from right-of-use assets 419 5,243
Unrealized gain on securities available for sale 2,321 (4,083)
Amortization of unrealized loss on securities transferred from available for sale to held to maturity $ 15 $ 22