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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
     Net income $ 13,064 $ 12,551
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 1,071 898
Change in deferred taxes (412) 151
Provision for loan losses 2,750 625
Loans originated for resale (51,496) (5,316)
Proceeds from sales and transfers of loans 47,660 5,507
Net gain on sales of loans (960) (191)
Net gain on sale or call of securities (1,179) 0
Net amortization of premiums on investments 831 506
Net gain on sale of other real estate owned 29 (107)
Equity compensation expense 312 244
Net increase in other assets and accrued interest (17,880) (10,606)
Net increase in other liabilities 11,264 1,599
Net (gain) loss on disposal of premises and equipment (3) 333
Amortization of investment in limited partnership 156 154
Net acquisition amortization 22 22
     Net cash provided by operating activities 5,229 6,370
Cash flows from investing activities    
(Increase) decrease in interest-bearing deposits in other banks (10,597) 11,162
Proceeds from sales of securities available for sale 70,869 0
Proceeds from maturities, payments and calls of securities available for sale 49,294 25,801
Proceeds from maturities, payments, calls and sales of securities to be held to maturity 47,754 6,534
Proceeds from sales of other real estate owned 193 402
Purchases of securities available for sale (66,660) (21,646)
Purchases of securities to be held to maturity (107,842) (53,329)
Redemption of restricted equity securities 0 2,604
Purchase of restricted equity securities (1,563) 0
Net increase in loans (155,621) (11,235)
Capital expenditures (475) (220)
     Net cash used by investing activities (174,648) (39,927)
Cash flows from financing activities    
Net increase (decrease) in demand, savings, and money market accounts 123,001 (59,718)
Net increase (decrease) in certificates of deposit (33,346) 125,589
Net increase in short-term borrowings 48,853 0
Advances on long-term borrowings 44,997 0
Repayment on long-term borrowings 0 (28,459)
Payment to repurchase common stock (154) (94)
Proceeds from sale of common stock 325 329
Dividends paid (6,547) (6,306)
     Net cash provided by financing activities 177,129 31,341
Net increase (decrease) in cash and cash equivalents 7,710 (2,216)
Cash and cash equivalents at beginning of period 14,433 19,134
     Cash and cash equivalents at end of period 22,143 16,918
Interest paid 10,317 13,018
Income taxes paid 2,261 2,090
Non-cash transactions    
Net transfer from loans to other real estate owned $ 794 $ 0