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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 11,143 $ 11,281
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 0 416
Depreciation 1,356 1,299
Amortization 5,506 4,336
Compensation expense on employee and director stock purchases, stock options, and restricted stock units 493 404
Net losses (gains) on sales of available for sale securities 427 (3)
Net change in market value of equity securities 683 (489)
Gains on sales of loans (1,691) (3,917)
Loans originated for sale (53,750) (122,993)
Proceeds from loan sales 53,480 125,714
Earnings on bank-owned life insurance (534) (377)
Proceeds from BOLI policy 130 0
Earnings on death benefit from bank-owned life insurance (14) 0
(Gains)/losses on sales of other real estate owned (41) (4)
Proceeds from sales of other real estate owned 235 270
Deferred federal income tax (benefit)/expense 169 506
Net change in:    
Other assets (768) (992)
Other liabilities 5,480 1,693
Net cash provided by operating activities 22,304 17,144
Cash flows from investing activities:    
Sales of securities available for sale 31,828 0
Maturities, prepayments and calls of securities available for sale 27,404 28,104
Maturities, prepayments and calls of securities held to maturity 3,485 0
Purchases of securities available for sale (32,676) (322,009)
Purchases of securities held to maturity (5,748) 0
Loan originations and payments, net (59,602) 100,799
Additions to premises and equipment (701) (1,461)
Proceeds from (payments for) derivative contracts, net (16,745) 0
Net cash provided by (used in) investing activities (52,755) (194,567)
Cash flows from financing activities:    
Net change in deposits 86,210 206,157
Net change in short term borrowings (43,000) (6,685)
Issuance of common stock 80 66
Repurchase of common stock (682) (2,897)
Cash dividends (3,747) (3,419)
Net cash provided by financing activities 38,861 193,222
Net change in cash and cash equivalents 8,409 15,799
Beginning cash and cash equivalents 31,887 79,519
Ending cash and cash equivalents 40,296 95,318
Supplemental disclosures of cash flow information:    
Cash paid for interest 2,182 1,965
Cash paid for income taxes 0 901
Loans transferred to other real estate owned $ 0 $ 260