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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 10,817 $ 19,293
Adjustments to reconcile net income to net cash provided by operating activities:    
Credit loss expense (benefit) for loans [1] 774 (874)
Credit loss expense for off-balance sheet credit exposures 15 106
Amortization of securities available-for-sale, loans and deposits, net 1,524 2,133
Amortization of intangible assets 502 574
Depreciation 1,250 1,424
Provision for deferred income taxes 766 1,234
Securities gains, net (35) (37)
Increase in cash value of bank-owned life insurance (77) (69)
Gain on sales of loans held for sale (362) (606)
Proceeds from the sales of loans held for sale 18,678 26,905
Originations of loans held for sale (18,286) (26,453)
(Gain) on sale and disposal of bank premises and equipment, net 0 (76)
Amortization of investment in New Markets Tax Credit projects 767 755
Change in assets and liabilities:    
(Increase) in accrued income receivable (1,678) (1,151)
(Increase) in other assets (365) (1,439)
Increase in accrued interest payable 4,044 313
Increase (decrease) in accrued expenses and other liabilities 873 (801)
Net cash provided by operating activities 19,207 21,231
CASH FLOWS FROM INVESTING ACTIVITIES    
Change in interest-bearing time deposits 5,765 2,253
Purchase of securities available-for-sale (6,418) (141,315)
Proceeds from sale of securities available-for-sale 2,069 10,548
Proceeds from maturities and calls of securities available-for-sale 73,917 85,582
Purchase of FHLB stock (18,791) (14,131)
Proceeds from the redemption of FHLB and FRB stock 20,318 12,940
Net (increase) in loans (52,904) (80,528)
Purchase of premises and equipment (4,894) (2,858)
Proceeds from the sale of premises and equipment 0 125
Net cash provided by (used in) investing activities 19,062 (127,384)
CASH FLOWS FROM FINANCING ACTIVITIES    
Increase in deposits (86,126) 19,938
Increase in securities sold under agreements to repurchase 13,318 825
Payments on other borrowings (186,962) (3,300)
Proceeds from other borrowings 269,850 4,000
Net proceeds from (payments on) FHLB short-term borrowings (11,420) 35,420
Dividends paid (9,712) (9,675)
Stock repurchases 0 (2,300)
Net cash provided by (used in) financing activities (11,052) 44,908
Net increase (decrease) in cash and cash equivalents 27,217 (61,245)
CASH AND CASH EQUIVALENTS    
Beginning 27,884 89,129
Ending 55,101 27,884
Cash payments for:    
Interest 25,632 8,560
Income taxes $ 1,813 $ 4,969
[1] The difference in the credit loss expense reported herein as compared to the Consolidated Statements of Income is associated with the credit loss expense of $15 thousand related to off-balance sheet credit exposures.