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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 25,736 $ 24,920 $ 18,457
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of premises and equipment 3,083 2,333 1,950
Amortization of right-of-use lease asset 398    
Amortization of deferred loan costs (164) 525 907
Amortization of intangibles 730 881 1,034
Amortization of low income housing partnerships 476 465 470
Provision for loan losses 6,100 4,200 4,800
Net unrealized gain on equity investment securities (132) (14)  
Net loss (gain) on sale of other real estate owned 9 (21) (11)
Gain on life insurance proceeds   (368)  
Loans originated for sale (15,901) (13,194) (21,036)
Proceeds from sale of loans originated for sale 15,753 12,650 21,149
Net gain on sale of loans originated for sale (89) (99) (219)
Net amortization of investment securities 1,668 2,206 2,764
Net gain on sale of investment securities available-for-sale (23)    
Net gain on sale of credit card loans held for sale   (291)  
Net gain on sale of merchant services business     (2,278)
Bank owned life insurance income (755) (757) (769)
Deferred income tax expense (benefit) 394 (681) 1,665
Stock based compensation 554 272 177
Net change in:      
Accrued interest receivable 134 (179) (708)
Other assets (3,363) 816 2,023
Accrued interest payable 82 698 35
Other liabilities 2,389 (1,736) (1,817)
Net cash provided by operating activities 37,079 32,626 28,593
Cash flows from investing activities:      
Proceeds from sales of investment securities available-for-sale 9,677    
Proceeds from repayments of investment securities:      
Available-for-sale 57,477 31,093 55,800
Held-to-maturity 697 898 1,222
Purchases of investment securities:      
Available-for-sale (124,501) (32,709) (73,471)
Net (purchase) redemption of restricted equity securities (2,739) 1,100 (1,511)
Proceeds from sale of student loan portfolio   5,103  
Proceeds from sale of credit card loan portfolio   2,698  
Net increase in lending activities (119,998) (141,277) (163,236)
Purchases of premises and equipment (5,603) (4,069) (6,247)
Proceeds from the sale of premises and equipment   404  
Proceeds from bank owned life insurance   672  
Proceeds from the sale of merchant services business     2,300
Proceeds from sale of other real estate owned 269 1,281 580
Net cash used in investing activities (184,721) (134,806) (184,563)
Cash flows from financing activities:      
Net increase in deposits 96,467 156,004 130,261
Proceeds from long-term debt 16,000    
Repayment of long-term debt (21,173) (11,828) (8,400)
Net increase (decrease) in short-term borrowings 65,650 (37,175) 40,975
Retirement of common stock (634)    
Cash dividends paid (10,131) (9,693) (9,319)
Net cash provided by financing activities 146,179 97,308 153,517
Net decrease in cash and cash equivalents (1,463) (4,872) (2,453)
Cash and cash equivalents at beginning of period 32,616 37,488 39,941
Cash and cash equivalents at end of period 31,153 32,616 37,488
Cash paid during the period for:      
Interest 17,786 12,624 8,663
Income taxes 4,550 2,650 5,900
Noncash items:      
Transfers of loans to other real estate 421 $ 1,432 $ 460
Initial recognition of right-of-use assets 6,523    
Initial recognition of lease liability $ 6,523