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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 2,411 $ 23,750
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of premises and equipment 2,372 2,051
Amortization of right-of-use lease asset 805 454
Amortization of deferred loan fees, net 451 493
Amortization of intangible assets 1,665 86
Amortization of low income housing partnerships 376 310
Provision for (credit to) credit losses 15,762 (1,103)
Net unrealized (gain) loss on equity investment securities (155) 17
Net gain on sale of other real estate owned   (18)
Loans originated for sale (2,564) (3,511)
Proceeds from sale of loans originated for sale 2,012 3,499
Net (gain) loss on sale of loans originated for sale (1) 12
Net (accretion) amortization of investment securities (197) 774
Net gain on sale of investment securities available for sale (1) (81)
(Gain) loss on sale of premises and equipment (1) 3
Increase in cash surrender value of life insurance (1,116) (790)
Deferred income tax (benefit) expense (2,558) 983
Stock compensation, including tax effects and expenses 667 628
Net change in:    
Accrued interest receivable 2,203 (1,054)
Other assets 8,788 (3,581)
Accrued interest payable (902) 3,874
Other liabilities 585 (2,489)
Net cash provided by operating activities 30,602 24,307
Cash flows from investing activities:    
Proceeds from sales of investment securities available for sale 240,861 67,363
Proceeds from repayments of investment securities:    
Available for sale 27,013 22,740
Held to maturity 4,918 4,845
Purchases of investment securities:    
Equity Securities (775)  
Net (purchase) redemption of restricted equity securities (4,638) 3,966
Proceeds from sale of equity securities 614  
Net cash received in merger with FNCB Bancorp, Inc. 28,811  
Net increase in loans (24,398) (141,422)
Purchases of premises and equipment (4,926) (5,697)
Proceeds from the sale of premises and equipment 153 14
Proceeds from sale of other real estate owned   139
Net cash provided by (used in) investing activities 267,633 (48,052)
Cash flows from financing activities:    
Net (decrease) increase in deposits (68,174) 318,485
(Repayment of) proceeds from long-term borrowings (10,136) 24,445
Net proceeds (decrease) in short-term borrowings (109,880) (87,910)
Retirement of common stock   (5,836)
Cash dividends paid (11,940) (8,772)
Net cash (used) provided by financing activities (200,130) 240,412
Net increase in cash and cash equivalents 98,104 216,667
Cash and cash equivalents at beginning of period 187,365 37,868
Cash and cash equivalents at end of period 285,469 254,535
Supplemental disclosures:    
Interest 67,116 39,420
Income taxes 1,154 3,072
Noncash items:    
Transfers of fixed assets to other real estate 1,556  
Transfers of loans to other real estate 27  
Origination of mortgage servicing rights 542 3,878
Initial recognition of right-of-use assets (1) 2,819 3,878
Initial recognition of lease liability (1) 3,106  
Removal of right-of-use assets   785
Removal of lease liability   $ 820
Tangible assets acquired 1,729,872  
Goodwill and other intangible assets 51,205  
Liabilities assumed $ 1,676,207