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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 9,723 $ 8,546
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,285 1,317
Net premium amortization on investment securities available-for-sale (2,439) (1,754)
Net premium amortization on investment securities held-to-maturity (469) (422)
Provision for credit losses 567 730
Writedowns of other real estate owned 78
Origination of loans held-for-sale (55,334) (36,003)
Sale of loans held-for-sale 57,476 32,273
Gain on sale of loans held-for-sale (1,644)
Gain on sale of other real estate owned (5) (151)
Amortization of intangibles 118 118
Accretion on acquired loans (61)
Loss on sale of securities 1,249
(Gain) loss on fair value of equity securities (20) 2
Increase in other assets 2,333 (3,942)
Increase in other liabilities 3,012 1,815
Net cash provided by operating activities 14,681 3,717
Cash flows from investing activities:    
Purchase of investment securities available-for-sale (6,025)
Purchase of other investment securities (2,114)
Maturity/call of investment securities available-for-sale 20,109 17,089
Maturity/call of investment securities held-to-maturity 5,426 9,219
Proceeds from sale of other investment securities 1,766
Proceeds from sale of securities available-for-sale 38,662
Increase in loans (62,735) (110,722)
Proceeds from sale of other real estate owned 419
Purchase of property and equipment (800) (966)
Net disposals of property and equipment 5
Net cash used in investing activities (36,229) (54,438)
Cash flows from financing activities:    
Increase in deposit accounts 133,063 106,644
(Increase) decrease in securities sold under agreements to repurchase (4,070) (1,570)
Increase (decrease) in Fed Funds Borrowed 3,656 (22,000)
Advances from the Federal Home Loan Bank 269,000
Repayment of advances from the Federal Home Loan Bank (40,000) (239,000)
Shares retired / forfeited (109) (111)
Dividends paid: Common Stock (3,272) (3,175)
Restricted Stock Units Granted 129 143
Cost of issuance of common stock-deferred compensation (104) (28)
Change in non-vested restricted stock 606 548
Dividend reinvestment plan 312 325
Net cash provided by financing activities 98,351 110,776
Net increase in cash and cash equivalents 76,803 60,055
Cash and cash equivalents at beginning of period 94,695 37,401
Cash and cash equivalents at end of period 171,498 97,456
Supplemental disclosure:    
Interest 23,050 13,469
Income taxes 2,786 3,459
Non-cash investing and financing activities:    
Unrealized gain (loss) on available-for-sale securities, net of tax 3,947 (2,639)
Amortization of unrealized losses on securities from transfer of available-for-sale securities to held-to-maturity, net of tax 1,021 981
Recognition of operating lease liability $ 825