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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,676,000 $ 6,970,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Net increase in deferred loan fees (378,000) (56,000)
Depreciation 381,000 158,000
Accretion (443,000) (515,000)
Amortization 1,302,000 2,306,000
Stock-based compensation 181,000 361,000
Provision for credit losses 575,000 633,000
Net realized losses on sales and calls of available-for-sale investment securities 373,000 219,000
Net change in equity securities 70,000 (105,000)
Increase in bank-owned life insurance, net of expenses (275,000) (249,000)
Net decrease in accrued interest receivable and other assets (2,982,000) (2,509,000)
Net increase in accrued interest payable and other liabilities 670,000 3,030,000
Provision for deferred income taxes 832,000 289,000
Net cash provided by operating activities 3,982,000 10,532,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales or calls 5,700,000 12,066,000
Proceeds from maturity and principal repayments of available-for-sale investment securities 18,731,000 10,355,000
Proceeds from Maturities, Prepayments and Calls of Held-to-maturity Securities 268,000 798,000
Net decrease (increase) in loans 3,702,000 (29,212,000)
Purchases of premises and equipment (441,000) (210,000)
Net cash provided by (used in) investing activities 27,960,000 (6,203,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net decrease in demand, interest bearing and savings deposits (22,424,000) (69,013,000)
Net increase in time deposits 12,062,000 145,110,000
Proceeds from short-term borrowings from Federal Home Loan Bank 331,000,000 3,346,500,000
Repayments of short-term borrowings to Federal Home Loan Bank 344,000,000 3,392,500,000
Proceeds from stock issued under employee stock purchase plan 70,000 76,000
Cash dividend payments on common stock (1,419,000) (1,410,000)
Net cash (used in) provided by financing activities (24,711,000) 28,763,000
Increase in cash and cash equivalents 7,231,000 33,092,000
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 53,728,000 31,170,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD 60,959,000 64,262,000
Cash paid during the period for:    
Interest 5,788,000 2,730,000
Income taxes 0 0
Operating cash flows from operating leases 577,000 589,000
Initial recognition of operating lease right-of-use assets $ 2,459,000 $ 6,652