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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net earnings $ 8,666 $ 14,864
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for loan losses 500
Valuation allowance on real estate owned 48
Amortization of investment security premiums, net 1,272 1,481
Amortization of purchase accounting adjustment on loans (22) (43)
Amortization of mortgage servicing rights and other intangibles 965 1,225
Depreciation 836 742
Increase in cash surrender value of bank owned life insurance (566) (494)
Stock-based compensation 209 237
Deferred income taxes 139 105
Net losses (gains) on sales of investment securities 353 (1,138)
Net gains on sales of premises and equipment and foreclosed assets (114) (24)
Net gains on sales of loans [1] (3,027) (8,664)
Proceeds from sales of loans 124,886 277,635
Origination of loans held for sale (120,509) (263,965)
Changes in assets and liabilities:    
Accrued interest and other assets (828) 906
Accrued expenses, taxes, and other liabilities 2,243 2,560
Net cash provided by operating activities 14,503 25,975
Cash flows from investing activities:    
Net (increase) decrease in loans (48,883) 44,224
Net change in interest-bearing deposits at banks (1,482) (2,185)
Maturities and prepayments of investment securities 40,885 36,949
Purchases of investment securities (201,511) (132,132)
Proceeds from sales of investment securities 11,210 16,623
Redemption of bank stocks 185 2,277
Purchase of bank stocks (3,921) (789)
Purchase bank owned life insurance (6,000)
Proceeds from sales of premises and equipment and foreclosed assets 1,379 488
Purchases of premises and equipment, net (661) (610)
Net cash used in investing activities (202,799) (41,155)
Cash flows from financing activities:    
Net (decrease) increase in deposits (31,344) 50,660
Federal Home Loan Bank advance borrowings 178,139
Federal Home Loan Bank advance repayments (103,239)
Proceeds from other borrowings 10,000
Repayments on other borrowings (1,054) (152)
Proceeds from exercise of stock options 22
Payment of dividends (3,145) (2,854)
Purchase of treasury stock (1,040)
Net cash provided by financing activities 48,317 47,676
Net (decrease) increase in cash and cash equivalents (139,979) 32,496
Cash and cash equivalents at beginning of period 189,213 84,818
Cash and cash equivalents at end of period 49,234 117,314
Supplemental disclosure of cash flow information:    
Cash payments for income taxes 320 4,390
Cash paid for interest 1,866 1,195
Cash paid for operating leases 128 108
Supplemental schedule of noncash investing and financing activities:    
Transfer of loans to real estate owned 1,193
Investment securities purchases not yet settled 1,740 5,528
Operating lease asset and related lease liability recorded $ 219
[1] Not within the scope of ASC 606.