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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities    
Net income $ 20,410 $ 16,436
Adjustments reconciling net income to net cash provided by operating activities:    
Provision for credit losses 2,850 2,400
Depreciation, amortization, and accretion 5,419 6,122
Equity method investment loss (267) (288)
Stock-based compensation expense 574 1,037
Net change in servicing asset (59) (870)
Loss on sales of securities, available-for-sale 1,039 1,434
Gain on sales of SBA loans (3,996) (6,620)
Loss (gain) on sales of other real estate owned and repossessions 134 (174)
Writedown of bank building 0 197
Loss on sales of premises & equipment 0 36
Originations of loans held for sale (209,977) (210,814)
Proceeds from sales of loans held for sale 234,473 217,632
Change in bank-owned life insurance (1,237) (1,331)
Deferred tax expense 1,041 606
Change in other assets (4,223) 283
Change in other liabilities 2,018 558
Net cash provided by operating activities 48,199 26,644
Investing Activities    
Purchases of investment securities, available-for-sale (30,971) (31,688)
Proceeds from maturities, calls, and paydowns of investment securities, available-for-sale 46,662 51,914
Proceeds from sales of investment securities, available-for-sale 55,550 25,579
Proceeds from maturities, calls and paydowns of securities, held-to-maturity 24,556 10,026
Proceeds from sales of investment securities, held-to-maturity 17,877 0
Change in loans, net (198,429) (4,546)
Purchase of premises and equipment (782) (518)
Proceeds from sales of premises and equipment 0 34
Proceeds from insurance-Branch fire 803 0
Proceeds from sales of other real estate owned and repossessions 540 1,249
Proceeds from bank-owned life insurance 0 700
Purchase of Federal Home Loan Bank Stock (38) (556)
Cash paid - Insurance acquisition (3,500) 0
Net cash provided by (used in) investing activities (87,732) 52,194
Financing Activities    
Change in noninterest-bearing customer deposits (20,141) (59,100)
Change in interest-bearing customer deposits 36,527 39,280
Dividends paid for common stock (6,031) (5,926)
Repayments on Federal Home Loan Bank advances (150,000) (210,000)
Proceeds from Federal Home Loan Bank advances 150,000 220,000
Repayments on other borrowings (75,000) (20,000)
Proceeds from other borrowings 75,000 20,000
Redemption of subordinated debt 0 (500)
Repurchase and retirement of shares (1,589) (765)
Tax withholding related to vesting of restricted stock (301) (296)
Net cash provided by (used in) financing activities 8,465 (17,307)
Net increase (decrease) in cash and cash equivalents (31,068) 61,531
Cash and cash equivalents at beginning of period 231,034 83,322
Cash and cash equivalents at end of period 199,966 144,853
Supplemental Disclosure of Cash Flow Information    
Cash paid during the period for interest 42,980 45,723
Cash paid during the period for income taxes 3,787 4,593
Noncash Investing and Financing Activities    
Transfers to other real estate $ 810 $ 854