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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 9,330 $ 8,751
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss (gain) on sales of securities 2,883 (45)
Realized gain on securities transaction (66)  
Gain on disposal of fixed assets (3,799) (14)
Stock based compensation expense 487 413
Provision for credit losses on loans 97 250
Depreciation and amortization 534 604
Net amortization on securities premiums and discounts 375 743
Net accretion of premiums/discounts for loans acquired (55) (124)
Increase in cash surrender value of life insurance policies (1,215) (172)
Amortization of core deposit intangible 219 219
Decrease in interest receivable and other assets 1,220 3,185
Decrease in other liabilities (3,833) (3,643)
Deferred income tax benefit (137) (119)
Decrease in value of restricted bank equity securities 311 291
Amortization of debt issuance costs 22 22
Net amortization of partnership investment 608 166
Net cash provided by operating activities 6,981 10,527
Cash flows from investing activities:    
Maturities and calls of securities available for sale 33,713 21,864
Proceeds from sales of securities available for sale 233,187 14,349
Purchase of securities available for sale   (149,172)
Principal pay downs on securities available for sale 16,733 11,128
Loan originations and payments, net (67,096) (422)
Purchases of premises and equipment (369) (413)
Proceeds from sale of premises and equipment 4,518 25
Proceeds from sales of foreclosed assets   19,151
Purchase of bank-owned life insurance (190) (202)
Proceeds from BOLI death benefit   235
Net cash provided by (used in) investing activities 220,496 (83,457)
Cash flows from financing activities:    
Increase in deposits 85,781 102,824
(Decrease) increase in Fed funds purchased (130,000) 25,000
Decrease in short-term Federal Home Loan Bank advances (150,500) (27,200)
Increase (decrease) in customer repurchase agreements 14,730 (15,108)
Cash dividends paid (3,396) (3,495)
Repurchases of common stock (3,450) (2,716)
Net cash (used in) provided by financing activities (186,835) 79,305
Increase in cash and cash equivalents 40,642 6,375
Beginning of period 78,602 77,131
End of period 119,244 83,506
Supplemental disclosure of cash flow information:    
Interest paid $ 13,276 8,511
Supplemental schedule of noncash investing and financing activities:    
Real estate acquired through foreclosure   $ 15,406