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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 12,285 $ 13,983
Adjustments to reconcile net income to net cash provided by operating activities:    
(Release of) Provision for credit losses (1,450) 600
Depreciation 706 746
Amortization of intangible assets 46 54
Deferred income taxes (577) 283
Net amortization of securities premiums and discounts 457 747
Net realized gain on sales of securities 209  
Earnings and proceeds on life insurance policies (442) (625)
Gain on sales and write-downs of fixed assets and foreclosed real estate owned, net 177 (379)
Net amortization of loan fees 272 (340)
Net gain on sale of loans (10)  
Mortgage loans originated for sale 1,234  
Proceeds from sale of loans originated for sale (1,224)  
Compensation expense related to stock options 191 134
Compensation expense related to restricted stock 224 171
Increase in accrued interest receivable (359) (196)
Increase (decrease) in accrued interest payable 4,448 (65)
Other, net 38 351
Net cash provided by operating activities 16,225 15,464
Securities available for sale:    
Proceeds from sales 3,345  
Proceeds from maturities and principal reductions on mortgage-backed securities 15,223 23,754
Purchases   (109,196)
Purchase of regulatory stock (11,168) (528)
Redemption of regulatory stock 8,662 2,059
Net increase in loans (104,543) (48,651)
Proceeds of bank-owned life insurance   496
Purchase of bank-owned life insurance (2,000) (3,000)
Purchase of premises and equipment (268) (537)
Proceeds from sales of foreclosed real estate owned 195 1,823
Net cash used in investing activities (90,554) (133,780)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 4,270 43,037
Net increase in short-term borrowings 19,075 9,605
Repayments of other borrowings (20,313) (25,586)
Proceeds from other borrowings 80,000  
Stock options exercised 334 91
Purchase of treasury stock (3,077) (1,252)
Cash dividends paid (4,737) (4,594)
Net cash provided by financing activities 75,552 21,301
Increase (decrease) in cash and cash equivalents 1,223 (97,015)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 31,866 206,681
CASH AND CASH EQUIVALENTS, END OF PERIOD 33,089 109,666
Cash payments for:    
Interest on deposits and borrowings 8,764 2,510
Income taxes paid, net of refunds 3,502 4,147
Supplemental Schedule of Noncash Investing Activities:    
Transfers of loans to foreclosed real estate and repossession of other assets 988 161
Dividends payable $ 2,340 $ 2,286