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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
OPERATING ACTIVITIES    
Net income $ 9,893 $ 14,364
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]    
Provision for loan losses 1,508 (55)
Depreciation 1,555 1,482
Investment Income, Net, Amortization of Discount and Premium 1,017 1,120
Bank Owned Life Insurance Income, Net of Expense 733 666
Share-based Payment Arrangement, Noncash Expense 403 696
Payments for Origination of Mortgage Loans Held-for-sale (6,168) (6,972)
Proceeds from Sale of Mortgage Loans Held-for-sale 5,802 7,478
Net changes in operating assets and liabilities which provided (used) cash:    
Increase (Decrease) in Other Operating Assets (1,033) 1,481
Accrued interest and other liabilities 270 (151)
Net Cash Provided by (Used in) Operating Activities, Total 12,514 18,777
INVESTING ACTIVITIES    
Sales, Maturities, Prepayments and Calls 31,183 62,894
Purchases of AFS securities 0 (6,166)
Payments for (Proceeds from) Loans and Leases (77,151) (70,614)
Purchases of premises and equipment (1,590) (2,889)
Payments to Acquire Other Investments (1,690) (612)
Net Cash Provided by (Used in) Investing Activities, Total (49,248) (17,387)
FINANCING ACTIVITIES    
Net increase (decrease) in deposits 58,137 25,199
Increase in other borrowed funds 5,633 (5,441)
Increase (Decrease) in Loans from Federal Home Loan Banks (25,000) 65,000
Cash dividends paid on common stock (6,110) (6,162)
Proceeds from issuance of common stock 1,190 1,208
Common stock repurchased (2,419) (2,906)
Common stock purchased for deferred compensation obligations (991) (1,333)
Net cash provided by (used in) financing activities 30,440 75,565
Increase (decrease) in cash and cash equivalents (6,294) 76,955
Cash and cash equivalents at beginning of period 33,672 38,924
Cash and cash equivalents at end of period 27,378 115,879
SUPPLEMENTAL CASH FLOWS INFORMATION:    
Interest Paid, Excluding Capitalized Interest, Operating Activities 25,203 13,442
Income taxes paid 1,800 2,250
SUPPLEMENTAL NONCASH INFORMATION:    
Investment of low income housing tax credits, non cash component 0 5,000
Transfers of loans to foreclosed assets $ 350 $ 341