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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities    
Net income $ 2,522 $ 2,703
Adjustments to reconcile net income to cash provided by operating activities:    
Provision for (reversal of) credit losses (175) 1,825
Depreciation and other amortization 1,214 1,203
Accretion and amortization of securities discounts and premium, net 131 129
Net change in operating leases 39 53
Compensation expense related to stock options and restricted stock grants 555 483
Gain on sale of loans held for sale (1,014) (530)
Loans originated and held for sale (36,524) (17,892)
Proceeds from sale of loans held for sale 32,890 15,360
Increase in cash surrender value of bank owned life insurance (377) (331)
Increase in other assets (3,690) (508)
Increase (decrease) in other liabilities 1,505 (1,258)
Net cash (used for) provided by operating activities (2,924) 1,237
Investing activities    
Increase in loans, net (41,380) (144,641)
Purchase of property and equipment (280) (180)
Purchase of investment securities:    
Available for sale (5,191)
Other investments (4,302) (18,264)
Payments and maturities, calls and repayments of investment securities:    
Available for sale 13,190 1,252
Other investments 5,742 19,000
Net cash used for investing activities (32,221) (142,833)
Financing activities    
Increase in deposits, net 81,117 292,910
Decrease in Federal Home Loan Bank advances and other borrowings, net (35,000) (50,000)
Proceeds from the exercise of stock options 167 17
Net cash provided by financing activities 46,284 242,927
Net increase in cash and cash equivalents 11,139 101,331
Cash and cash equivalents at beginning of the period 156,170 170,874
Cash and cash equivalents at end of the period 167,309 272,205
Cash paid for    
Interest 27,617 16,801
Schedule of non-cash transactions    
Unrealized gain (loss) on securities, net of income taxes $ (455) $ 1,635