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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 2,597 $ 3,463
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 424 427
Net premium amortization on investment securities available-for-sale (1,030) (620)
Net premium amortization on investment securities held-to-maturity (156) (134)
Provision for credit losses 129 70
Origination of loans held-for-sale (50,253) (5,213)
Sale of loans held-for-sale 52,967 5,680
Amortization of intangibles 39 39
Accretion on acquired loans (20)
(Gain) loss on fair value of equity securities (21) 2
Increase in other assets (912) (559)
Increase in other liabilities 918 843
Net cash provided by operating activities 4,702 3,978
Cash flows from investing activities:    
Purchase of investment securities available-for-sale (6,025)
Purchase of other investment securities (1,577)
Maturity/call of investment securities available-for-sale 9,236 5,331
Maturity/call of investment securities held-to-maturity 2,096 5,698
Proceeds from sale of other investment securities 1,316
Increase in loans (23,308) (11,829)
Purchase of property and equipment (279) (492)
Net cash used in investing activities (10,939) (8,894)
Cash flows from financing activities:    
Increase in deposit accounts 67,066 34,775
Increase in securities sold under agreements to repurchase 18,970 8,232
Decrease in Fed Funds Borrowed (22,000)
Advances from the Federal Home Loan Bank 124,000
Repayment of advances from the Federal Home Loan Bank (30,000) (89,000)
Shares retired / forfeited (103) (105)
Dividends paid: Common Stock (1,063) (1,057)
Restricted Stock Units Granted 70 72
Cost of issuance of common stock-deferred compensation (104) (28)
Change in non-vested restricted stock 184 191
Dividend reinvestment plan 104 108
Net cash provided by financing activities 55,124 55,188
Net increase in cash and cash equivalents 48,887 50,272
Cash and cash equivalents at beginning of period 94,695 37,401
Cash and cash equivalents at end of period 143,582 87,673
Supplemental disclosure:    
Interest 8,703 3,137
Income taxes (18)
Non-cash investing and financing activities:    
Unrealized gain on available-for-sale securities, net of tax 408 2,593
Amortization of unrealized losses on securities from transfer of available-for-sale securities to held-to-maturity, net of tax 341 320
Recognition of operating lease liability $ 3,602