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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
OPERATING ACTIVITIES      
Net income $ 13,024 $ 14,021 $ 13,237
Reconciliation of net income to net cash provided by operating activities:      
Undistributed Earnings Of Equity Method And Other Investments 3,320 (144) 40
Provision for loan losses 30 978 253
Depreciation 2,908 2,940 2,902
Amortization of OMSR 307 218 340
Amortization of acquisition intangibles 72 96 119
Net amortization of AFS securities 1,784 1,873 2,144
Unrealized Gain (Loss) on Securities 0 41 0
Debt Securities, Available-for-sale, Realized Gain (Loss) (6) 0 (142)
Equity Securities, FV-NI, Realized Gain (Loss) 0 (1) 0
Net gain on sale of mortgage loans (650) (525) (647)
Impairments (162) (49) (50)
Increase in cash value of corporate owned life insurance policies (722) (707) (726)
Share-based payment awards under equity compensation plan 523 612 640
Deferred income tax expense (benefit) 408 275 2,836
Origination of loans held for sale (39,937) (29,242) (36,276)
Proceeds from loan sales 40,041 30,969 37,179
Net changes in operating assets and liabilities which provided (used) cash:      
Accrued interest receivable 427 135 (483)
Other assets 1,299 115 799
Accrued interest payable and other liabilities 637 358 (2,497)
Net cash provided by (used in) operating activities 23,303 21,963 19,668
Activity in AFS securities      
Sales 33,840 0 12,827
Maturities, calls, and principal payments 81,543 80,005 97,617
Purchases (39,896) (35,211) (106,510)
Proceeds from Sale of Available-for-sale Securities, Equity 0 3,537 0
Loan principal (originations) collections, net (58,974) (37,958) (81,188)
Proceeds from sales of foreclosed assets 706 450 322
Purchases of premises and equipment (1,335) (2,305) (2,038)
Payments to Acquire Federal Home Loan Bank Stock 0 (1,350) (1,800)
Payments to Acquire Other Investments (404) (651) (932)
Net cash provided by (used in) investing activities 15,480 6,517 (81,702)
FINANCING ACTIVITIES      
Net increase (decrease) in deposits 21,158 27,435 70,218
Net increase (decrease) in borrowed funds (64,300) (4,579) 7,184
Cash dividends paid on common stock (8,282) (8,169) (7,990)
Proceeds from issuance of common stock 4,876 6,864 6,177
Common stock repurchased (4,003) (7,007) (5,181)
Common stock purchased for deferred compensation obligations (1,131) (401) (420)
Net cash provided by (used in) financing activities (51,682) 14,143 69,988
Increase (decrease) in cash and cash equivalents (12,899) 42,623 7,954
Cash and cash equivalents at beginning of period 73,471 30,848 22,894
Cash and cash equivalents at end of period 60,572 73,471 30,848
SUPPLEMENTAL CASH FLOWS INFORMATION:      
Interest paid 17,827 15,485 12,388
Federal income taxes paid 745 50 3,120
SUPPLEMENTAL NONCASH INFORMATION:      
Transfers of loans to foreclosed assets $ 645 $ 467 $ 331