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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 4,061 $ 3,209
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses [1] 300 932
Depreciation and amortization 546 429
Amortization of right-of-use assets 418 401
Stock-based compensation 381 794
Net gain on sale of loans held-for-sale (2,506) (995)
Net amortization (accretion) of premiums, discounts and loan fees and costs 285 (204)
Amortization of intangible assets 16 19
Amortization of debt issuance costs 13 13
Loan servicing rights valuation adjustments 138 185
Deferred tax expense   441
Increase in accrued interest receivable (464) (670)
Decrease in other assets 356 62
Increase in accrued interest payable 307 549
Increase (decrease) in other liabilities 164 (3,393)
Payments on operating leases (420) (352)
Net cash provided by operating activities 3,595 1,420
Cash flows from investing activities:    
Purchases of securities available-for-sale (211,000)  
(Purchases) redemptions of restricted securities, net (5) 4,163
Principal repayments of securities held to maturity 67 72
Principal repayments of securities available-for-sale 180,011 14
Proceeds from sales of loans 30,504 13,751
Net increase in loans (75,446) (53,713)
Purchases of premises and equipment (308) (1,235)
Net cash used in investing activities (76,177) (36,948)
Cash flows from financing activities:    
Net increase in deposits 12,738 189,760
Proceeds from term FHLB advances   100,725
Repayments of term FHLB advances (5,000) (7,500)
Repayments of Federal Reserve Bank borrowings   (2,521)
Proceeds (repayments) of other short-term borrowings, net 25,000 (192,000)
Payments related to tax withholding for equity awards (145) (145)
Cash dividends paid (737) (734)
Net cash provided by financing activities 31,856 87,585
(Decrease) increase in cash and cash equivalents (40,726) 52,057
Cash and cash equivalents, beginning of period 177,207 152,298
Cash and cash equivalents, end of period 136,481 204,355
Supplemental cash flow information:    
Interest paid 19,190 10,587
Income taxes paid 810 3,688
Supplemental non-cash disclosure:    
Transfers from portfolio loans to loans held-for-sale $ 26,735 $ 12,756
[1] Commencing on October 1, 2023 the allowance calculation is based on the current expected credit loss methodology. Prior to October 1, 2023 the calculation was based on the the incurred loss methodology. Refer to Note 1 for further discussion.