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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net earnings $ 6,719 $ 6,166
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision (benefit) for credit losses 299 (500)
Amortization of investment security premiums, net 171 978
Accretion of purchase accounting adjustments (439) (9)
Amortization of mortgage servicing rights and other intangibles 933 651
Depreciation 617 563
Increase in cash surrender value of bank owned life insurance [1] (441) (377)
Stock-based compensation 150 164
Deferred income taxes 384 (70)
Net gains on sales of premises and equipment and foreclosed assets (114)
Net gains on sales of loans [1] (1,523) (1,978)
Proceeds from sales of loans 44,686 79,920
Origination of loans held for sale (44,815) (79,862)
Changes in assets and liabilities:    
Accrued interest and other assets 170 767
Accrued expenses, taxes, and other liabilities (1,675) (769)
Net cash provided by operating activities 5,236 5,530
Cash flows from investing activities:    
Net increase in loans (42,786) (8,088)
Net change in interest-bearing deposits at banks 738 (993)
Maturities and prepayments of investment securities 26,110 24,097
Purchases of investment securities (18,172) (159,481)
Redemption of bank stocks 4,008 185
Purchase of bank stocks (7,983) (161)
Proceeds from sales of premises and equipment and foreclosed assets 1,379
Purchases of premises and equipment, net (317) (439)
Net cash used in investing activities (38,402) (143,501)
Cash flows from financing activities:    
Net decrease in deposits (19,689) (17,014)
Federal Home Loan Bank advance borrowings 392,214
Federal Home Loan Bank advance repayments (324,229)
Repayments on other borrowings (666) (1,180)
Change in repurchase agreements (15,443)
Proceeds from exercise of stock options 52
Payment of dividends (2,191) (2,097)
Purchase of treasury stock (538)
Net cash provided by (used in) financing activities 30,048 (20,829)
Net decrease in cash and cash equivalents (3,118) (158,800)
Cash and cash equivalents at beginning of period 23,156 189,213
Cash and cash equivalents at end of period 20,038 30,413
Supplemental disclosure of cash flow information:    
Cash payments for income taxes 20
Cash paid for interest 7,849 845
Cash paid for operating leases 85 97
Supplemental schedule of noncash investing and financing activities:    
Investment securities purchases not yet settled $ 685
[1] Not within the scope of ASC 606.