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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 13,268,000 $ 16,994,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Net increase in deferred loan fees (5,304,000) (16,000)
Depreciation 668,000 1,410,000
Accretion (994,000) (620,000)
Amortization 3,328,000 3,556,000
Stock-based compensation 362,000 430,000
Provision for credit losses 4,975,000 525,000
Net realized gains on sales of available-for-sale investment securities (4,197,000) (5,196,000)
Net gain on disposal of premises and equipment (6,000) 0
Other than temporary impairment losses on investment securities 0  
Increase in fair value of equity securities (183,000) (253,000)
Increase in bank-owned life insurance, net of expenses (376,000) (545,000)
Gain (Loss) on Bank Owned Life Insurance 462,000 0
Net increase in accrued interest receivable and other assets (1,394,000) (8,720,000)
Net increase in accrued interest payable and other liabilities (1,636,000) 10,500,000
Provision for deferred income taxes (1,227,000) (1,345,000)
Net cash provided by operating activities 6,822,000 16,720,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of available-for-sale investment securities (319,707,000) (286,896,000)
Proceeds from sales or calls of available-for-sale investment securities 147,811,000 280,991,000
Proceeds from maturity and principal repayments of available-for-sale investment securities 25,536,000 17,140,000
Net increase in loans (160,653,000) (23,925,000)
Purchases of premises and equipment (307,000) (730,000)
Purchases of bank-owned life insurance 250,000 1,000,000
FHLB stock redeemed (467,000) (780,000)
Proceeds from bank-owned life insurance 1,550,000 0
Proceeds from sale of premises and equipment 6,000 0
Net cash used in investing activities (305,547,000) (13,640,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in demand, interest bearing and savings deposits 353,622,000 27,003,000
Net (decrease) increase in time deposits (5,693,000) 445,000
Proceeds from short-term borrowings from Federal Home Loan Bank 0 505,500,000
Repayments of short-term borrowings to Federal Home Loan Bank 0 (510,500,000)
Proceeds of borrowings from other financial institutions 0 2,870,000
Repayments of borrowings from other financial institutions 0 (2,870,000)
Purchase and retirement of common stock 11,052,000 10,199,000
Proceeds from stock issued under employee stock purchase plan 162,000 171,000
Proceeds from exercise of stock options 277,000 163,000
Cash dividend payments on common stock (4,155,000) (4,353,000)
Net cash provided by financing activities 333,161,000 8,230,000
Increase in cash and cash equivalents 34,436,000 11,310,000
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 52,574,000 31,727,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD 87,010,000 43,037,000
Cash paid during the period for:    
Interest 1,354,000 1,957,000
Operating cash flows from operating leases 1,678,000 1,643,000
Income taxes 5,120,000 6,580,000
Non-cash investing and financing activities:    
Initial recognition of operating lease right-of-use assets $ 0 $ 10,129,000