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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 20,563 $ 16,084
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 1,000 1,375
Depreciation and amortization 914 921
Amortization and accretion of loans, other assets and borrowings (1,661) (1,691)
Amortization and accretion of investment securities (43) 430
Deferred income taxes 258 623
Equity security gains, net (115) (21)
Earnings on bank owned life insurance (1,357) (701)
Vesting of restricted stock 129 243
Originations of loans held for sale (66,528) (73,045)
Proceeds from sales of loans held for sale 66,390 68,109
Realized gains on loans sold (886) (1,011)
Increase in accrued interest receivable (224) (296)
Increase (decrease) in accrued interest payable 228 (1,952)
Other, net (739) 7,861
Net cash provided by operating activities 17,929 16,929
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturity and principal repayments 41,157 33,486
Purchase of securities (88,766) (35,282)
Purchase of interest bearing time deposits with other banks (100) 0
Proceeds from matured interest bearing time deposits with other banks 596 0
Proceeds from life insurance 393 272
Purchase of bank owned life insurance (22,000) 0
Proceeds from redemption of regulatory stock 22,084 16,397
Purchase of regulatory stock (22,958) (17,146)
Net (increase) decrease in loans (39,567) 73,137
Purchase of premises and equipment (412) (1,080)
Proceeds from sale of premises and equipment 0 12
Proceeds from sale of foreclosed assets held for sale 0 170
Net cash (used in) provided by investing activities (109,573) 69,966
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase (decrease) in deposits 17,558 (89,366)
Repayments of long-term borrowings (10,000) (10,000)
Net increase in short-term borrowed funds 94,347 24,760
Purchase of treasury and restricted stock (305) (296)
Issuance of common stock for ESPP 35 32
Dividends paid (4,853) (4,743)
Net cash provided by (used in) financing activities 96,782 (79,613)
Net increase in cash and cash equivalents 5,138 7,282
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 34,291 42,202
CASH AND CASH EQUIVALENTS AT END OF PERIOD 39,429 49,484
Supplemental Disclosures of Cash Flow Information:    
Interest paid 27,747 33,065
Income taxes paid 4,750 2,500
Loans transferred to foreclosed property 0 40
Right of use asset and liability 849 377
Stock Dividend 0 2,844
Investments in Low Income Housing Projects 1,000 0
Participation Receivable, not settled 7,500 0
Participation Payable, not settled $ 10,553 $ 0