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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands | 6 Months Ended
--- | ---
Jun. 30, 2024 | Jun. 30, 2023
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) [Abstract] |  |
Net cash provided by operating activities: | $ 5,108 | $ 8,176
Investing activities: |  |
Proceeds from maturities and paydowns of securities available for sale | 18,531 | 11,328
Purchases of securities available for sale | (19,357) | 0
Proceeds from calls and maturities of securities held to maturity | 47 | 249
Purchase of securities held to maturity | 0 | (586)
Proceeds from maturities of certificates of deposit in financial institutions | 0 | 1,855
Purchases of certificates of deposit in financial institutions | 0 | (245)
Purchase of restricted investments in bank stocks | (79) | (111)
Redemptions of restricted investments in bank stocks | 100 | 1,860
Net change in loans | (68,631) | (65,406)
Purchases of premises and equipment | (1,017) | (1,422)
Withdrawals from bank owned life insurance and annuity asset | 131 | 0
Net cash (used in) investing activities | (70,275) | (52,478)
Financing activities: |  |
Change in deposits | 51,292 | 48,917
Cash dividends | (2,105) | (2,769)
Purchases of treasury stock | (1,931) | 0
Proceeds from Federal Home Loan Bank borrowings | 0 | 10,000
Repayment of Federal Home Loan Bank borrowings | (2,604) | (1,060)
Change in other short-term borrowings | 68 | 19
Net cash provided by financing activities | 44,720 | 55,107
Change in cash and cash equivalents | (20,447) | 10,805
Cash and cash equivalents at beginning of period | 128,126 | 45,990
Cash and cash equivalents at end of period | 107,679 | 56,795
Supplemental disclosure: |  |
Cash paid for interest | 12,202 | 2,859
Cash paid for income taxes | 1,850 | 1,900
Operating lease liability arising from obtaining right-of-use asset | $ 0 | $ 187

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