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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net earnings $ 5,367 $ 3,363
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for loan losses 500 1,200
Amortization of investment security premiums, net 397 366
Amortization of purchase accounting adjustment on loans (8) (5)
Amortization of mortgage servicing rights and other intangibles 437 277
Depreciation 245 250
Increase in cash surrender value of bank owned life insurance [1] (148) (154)
Stock-based compensation 84 85
Deferred income taxes 628 403
Net gains on sales of investment securities (1,075) (1,770)
Net (gain) losses on sales of foreclosed assets (5) 1
Net gains on sales of loans [1] (3,140) (1,193)
Proceeds from sales of loans 100,687 45,830
Origination of loans held for sale (96,648) (45,893)
Changes in assets and liabilities:    
Accrued interest and other assets 75 (968)
Accrued expenses, taxes, and other liabilities (484) 2,948
Net cash provided by operating activities 6,912 4,740
Cash flows from investing activities:    
Net increase in loans (15,519) (23,065)
Maturities and prepayments of investment securities 7,720 18,948
Purchases of investment securities (40,854) (10,909)
Proceeds from sales of investment securities 13,346 44,508
Redemption of bank stocks 1,017 680
Purchase of bank stocks (606) (915)
Proceeds from sales of premises and equipment and foreclosed assets 305 45
Purchases of premises and equipment, net (72) (120)
Net cash (used in) provided by investing activities (34,663) 29,172
Cash flows from financing activities:    
Net increase (decrease) in deposits 55,219 (4,568)
Federal Home Loan Bank advance borrowings 101,768
Federal Home Loan Bank advance repayments (104,768)
Proceeds from other borrowings 1,000
Repayments on other borrowings (2,206) (9,346)
Proceeds from exercise of stock options 22 33
Payment of dividends (951) (920)
Purchase of treasury stock (2,023)
Net cash provided by (used in) financing activities 52,084 (18,824)
Net increase in cash and cash equivalents 24,333 15,088
Cash and cash equivalents at beginning of period 84,818 13,694
Cash and cash equivalents at end of period 109,151 28,782
Supplemental disclosure of cash flow information:    
Cash paid for interest 419 1,258
Cash paid for operating leases 32 44
Supplemental schedule of noncash investing and financing activities:    
Transfer of loans to real estate owned 314
Investment securities purchases not yet settled $ 7,028
[1] Not within the scope of ASC 606.