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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Cash Flows from Operating Activities          
Net income     $ 17,244 $ 25,327  
Adjustments to reconcile net income to net cash from operating activities:          
Depreciation     2,587 2,148  
Amortization of premiums on available-for-sale securities, net     1,150 1,632  
Capitalized additions to servicing rights     (2,567) (461)  
Servicing rights amortization and impairment $ 106 $ (50) 429 35  
Amortization of core deposit intangible     1,242 597  
Amortization of customer list intangible     92 92  
Net accretion of fair value adjustments     (2,909) (3,392)  
Amortization of subordinated note issuance costs     87 86  
Stock-based compensation expense     949 640  
Director stock award     180 120  
Provision for credit losses-Loans 460 1,637 1,420 3,845 $ 4,600
Provision for credit losses-Off balance sheet credit exposures (76)   (143)    
Gain on sale of loans held for sale (294) (327) (469) (1,188)  
Originations of loans held for sale     (26,337) (61,285)  
Proceeds from sale of loans held for sale     26,594 68,005  
(Gain) Loss on sale of other assets owned 49   49 (271)  
Loss on sales of securities available-for-sale     891    
Increase in cash surrender value of bank owned life insurance     (618) (493)  
Change in other assets and other liabilities, net     (8,307) (13,468)  
Net cash provided by operating activities     11,564 21,969  
Activity in available-for-sale securities:          
Maturities, prepayments and calls     16,940 25,061  
Sales     21,963    
Purchases       (35,986)  
Activity in other securities, at cost:          
Sales     1,573    
Purchases     (8,769) (65)  
Change in interest-bearing time deposits     1,453 5,726  
Proceeds from sale of other assets owned     216 430  
Additions to premises and equipment     (8,995) (1,706)  
Loan originations and principal collections, net     (170,471) (283,836)  
Net cash used in investing activities     (146,090) (290,376)  
Cash Flows from Financing Activities          
Net change in deposits     106,820 91,432  
Net change in federal funds purchased and securities sold under agreements to repurchase     (23,679) 26,534  
Proceeds from FHLB advances     345,000 100,000  
Repayment of FHLB advances     (206,146) (21,855)  
Repayment of other borrowings     (10,000) (30,000)  
Purchase of treasury stock     (199) (308)  
Cash dividends paid on common stock     (8,497) (7,549)  
Net cash provided by financing activities     203,299 158,254  
Net Increase (Decrease) in Cash and Cash Equivalents     68,773 (110,153)  
Cash and Cash Equivalents - Beginning of year     84,409 180,823 180,823
Cash and Cash Equivalents - End of period $ 153,182 $ 70,670 153,182 70,670 $ 84,409
Supplemental cash flow information:          
Interest paid     37,055 7,765  
Income taxes paid     5,000 5,700  
Supplemental noncash disclosures:          
Cash dividends declared not paid     $ 2,838 $ 2,627