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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 11,296 $ 4,567
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 3,000 2,000
Depreciation 748 562
Amortization of intangible assets 69 44
Deferred income taxes 362 (477)
Net amortization of securities premiums and discounts 749 613
Net realized gain on sales of securities (21) (38)
Earnings and proceeds on life insurance policies (568) (420)
Gain on sales and write-downs of fixed assets and foreclosed real estate owned, net (21) (18)
Net gain on sale of loans (138) (121)
Loans originated for sale (7,316) (3,108)
Proceeds from sale of loans originated for sale 7,454 3,183
Compensation expense related to stock options 107 102
Compensation expense related to restricted stock 167 167
Decrease (increase) in accrued interest receivable 42 (664)
(Decrease) increase in accrued interest payable (139) 394
Other, net (959) (6,234)
Net cash provided by operating activities 14,832 552
Securities available for sale:    
Proceeds from sales 1,127 8,224
Proceeds from maturities and principal reductions on mortgage-backed securities 35,057 26,368
Purchases (145,935) (17,145)
Purchase of regulatory stock (2,188) (2,685)
Redemption of regulatory stock 2,085 3,852
Net decrease (increase) in loans 24,984 (64,286)
Proceeds from bank-owned life insurance policies 511  
Purchase of premises and equipment (374) (374)
Proceeds from sales of bank premises and fixed assets 158  
Proceeds from sales of foreclosed real estate owned 126 609
Net cash (used in) provided by investing activities (84,449) (45,437)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 153,299 128,709
Net increase (decrease) in short-term borrowings 20,296 (7,052)
Repayments of other borrowings (6,200) (15,615)
Proceeds from other borrowings   10,000
Stock options exercised 170 38
Purchase of treasury stock (194) (69)
Cash dividends paid (4,274) (3,165)
Net cash provided by financing activities 163,097 112,846
Increase in cash and cash equivalents 93,480 67,961
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 111,693 15,415
CASH AND CASH EQUIVALENTS, END OF PERIOD 205,173 83,376
Cash payments for:    
Interest on deposits and borrowings 3,128 3,791
Income taxes paid, net of refunds 3,441 93
Supplemental Schedule of Noncash Investing Activities:    
Transfers of loans to foreclosed real estate owned and repossession of other assets 408 161
Dividends payable $ 2,138 $ 1,581