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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Net income $ 8,615 $ 7,288
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Amortization of premiums and accretion of discounts on securities, net 1,624 1,624
Depreciation and amortization expense 868 902
Deferred income taxes 179 84
Stock compensation expense 359 289
Increase in cash value of life insurance (169) (165)
Gain on sale of securities (7) 0
Provisions for loan losses 75 1,576
Proceeds from sales of loans 103,441 107,225
Loans originated for sale (97,686) (107,953)
Gain on sale of loans (1,900) (2,031)
Amortization of tax credit investment 266 249
Unrealized (gain) loss on equity securities (360) 126
Net realized and unrealized gain on foreclosed real estate 0 (6)
(Increase) decrease in accrued interest receivable 230 (244)
Decrease in accrued interest payable (52) (42)
Net change in other assets/liabilities 218 229
Net Cash Provided By Operating Activities 15,701 9,151
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities of interest-bearing time deposits 1,795 646
Purchase of interest-bearing time deposits (245) (999)
Purchase of securities available for sale (211,780) (65,534)
Purchase of securities held to maturity (2,000) 0
Proceeds from maturities of securities available for sale 42,003 26,241
Proceeds from sales of securities available for sale 1,798 0
Principal collected on mortgage-backed obligations 27,636 33,588
Net (increase) decrease in loans receivable 14,642 (27,261)
Investment in tax credit entity (100) (1,380)
Proceeds from sale of foreclosed real estate 45 170
Purchase of premises and equipment (176) (400)
Net Cash Used In Investing Activities (126,382) (34,929)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposit 101,833 111,222
Purchase of treasury stock 94 147
Dividends paid (2,646) (2,446)
Net Cash Provided By Financing Activities 99,093 108,629
Net Increase (Decrease) in Cash and Cash Equivalents (11,588) 82,851
Cash and cash equivalents at beginning of period 175,888 51,360
Cash and Cash Equivalents at End of Period $ 164,300 $ 134,211