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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income $ 11,953 $ 12,803 $ 11,915
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 1,078 1,583 2,013
Depreciation and amortization expense 1,097 1,028 1,070
Deferred income taxes (551) (698) (118)
Stock compensation expense 202 252 436
Increase in cash value of life insurance (224) (206) (201)
Gain on sale of securities (32) (40) 0
Provision for credit losses 1,449 1,141 950
Proceeds from sales of loans 33,716 32,004 51,689
Loans originated for sale (32,834) (31,590) (49,236)
Gain on sale of loans (554) (421) (833)
Amortization of tax credit investment 2,196 1,990 355
Unrealized loss on equity securities 374 207 414
Net realized and unrealized gain on foreclosed real estate 0 0 (15)
Gain on sale of premises and equipment (7) 0 0
Decrease (increase) in accrued interest receivable 213 (503) (855)
Increase in accrued interest payable 713 1,086 26
Net change in other assets/liabilities 3,556 (4,473) (1,079)
Net Cash Provided By Operating Activities 22,345 14,163 16,531
CASH FLOWS FROM INVESTING ACTIVITIES      
Net decrease (increase) in interest-bearing time deposits 1,225 (243) 1,162
Purchase of securities available for sale (61,734) (37,229) (94,325)
Purchase of securities held to maturity 0 0 (5,000)
Proceeds from maturities of securities available for sale 63,010 37,990 7,916
Proceeds from sales of securities available for sale 19,189 20,641 0
Principal collected on mortgage-backed obligations 28,104 15,816 22,150
Proceeds from sale of equity securities 0 156 0
Net increase in loans receivable (18,239) (58,217) (75,609)
Investment in tax credit entities (1,724) (2,048) 0
Investment in technology fund (115) (250) (100)
Proceeds from sale of foreclosed real estate 0 64 39
Proceeds from redemption of Federal Home Loan Bank stock 0 0 152
Proceeds from sale of premises and equipment 7 0 0
Purchase of premises and equipment (717) (627) (415)
Net Cash Provided By (Used In) Investing Activities 29,006 (23,947) (144,030)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase (decrease) in deposits 41,228 (35,185) 24,834
Advances from FHLB and BTFP 167,751 354,500 0
Repayment of advances from the FHLB and BTFP (189,251) (333,000) 0
Purchase of treasury stock (41) (502) 0
Taxes paid on stock award shares for employees (23) (23) (26)
Dividends paid (3,768) (3,634) (3,520)
Net Cash Provided By (Used In) Financing Activities 15,896 (17,844) 21,288
Net Increase (Decrease) in Cash and Cash Equivalents 67,247 (27,628) (106,211)
Cash and cash equivalents at beginning of year 38,670 66,298 172,509
Cash and Cash Equivalents at End of Year $ 105,917 $ 38,670 $ 66,298