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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 6,790 $ 6,619
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation 868 855
Net premium amortization on investment securities available-for-sale (1,115) 1,613
Net premium amortization on investment securities held-to-maturity (275) 78
Provision for (release of) for credit losses 256 (195)
Write-downs of other real estate owned 19
Origination of loans held-for-sale (18,174) (44,683)
Sale of loans held-for-sale 15,758 47,270
(Gain) loss on sale of other real estate owned (105) 45
Amortization of intangibles 79 79
Accretion on acquired loans (40) (25)
Loss on fair value of equity securities 1 1
Increase in other assets (3,437) (1,422)
Increase (decrease) in other liabilities 89 (1,546)
Net cash provided by operating activities 695 8,708
Cash flows from investing activities:    
Purchase of investment securities available-for-sale (6,025) (81,692)
Purchase of investment securities held-to-maturity (6,843)
Purchase of other investment securities (2,017) (144)
Maturity/call of investment securities available-for-sale 11,081 40,867
Maturity/call of investment securities held-to-maturity 7,547 1,947
Increase in loans (51,267) (52,368)
Proceeds from sale of other real estate owned 112 117
Purchase of property and equipment (711) (300)
Net disposal of property and equipment 24
Net cash used in investing activities (41,280) (98,392)
Cash flows from financing activities:    
Increase in deposit accounts 35,371 107,684
Increase in securities sold under agreements to repurchase 3,360 17,584
Decrease in Fed Funds Purchased (22,000)
Advances from the Federal Home Loan Bank 229,000
Repayment of advances from the Federal Home Loan Bank (184,000)
Shares retired / forfeited (111) (42)
Dividends paid: Common Stock (2,116) (1,956)
Restricted Stock Units Granted 109 1,418
Proceeds from issuance of stock-based compensation, new issuance of common stock. (28) 28
Change in non-vested restricted stock 370 168
Dividend reinvestment plan 212 181
Net cash provided by financing activities 60,167 125,065
Net increase in cash and cash equivalents 19,582 35,381
Cash and cash equivalents at beginning of period 37,401 69,022
Cash and cash equivalents at end of period 56,983 104,403
Supplemental disclosure:    
Interest 7,902 1,028
Income taxes 2,534 1,867
Non-cash investing and financing activities:    
Unrealized gain (loss) on available-for-sale securities, net of tax 252 (16,730)
Amortization of unrealized losses on securities from transfer of available-for-sale securities to held-to-maturity, net of tax 646 106
Recognition of operating lease liability 825
Unrealized loss on securities, held-to-maturity, net of tax (13,092)
Transfer of investment securities available-for-sale to held-to-maturity $ 245,619