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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 23,246 $ 12,452
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 2,533 3,293
Realized gains on available-for-sale debt securities, net (25) (25)
Net amortization of securities 1,554 1,020
Increase in cash surrender value of life insurance (434) (361)
Depreciation and amortization of bank premises and equipment 1,602 1,429
Net accretion of purchase accounting adjustments (1,827) (1,547)
Stock-based compensation 970 672
Deferred income taxes (989) 649
Decrease in fair value of servicing rights 9 617
Gains on sales of loans, net (2,786) (3,931)
Origination of loans held for sale (86,428) (123,547)
Proceeds from sales of loans held for sale 87,483 126,268
Decrease (increase) in accrued interest receivable and other assets 295 (1,194)
Decrease in accrued interest payable and other liabilities (50) (856)
Other (18) (339)
Net Cash Provided by Operating Activities 25,135 14,600
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net cash and cash equivalents provided by business combination 0 75,955
Purchase of certificates of deposit (3,000) (2,500)
Proceeds from maturities of certificates of deposit 0 250
Proceeds from sales of available-for-sale debt securities 2,027 20,535
Proceeds from calls and maturities of available-for-sale debt securities 48,262 71,009
Purchase of available-for-sale debt securities (145,445) (65,853)
Redemption of Federal Home Loan Bank of Pittsburgh stock 1,934 5,712
Purchase of Federal Home Loan Bank of Pittsburgh stock (1,614) (4,571)
Net decrease (increase) in loans 68,018 (45,564)
Proceeds from bank owned life insurance 287 0
Proceeds from sales of premises and equipment 575 0
Purchase of premises and equipment (1,173) (2,550)
Proceeds from sale of foreclosed assets 303 1,347
Other 176 178
Net Cash (Used in) Provided by Investing Activities (29,650) 53,948
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 120,386 137,543
Net decrease in short-term borrowings (18,082) (79,213)
Proceeds from long-term borrowings - FHLB advances 0 25,891
Repayments of long-term borrowings - FHLB advances (15,571) (5,136)
Proceeds from issuance of senior notes, net of issuance costs 14,663 0
Proceeds from issuance of subordinated debt, net of issuance costs 24,437 0
Redemption of subordinated debt (8,000) 0
Sale of treasury stock 212 124
Purchases of treasury stock (7,412) (163)
Common dividends paid (11,980) (10,568)
Net Cash Provided by Financing Activities 98,653 68,478
INCREASE IN CASH AND CASH EQUIVALENTS 94,138 137,026
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 96,017 31,122
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 190,155 $ 168,148