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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net earnings $ 10,347 $ 8,463
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for loan losses 500 1,600
Valuation allowance on real estate owned 48
Amortization of investment security premiums, net 911 628
Amortization of purchase accounting adjustment on loans (23) (28)
Amortization of mortgage servicing rights and other intangibles 849 701
Depreciation 490 497
Increase in cash surrender value of bank owned life insurance [1] (301) (308)
Stock-based compensation 161 162
Deferred income taxes (413) 1,326
Net gains on sales of investment securities (1,108) (1,770)
Net (gains) losses on sales of foreclosed assets (5) 45
Net gains on sales of loans [1] (6,004) (6,017)
Proceeds from sales of loans 198,893 150,341
Origination of loans held for sale (189,500) (157,269)
Changes in assets and liabilities:    
Accrued interest and other assets 1,673 (2,495)
Accrued expenses, taxes, and other liabilities (2,035) 1,656
Net cash provided by (used in) operating activities 14,483 (2,468)
Cash flows from investing activities:    
Net decrease (increase) in loans 28,609 (159,019)
Maturities and prepayments of investment securities 22,223 31,210
Purchases of investment securities (87,822) (12,204)
Proceeds from sales of investment securities 15,224 44,508
Redemption of bank stocks 1,967 895
Purchase of bank stocks (714) (1,132)
Purchase bank owned life insurance (6,000)
Proceeds from sales of premises and equipment and foreclosed assets 346 257
Purchases of premises and equipment, net (134) (220)
Net cash used in investing activities (26,301) (95,705)
Cash flows from financing activities:    
Net increase in deposits 61,736 109,156
Federal Home Loan Bank advance borrowings 135,843
Federal Home Loan Bank advance repayments (130,843)
Proceeds from other borrowings 1,075
Repayments on other borrowings (1,837) (8,431)
Proceeds from exercise of stock options 22 33
Payment of dividends (1,903) (1,818)
Purchase of treasury stock (2,349)
Net cash provided by financing activities 58,018 102,666
Net increase in cash and cash equivalents 46,200 4,493
Cash and cash equivalents at beginning of period 84,818 13,694
Cash and cash equivalents at end of period 131,018 18,187
Supplemental disclosure of cash flow information:    
Cash payments for income taxes 3,958
Cash paid for interest 804 1,974
Cash paid for operating leases 76 89
Supplemental schedule of noncash investing and financing activities:    
Transfer of loans to real estate owned 314
Investment securities purchases not yet settled (659)
Operating lease asset and related lease liability recorded $ 219
[1] Not within the scope of ASC 606.