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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 5,542 $ 3,079
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,500 700
Depreciation 373 281
Amortization of intangible assets 35 23
Deferred income taxes 4 (250)
Net amortization of securities premiums and discounts 360 320
Net realized gain on sales of securities (21) (38)
Earnings and proceeds on life insurance policies (374) (208)
Gain on sales and write-downs of fixed assets and foreclosed real estate owned, net (3) (3)
Net gain on sale of loans (29) (56)
Loans originated for sale (1,083) (1,535)
Proceeds from sale of loans originated for sale 1,112 1,545
Compensation expense related to stock options 54 51
Compensation expense related to restricted stock 84 84
(Increase) decrease in accrued interest receivable (85) 50
(Decrease) increase in accrued interest payable (231) 463
Other, net 301 38
Net cash provided by operating activities 7,539 4,544
Securities available for sale:    
Proceeds from sales 1,127 8,224
Proceeds from maturities and principal reductions on mortgage-backed securities 15,576 15,646
Purchases (69,602) (7,034)
Purchase of regulatory stock (1,229) (1,305)
Redemption of regulatory stock 1,167 2,379
Net increase in loans (10,262) (4,208)
Proceeds from bank-owned life insurance policies 511  
Purchase of premises and equipment (207) (124)
Proceeds from sales of foreclosed real estate owned 124 482
Net cash (used in) provided by investing activities (62,795) 14,060
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 149,803 32,631
Net increase (decrease) in short-term borrowings 9,614 (21,600)
Repayments of other borrowings (3,093) (5,088)
Stock options exercised 71 38
Purchase of treasury stock (194)  
Cash dividends paid (2,139) (1,582)
Net cash provided by financing activities 154,062 4,399
Increase in cash and cash equivalents 98,806 23,003
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 111,693 15,415
CASH AND CASH EQUIVALENTS, END OF PERIOD 210,499 38,418
Cash payments for:    
Interest on deposits and borrowings 1,756 1,740
Income taxes paid, net of refunds 50 53
Supplemental Schedule of Noncash Investing Activities:    
Transfers of loans to foreclosed real estate owned and repossession of other assets 296 99
Dividends payable $ 2,137 $ 1,583