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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 17,029 $ 11,513
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 416 3,000
Depreciation 1,949 2,026
Amortization 6,989 3,377
Compensation expense on employee and director stock purchases, stock options, and restricted stock units 596 337
Net gains on sales of securities (3) (1,308)
Net change in market value of equity securities (461) 184
Gains on sales of loans (5,715) (8,356)
Loans originated for sale (162,579) (277,281)
Proceeds from loan sales 171,882 251,554
Earnings on bank-owned life insurance (570) (577)
(Gains)/losses on sales of other real estate owned (4) 7
Proceeds from sales of other real estate owned 407 983
Costs capitalized to other real estate 0 (19)
Deferred federal income tax (benefit)/expense 634 (1,257)
Net change in:    
Other assets (2,805) (4,323)
Other liabilities 1,797 (116)
Net cash provided by (used in) operating activities 29,562 (20,256)
Cash flows from investing activities:    
Sales of securities available for sale 0 121,944
Maturities, prepayments and calls of securities available for sale 39,772 37,587
Purchases of securities available for sale (514,204) (183,109)
Loan originations and payments, net 78,067 (108,485)
Additions to premises and equipment (2,193) (1,552)
Cash received from merger with Community Shores Bank Corporation, net of cash paid 0 35,636
Net cash (used in) investing activities (398,558) (97,979)
Cash flows from financing activities:    
Net change in deposits 337,572 203,937
Proceeds from borrowings 34,291 10,000
Payments on borrowings and subordinated debentures (11,827) (33,028)
Issuance of common stock 104 110
Repurchase of common stock (5,561) 0
Cash dividends (5,322) (4,459)
Net cash provided by financing activities 349,257 176,560
Net change in cash and cash equivalents (19,739) 58,325
Beginning cash and cash equivalents 79,519 59,558
Ending cash and cash equivalents 59,780 117,883
Supplemental disclosures of cash flow information:    
Cash paid for interest 2,885 3,778
Cash paid for income taxes 2,501 3,608
Loans transferred to other real estate owned $ 298 $ 372