XML 22 R9.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities      
Net income $ 18,910 $ 13,889 $ 18,167
Reconciliation of net income to net cash provided by operating activities      
Provision (reversal) for credit losses (563) 1,884 629
Depreciation 2,138 2,086 1,978
Net amortization of AFS securities 967 1,332 1,474
Net gains on sale of AFS securities 0 0 (67)
Net gain on sale of mortgage loans (180) (213) (317)
Increase in cash value of BOLI (1,607) (990) (904)
Share-based payment awards 341 476 782
Deferred income tax expense (benefit) 38 (310) 1,008
Origination of loans HFS (7,870) (8,768) (9,657)
Proceeds from loan sales 7,869 8,739 10,353
Net changes in:      
Other assets 2,865 1,720 (360)
Other liabilities 3,909 (208) 1,096
Net cash provided by (used in) operating activities 26,817 19,637 24,182
Investing activities      
Proceeds from maturities, calls and prepayments of AFS securities 74,208 48,526 75,090
Purchases of AFS securities (67,348) (5,400) (10,866)
Net change in loans HFI (112,351) (76,862) (85,783)
Purchases of premises and equipment (3,479) (2,106) (4,064)
Purchases of BOLI policies (10,225) 0 0
Proceeds from sale of FHLB stock 7,162 0 0
Low income housing tax credit investments (3,849) (2,024) (623)
Net cash provided by (used in) investing activities (115,882) (37,866) (26,246)
Financing activities      
Net increase (decrease) in deposits 72,594 23,365 (20,580)
Net increase (decrease) in short-term borrowings 14,433 6,766 (10,970)
Net increase (decrease) in FHLB advances 15,000 (10,000) 40,000
Cash dividends paid on common stock (8,085) (8,147) (8,216)
Proceeds from issuance of common stock 1,331 1,523 1,617
Common stock repurchased (4,709) (3,076) (3,415)
Common stock purchased for deferred compensation obligations 0 (1,332) (1,624)
Net cash provided by (used in) financing activities 90,564 9,099 (3,188)
Increase (decrease) in cash and cash equivalents 1,499 (9,130) (5,252)
Cash and cash equivalents at beginning of period 24,542 33,672 38,924
Cash and cash equivalents at end of period 26,041 24,542 33,672
Supplemental cash flows information      
Interest paid 33,483 33,982 21,052
Federal income taxes paid 2,200 2,060 2,350
Supplemental noncash information      
Investment in low income housing tax credits 0 1,500 5,000
Transfers of loans to foreclosed assets $ 953 $ 657 $ 378