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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net earnings $ 14,035 $ 9,721
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for credit losses 1,850 800
Valuation allowance on real estate held for sale 1,108
Amortization of investment security (discount) premiums, net (122) (18)
Accretion of purchase accounting adjustments (636) (850)
Amortization of mortgage servicing rights and other intangibles 724 924
Depreciation 955 987
Increase in cash surrender value of bank owned life insurance [1] (833) (747)
Stock-based compensation 279 324
Deferred income taxes (973) (177)
Net losses on sales of investment securities 2
Net (gain) loss on sales of premises and equipment and foreclosed assets (64) 282
Net gains on sales of loans [1] (2,250) (1,864)
Proceeds from sales of loans 75,413 64,500
Origination of loans held for sale (73,649) (65,328)
Changes in assets and liabilities:    
Accrued interest and other assets 2,399 (183)
Accrued expenses, taxes, and other liabilities 1,638 5,849
Net cash provided by operating activities 18,768 15,328
Cash flows from investing activities:    
Net increase in loans (68,072) (52,761)
Net change in interest-bearing deposits at banks 892 555
Maturities and prepayments of investment securities 51,736 54,193
Purchases of investment securities (20,862) (3,800)
Proceeds from sales of available-for-sale investment securities 3,394
Redemption of bank stocks 11,983 11,956
Purchase of bank stocks (13,386) (11,727)
Premiums paid on bank owned life insurance (96)
Proceeds from bank owned life insurance 1,093
Proceeds from sales of premises and equipment and foreclosed assets 370 2,998
Purchases of premises and equipment, net (385) (2,214)
Net cash used in investing activities (33,237) (896)
Cash flows from financing activities:    
Net decrease in deposits (3,266) (40,749)
Federal Home Loan Bank advance borrowings 696,895 595,463
Federal Home Loan Bank advance repayments (658,459) (567,077)
Proceeds from other borrowings 360
Repayments on other borrowings (999) (1,358)
Change in repurchase agreements (12,388) (3,186)
Payment of dividends (3,642) (3,454)
Purchase of treasury stock (321)
Net cash provided by (used in) financing activities 18,141 (20,322)
Net increase (decrease) in cash and cash equivalents 3,672 (5,890)
Cash and cash equivalents at beginning of period 20,275 27,101
Cash and cash equivalents at end of period 23,947 21,211
Supplemental disclosure of cash flow information:    
Cash payments for income taxes 2,960 628
Cash paid for interest 19,373 21,371
Cash paid for operating leases 157 128
Supplemental schedule of noncash investing and financing activities:    
Transfer of loans to repossessed assets $ 1,000
[1] Not within the scope of ASC 606.