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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net income $ 10,191 $ 9,722
Reconciliation of net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 238 251
Premium amortization (discount accretion) on investment securities, net (2,107) 327
Recapture of impairment loss on securities previously recognized in earnings (1) (2)
Fair value adjustment (gain) loss on equity security (9) 7
Provision for (recapture of) loan credit losses (321) 18
Recapture of securities credit losses (58) (310)
Gain on sale of mortgage loans (27) (12)
Origination of loans held for sale (1,726) (2,055)
Proceeds from sale of loans 2,068 1,477
Changes in assets and liabilities:    
Net increase in accrued interest receivable and other assets (1,110) (94)
Net decrease in accrued interest payable, accrued expenses and other liabilities (679) (56)
Net cash provided by operating activities 6,459 9,273
Securities available for sale:    
Purchases of securities (354,124) (61,120)
Proceeds from calls, maturities, and paydowns 248,586 27,565
Securities held to maturity:    
Proceeds from calls, maturities and paydowns 11,165 13
Purchase of restricted securities, net (497) (123)
Reinvestment of dividends on equity security (8) (7)
Net decrease (increase) in loans 25,474 (571)
Purchases of premises and equipment (2,509) (99)
Net cash used in investing activities (71,913) (34,342)
Cash flows from financing activities    
Net increase in noninterest-bearing, savings, interest-bearing checking and money market deposits 33,704 195,986
Net decrease in time deposits (1,725) (4,671)
Increase in short-term borrowings 0 5,000
Proceeds from stock issuance 0 12
Net cash provided by financing activities 31,979 196,327
Net increase (decrease) in cash and cash equivalents (33,475) 171,258
Cash and cash equivalents, beginning of period 410,739 316,767
Cash and cash equivalents, end of period 377,264 488,025
Supplemental disclosures of cash flow information    
Cash payments for interest 1,828 1,794
Cash payments for taxes 2,500 543
Supplemental disclosures of noncash investing activities    
Fair value adjustment for available for sale securities $ 2,614 $ 467