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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Cash flows from operating activities:          
Net income     $ 11,477 $ 14,397  
Adjustments to reconcile net income to net cash provided by operating activities:          
Provision for (reversal of) credit losses $ 171 $ (1,260) 423 (985)  
Deferred tax expense (benefit)     2,021 (1,285)  
Accretion on acquired loans     (186) (853)  
Gain on sale of loans (287) (68) (287) (480)  
Proceeds from sale of loans     4,749 9,176  
Loans originated for sale     (3,562) (6,882)  
Loss on sale of OREO       21  
Accretion on junior subordinated debentures     40 40  
Gain on repayment of subordinated debt, net     (34)    
Increase in cash surrender value of life insurance policies     (358) (335)  
Amortization/accretion of premiums/discounts on investment securities, net     64 227  
(Gain) loss on equity securities 321 917 (252) 1,813  
Depreciation and amortization     1,009 883  
Core deposit intangible amortization   305 611 674  
Stock based compensation expense     324 432  
Increase (decrease) in deferred loan origination fees, net     66 (92)  
Net change in interest receivable and other assets     (1,120) 1,956  
Increase in salary continuation plan, net     181 115  
Net change in interest payable and other liabilities     (2,415) 967  
Net cash provided by operating activities     12,751 19,789  
Cash flows from investing activities:          
Proceeds from maturities of interest bearing deposits in banks     498 249  
Purchase of investment securities AFS     (26,570) (2,460)  
Proceeds from maturities, repayments and calls of investment securities AFS     7,430 2,943  
Purchase of FHLB stock       (634)  
Purchase of FRB stock     (9) (14)  
Decrease in loans, net     59,454 10,513  
Purchase of equipment and leasehold improvements, net     (1,388) (171)  
Net cash provided by investing activities     39,415 10,426  
Cash flows from financing activities:          
Decrease in noninterest and interest bearing deposits in banks, net     (8,601) (104,187)  
Increase in time deposits, net     50,861 165,774  
Repayment of subordinated debt, net     (315)    
Repurchase of common stock     (8,129) (17,154)  
Dividends paid on common stock     (2,313) (1,264)  
Net cash provided by financing activities     31,503 43,169  
Increase in cash and cash equivalents     83,669 73,384  
Cash and cash equivalents at beginning of period     307,539 176,815 $ 176,815
Cash and cash equivalents at end of period $ 391,208 $ 250,199 391,208 250,199 $ 307,539
Cash paid during the year for:          
Interest expense     18,920 10,576  
Cash paid during the year for:          
Income taxes paid, net     3,893 7  
Recognition of ROU assets     575    
Recognition of lease liability     570    
Non-cash investing and financing activities:          
Change in unrealized gain (loss) on AFS securities, net of tax     990 (4,859)  
Transfer of loans to held-for-sale     1,684    
Cash dividends declared on common stock not yet paid     $ (1,109) $ (1,196)