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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 8,546 $ 10,570
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation 1,317 1,268
Provision for (release of) for credit losses 730 (177)
Origination of loans held-for-sale (36,003) (54,858)
Sale of loans held-for-sale 32,273 60,220
(Gain) loss on sale of other real estate owned (151) 45
Amortization of intangibles 118 118
Accretion on acquired loans (61) (34)
Loss on sale of securities 1,249
Loss on fair value of equity securities 2
Increase in other assets (3,942) (1,065)
Increase (decrease) in other liabilities 1,815 (234)
Net cash provided by operating activities 3,717 17,772
Cash flows from investing activities:    
Purchase of investment securities available-for-sale (6,025) (105,943)
Purchase of investment securities held-to-maturity (11,270)
Maturity/call of investment securities available-for-sale 17,089 54,669
Maturity/call of investment securities held-to-maturity 9,219 6,989
Proceeds from sale of securities available-for-sale 38,662
Increase in loans (110,722) (86,161)
Proceeds from sale of other real estate owned 419 117
Proceeds from sale of fixed assets 301
Purchase of property and equipment (966) (638)
Net disposal of property and equipment 24
Net cash used in investing activities (54,438) (142,056)
Cash flows from financing activities:    
Increase in deposit accounts 106,644 74,965
(Decrease) increase in securities sold under agreements to repurchase (1,570) 19,443
Decrease in Fed Funds Purchased (22,000)
Advances from the Federal Home Loan Bank 269,000
Repayment of advances from the Federal Home Loan Bank (239,000)
Dividends paid: Common Stock (3,175) (2,934)
Proceeds from issuance of stock-based compensation, new issuance of common stock (28) 28
Net cash provided by financing activities 110,776 93,515
Net increase (decrease) in cash and cash equivalents 60,055 (30,769)
Cash and cash equivalents at beginning of period 37,401 69,022
Cash and cash equivalents at end of period 97,456 38,253
Supplemental disclosure:    
Interest 13,469 1,552
Income taxes 3,459 2,748
Non-cash investing and financing activities:    
Unrealized gain (loss) on available-for-sale securities, net of tax (1,652) (23,808)
Amortization of unrealized losses on securities from transfer of available-for-sale securities to held-to-maturity, net of tax $ 981 $ 476