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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net earnings $ 13,890 $ 7,394
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for loan losses 2,600 1,000
Valuation allowance on real estate owned 19 31
Amortization of investment security premiums, net 906 1,285
Amortization of purchase accounting adjustment on loans (42) (27)
Amortization of intangibles 1,166 887
Depreciation 743 761
Increase in cash surrender value of bank owned life insurance [1] (460) (478)
Stock-based compensation 241 200
Deferred income taxes 1,041 (430)
Net (gains) losses on sales of investment securities (2,448) 146
Net loss (gain) on sales of premises, equipment and real estate owned 38 (2)
Net gains on sales of loans [1] (10,961) (4,943)
Proceeds from sales of loans 285,497 146,990
Origination of loans held for sale (286,207) (152,983)
Changes in assets and liabilities:    
Accrued interest and other assets (3,615) 338
Accrued expenses, taxes, and other liabilities 4,005 (1,208)
Net cash provided by (used in) operating activities 6,413 (1,039)
Cash flows from investing activities:    
Net increase in loans (199,351) (32,377)
Maturities and prepayments of investment securities 46,231 54,998
Purchases of investment securities (36,863) (34,751)
Proceeds from sales of investment securities 61,164 9,491
Redemption of bank stocks 1,655 7,498
Purchase of bank stocks (3,005) (5,953)
Proceeds from sales of premises and equipment and foreclosed assets 343 26
Purchases of premises and equipment, net (239) (986)
Net cash used in investing activities (130,065) (2,054)
Cash flows from financing activities:    
Net increase in deposits 122,894 10,106
Federal Home Loan Bank advance borrowings 156,950 325,497
Federal Home Loan Bank advance repayments (139,881) (328,297)
Proceeds from other borrowings 1,075 1,033
Repayments on other borrowings (10,223)
Proceeds from exercise of stock options 33
Payment of dividends (2,721) (2,624)
Purchase of treasury stock (2,349)
Net cash provided by financing activities 125,778 5,715
Net increase in cash and cash equivalents 2,126 2,622
Cash and cash equivalents at beginning of period 13,694 19,114
Cash and cash equivalents at end of period 15,820 21,736
Supplemental disclosure of cash flow information:    
Cash payments for income taxes 2,890 511
Cash paid for interest 2,523 5,156
Cash paid for operating leases 134 116
Supplemental schedule of noncash investing and financing activities:    
Transfer of loans to real estate owned 1,586 482
Operating lease asset and related lease liability recorded $ 353
[1] Not within the scope of ASC 606.