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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) [Abstract]    
Net cash provided by operating activities: $ 14,147 $ 10,236
Investing activities:    
Proceeds from maturities and paydowns of securities available for sale 16,090 22,652
Purchases of securities available for sale 0 (54,103)
Proceeds from calls and maturities of securities held to maturity 262 634
Purchase of securities held to maturity (586) (1,071)
Proceeds from maturities of certificates of deposit in financial institutions 2,100 445
Purchases of certificates of deposit in financial institutions (245) 0
Purchase of restricted investments in bank stocks (969) 0
Redemptions of restricted investments in bank stocks 1,860 1,312
Net change in loans (76,950) (25,695)
Purchases of premises and equipment (1,984) (1,662)
Disposals of premises and equipment 0 420
Proceeds from building grant 0 200
Reimbursement of building grant (100) 0
Purchases of bank owned life insurance and annuity assets (250) (1,462)
Withdrawals from annuity asset 36 0
Net cash (used in) investing activities (60,736) (58,330)
Financing activities:    
Change in deposits 67,885 14,417
Cash dividends (3,820) (3,718)
Purchases of treasury stock (82) 0
Proceeds from Federal Home Loan Bank borrowings 30,000 0
Repayment of Federal Home Loan Bank borrowings (2,212) (1,528)
Change in other short-term borrowings 18 0
Net cash provided by financing activities 91,789 9,171
Change in cash and cash equivalents 45,200 (38,923)
Cash and cash equivalents at beginning of period 45,990 152,034
Cash and cash equivalents at end of period 91,190 113,111
Supplemental disclosure:    
Cash paid for interest 5,762 2,137
Cash paid for income taxes 2,300 1,350
Operating lease liability arising from obtaining right-of-use asset $ 187 $ 108