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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 6,768 $ 9,023  
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sales of loans originated for sale (48) (17)  
Earnings on investment in bank-owned life insurance (477) (442)  
(Gain) loss on sales or calls of securities (69) 193  
Loss (gain) on equity securities 10 (20) $ (18)
Restricted stock compensation expense 534 317  
Depreciation and amortization 766 883  
Provision for credit losses and provision for unfunded commitments 72 373  
Net amortization of investment securities premiums 414 446  
(Increase) decrease in interest receivable (60) 18  
Increase in interest payable 682 72  
Mortgage loans originated for sale (1,820) (8,375)  
Proceeds from sales of loans originated for sale 2,060 8,348  
Decrease in other assets 3,589 606  
Increase in deferred tax asset (222) (972)  
(Decrease) increase in other liabilities (1,381) 4,466  
Net Cash Provided by Operating Activities 10,818 14,919  
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from calls/maturities of investment securities held to maturity 184 205  
Proceeds from calls/maturities of investment securities available for sale 9,225 10,912  
Proceeds from sales of investment securities available for sale 14,336 46,612  
Proceeds from sale of equity securities 0 369  
Redemption of equity securities 0 40  
Purchase of restricted investment in bank stocks (1,200) (923)  
Net (increase) decrease in loans (37,012) 5,867  
Capital expenditures (78) (58)  
Net Cash Provided by (Used in) Investing Activities (14,545) 63,024  
CASH FLOWS FROM FINANCING ACTIVITIES      
Net decrease in noninterest-bearing deposits (749) (694)  
Net decrease in interest-bearing deposits (25,840) (142,459)  
Net decrease in short-term borrowings (39,579) (11,660)  
Proceeds from long-term borrowings 60,000 25,000  
Dividends paid (2,547) (2,384)  
Common stock repurchased (147) (29)  
Common stock issued, net of restricted stock forfeitures and withheld for taxes (234) 188  
Net Cash Used In Financing Activities (9,096) (132,038)  
Net Decrease in Cash and Cash Equivalents (12,823) (54,095)  
CASH AND CASH EQUIVALENTS — BEGINNING 65,958 168,161 168,161
CASH AND CASH EQUIVALENTS — ENDING 53,135 114,066 $ 65,958
Supplemental disclosures of cash flow information:      
Cash paid for interest 5,321 745  
Cash paid for income taxes $ 0 $ 0