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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 2,840 $ 8,851
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation, amortization, and accretion 386 1,543
Provision for (recovery of) credit losses 653 (27)
Deferred income tax provision (benefit) 44 (710)
Increase in cash surrender value of bank-owned life insurance (659) (548)
Realized and unrealized losses from equity securities, net 24 45
Debt Securities, Available-for-Sale, Realized Gain (Loss) 214 0
Realized (gains) losses from sales of premises and equipment 0 (426)
Origination of mortgage loans for sale (64,832) (505)
Realized gains from sales of mortgage loans (1,414) (9)
Gain (Loss) on Sale of Loans and Leases (842) 0
Proceeds from Sale, Loan, Other, Held-for-Sale 47,718 0
Proceeds from Sale, Loan, Mortgage, Held-for-Sale 62,346 508
Compensation expense related to restricted stock 407 398
Changes in:    
Accrued interest receivable (777) (329)
Other assets (4,602) 239
Other liabilities (1,291) (2,020)
TOTAL ADJUSTMENTS 39,059 (1,841)
NET CASH FLOWS PROVIDED BY OPERATING ACTIVITIES 41,899 7,010
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of equity securities 0 963
Proceeds from sales of debt securities, available-for-sale 9,615 0
Available-for-sale 9,336 11,531
Held-to-maturity 570 1,035
Purchases of equity securities (18) (14)
Available-for-sale (4,861) (497)
Payments to Acquire Held-to-Maturity Securities (2,558) (280)
Payments to Acquire Federal Reserve Bank Stock (1,248) (3,414)
Proceeds from redemption of Federal Reserve Bank stock 0 1,369
Payments to Acquire Federal Home Loan Bank Stock (1,293) 0
Proceeds from Sale of Federal Home Loan Bank Stock 93 0
Net (increase) decrease in loans 27,503 (37,541)
Purchases of premises and equipment (2,001) (1,110)
Proceeds from sale of premises and equipment 0 513
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES 34,113 (27,445)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net decrease in deposits (13,764) (8,261)
Net increase (decrease) in short-term borrowings (110,395) 40,834
Proceeds from Issuance of Other Long-Term Debt 50,000 0
Principal payments on long-term debt (990) (950)
Proceeds from issuance of common stock 260 204
Repurchase of common stock 0 (3,326)
Cash dividends paid on common stock (5,974) (4,747)
NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES (80,863) 23,754
NET CHANGE IN CASH AND CASH EQUIVALENTS (4,851) 3,319
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 39,723 22,701
CASH AND CASH EQUIVALENTS AT END OF PERIOD 34,872 26,020
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 21,481 7,899
Income Taxes Paid, Net 0 1,401
Loan and Lease, Transfer from Held-in-Portfolio to Held-for-Sale 65,288 0
Right-of-use assets obtained in exchange for new operating lease liabilities 62 0
Payments to Acquire Businesses, Net of Cash Acquired $ 1,025 $ 0