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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities    
Net income $ 18,738 $ 14,383
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 2,026 2,404
Depreciation 1,935 2,633
Stock based compensation 588 370
Gains on sales of other real estate owned, net (79) (132)
Write-downs of other real estate owned, net 41  
Originations of loans held for sale (5,816) (7,456)
Proceeds from sales of loans held for sale 6,162 7,949
Gains from sales of loans held for sale (401) (282)
Gains on disposal of fixed assets (1)  
Net accretion of investment securities discounts and premiums- AFS (142) (66)
Net accretion of investment securities discounts and premiums- HTM (436) (457)
Amortization of intangible assets 247 247
Gains on sales of investment securities - AFS (97)  
Earnings on bank owned life insurance (1,045) (1,000)
Amortization of deferred loan fees, net (160) (137)
Amortization of operating lease right of use asset 220 204
Increase in accrued interest receivable and other assets (7,268) (957)
Deferred tax (benefit)/expense (1,761) 1,776
Amortization of operating lease liability (232) (213)
Decrease in accrued interest payable and other liabilities (3,042) (6,230)
Net cash provided by operating activities 9,477 13,036
Investing activities    
Proceeds from maturities/calls of investment securities - AFS 4,031 6,069
Proceeds from maturities/calls of investment securities - HTM 5,424 42,557
Proceeds from sales of investment securities - AFS 8,965  
Purchases of investment securities - AFS (19,831)  
Purchases of investment securities - HTM (2,352) (1,871)
Purchases of equity securities with readily determinable fair market values (1,020)  
Proceeds from sales of other real estate owned 612 1,834
Proceeds from disposal of fixed assets 1  
Net decrease/(increase) in restricted stock 1,140 (515)
Net increase in loans (17,195) (43,032)
Purchases of premises and equipment (2,223) (1,878)
Net cash (used in)/provided by investing activities (22,448) 3,164
Financing activities    
Net increase/(decrease) in deposits 104,073 (10,582)
Issuance of common stock 226 215
Cash dividends paid on common stock (4,278) (3,951)
Net (decrease)/increase in short-term borrowings (45,202) 4,788
Stock repurchase   (4,031)
Proceeds from long-term borrowings   90,000
Payments of long-term borrowings (25,000) (80,000)
Net cash provided by/(used in) financing activities 29,819 (3,561)
Increase in cash and cash equivalents 16,848 12,639
Cash and cash equivalents at beginning of the year 78,327 49,753
Cash and cash equivalents at end of period 95,175 62,392
Supplemental information    
Interest paid 25,030 22,748
Taxes paid 6,309 3,243
Non-cash investing activities:    
Transfers from loans to other real estate owned   $ 69
Transfers from loans to other repossessed assets $ 241