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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 14,293 $ 16,114 $ 10,714
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 5,800 1,150 1,475
Depreciation expense 2,265 2,062 1,797
Net amortization of investment securities, premiums, and discounts 1,493 1,386 1,506
Change in fair value of mortgage servicing rights 903 739 27
Investment securities (gains) losses, net (61) 40 (255)
(Gains) losses on sales and dispositions of premises and equipment (104) 48 3
Gain on sales and dispositions of other real estate (224) (122) (14)
Gain on branch sale, net   (2,183)  
Provision for other real estate owned 5 49 26
Increase in accrued interest receivable (159) (319) (535)
Increase in cash surrender value - life insurance (53) (78) (58)
Decrease in other assets 9 1,158 854
Operating lease liabilities (87) (201)  
(Decrease) increase in accrued interest payable (299) 101 481
Increase (decrease) in other liabilities 1,907 (718) 667
Origination of mortgage loans held for sale (193,488) (43,355) (36,469)
Proceeds from the sale of mortgage loans held for sale 195,926 44,281 36,990
Gain on sale of mortgage loans, net (7,109) (771) (721)
Other, net (866) (290) (186)
Net cash provided by operating activities 20,151 19,091 16,302
Cash flows from investing activities:      
Purchase of certificates of deposit in other banks (980) (988) (8,787)
Proceeds from maturities of certificates of deposit in other banks 2,466 2,373  
Net increase in loans (118,407) (23,530) (79,298)
Purchase of available-for-sale debt securities (100,206) (31,106) (103,078)
Proceeds from maturities of available-for-sale debt securities 52,962 39,467 34,586
Proceeds from calls of available-for-sale debt securities 21,285 16,165 1,685
Proceeds from sales of available-for-sale debt securities 5,845 21,503 77,168
Purchases of FHLB stock (2,018) (6,522) (4,713)
Proceeds from sales of FHLB stock 1,492 6,390 5,591
Purchases of premises and equipment (1,828) (2,168) (2,326)
Proceeds from sales of premises and equipment 178 17 13
Proceeds from Bank owned life insurance policy   222  
Payment for branch sale, net   (6,700)  
Proceeds from sales of other real estate and repossessed assets 516 1,435 585
Net cash (used in) provided by investing activities (138,695) 16,558 (78,574)
Cash flows from financing activities:      
Net increase in demand deposits 121,325 3,999 17,477
Net increase (decrease) in interest-bearing transaction accounts 109,477 3,548 29,572
Net decrease in time deposits (33,717) (8,865) 25,607
Net increase in federal funds purchased and securities sold under agreements to repurchase 17,882 2,625 (2,913)
Repayment of FHLB advances and other borrowings (59,245) (176,708) (220,542)
FHLB advances 69,000 178,474 194,313
Issuance of stock under equity compensation plan     135
Purchase of treasury stock (906)   (179)
Cash dividends paid - common stock (3,030) (2,684) (1,993)
Net cash provided by financing activities 220,786 389 41,477
Net increase (decrease) in cash and cash equivalents 102,242 36,038 (20,795)
Cash and cash equivalents, beginning of year 78,121 42,083 62,878
Cash and cash equivalents, end of year 180,363 78,121 42,083
Cash paid during the year for:      
Interest 10,023 15,150 12,719
Income taxes 2,305 3,620 241
Noncash investing and financing activities:      
Other real estate and repossessed assets acquired in settlement of loans 73 452 1,106
Net deposits and fixed assets transferred to other assets related to the Branson branch sale   (8,885)  
Right of use assets obtained in exchange for new operating lease liabilities 169 2,424  
Stock dividends $ 3,829 $ 5,795 $ 5,014