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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 6,623,000 $ 5,216,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Net decrease in deferred loan costs 36,000 163,000
Depreciation 240,000 521,000
Accretion (338,000) (200,000)
Amortization 942,000 1,335,000
Stock-based compensation 121,000 143,000
Provision for (reversal of) credit losses 1,375,000 (25,000)
Other than temporary impairment losses on investment securities 0  
Net realized gains on sales of available-for-sale investment securities (4,198,000) (1,052,000)
Net change in equity securities (120,000) (92,000)
Increase in bank-owned life insurance, net of expenses (182,000) (171,000)
Gain (Loss) on Bank Owned Life Insurance 64,000 0
Net decrease (increase) in accrued interest receivable and other assets 644,000 (8,420,000)
Net increase in accrued interest payable and other liabilities 1,464,000 9,702,000
Provision for deferred income taxes (612,000) (218,000)
Net cash provided by operating activities 5,931,000 6,902,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of available-for-sale investment securities (155,742,000) (65,253,000)
Proceeds from sales or calls of available-for-sale investment securities 106,037,000 52,985,000
Proceeds from maturity and principal repayments of available-for-sale investment securities 8,136,000 6,051,000
Net decrease (increase) in loans 13,616,000 (3,239,000)
Purchases of premises and equipment (32,000) (133,000)
Purchases of bank-owned life insurance 0 1,000,000
Net cash used in investing activities (27,454,000) (10,589,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in demand, interest bearing and savings deposits 21,196,000 9,167,000
Net (decrease) increase in time deposits (3,890,000) 1,099,000
Proceeds from short-term borrowings from Federal Home Loan Bank 0 14,000,000
Repayments of short-term borrowings to Federal Home Loan Bank 0 (17,000,000)
Proceeds of borrowings from other financial institutions 0 1,370,000
Repayments of borrowings from other financial institutions 0 (1,370,000)
Purchase and retirement of common stock 11,052,000 1,874,000
Proceeds from stock issued under employee stock purchase plan 58,000 80,000
Proceeds from exercise of stock options 207,000 95,000
Cash dividend payments on common stock (1,408,000) (1,372,000)
Net cash provided by financing activities 5,111,000 4,195,000
(Decrease) increase in cash and cash equivalents (16,412,000) 508,000
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 52,574,000 31,727,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD 36,162,000 32,235,000
Cash paid during the period for:    
Interest 502,000 425,000
Operating cash flows from operating leases 559,000 545,000
Non-cash investing and financing activities:    
Initial recognition of operating lease right-of-use assets 0 10,129,000
Purchases of available-for-sale investment securities, not yet settled 12,718,000 1,816,000
Proceeds from bank-owned life insurance $ 531,000 $ 0