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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows used in operating activities    
Net income $ 1,268 $ 1,469
Adjustments to reconcile net income to net cash from operating activities    
Provision for (recovery of) loan losses 276 (335)
Depreciation and amortization 489 475
Net change in net deferred loan origination costs (194) 311
Gain on sale of foreclosed assets (6) 0
Foreclosed assets valuation adjustments (8) 0
Earnings on bank-owned life insurance [1] (28) (21)
Net change in:    
Accrued interest receivable (1,242) (754)
Other assets (334) (20)
Accrued interest payable and other liabilities (8,220) (1,296)
Net cash used in operating activities (7,999) (171)
Cash flows used in investing activities    
Proceeds from maturities 1,488 7,440
Proceeds from principal repayments 325 343
Purchases of securities (52,778) (4,712)
Net change in loans receivable (11,227) (25,690)
Loan participation purchased 0 (5,000)
Proceeds from sale of foreclosed assets 45 0
Purchase of premises and equipment, net (402) (498)
Net cash used in investing activities (62,549) (28,117)
Cash flows (used in) from financing activities    
Deposits (26,826) 28,493
Advance payments by borrowers for taxes and insurance (1,924) (2,157)
Repurchase and retirement of common stock (539) (1,488)
Cash dividends paid on common stock (1,323) (1,473)
Net cash (used in) from financing activities (30,612) 23,375
Net change in cash and cash equivalents (101,160) (4,913)
Beginning cash and cash equivalents 502,162 503,496
Ending cash and cash equivalents 401,002 498,583
Supplemental disclosures of cash flow information:    
Interest paid 456 670
Income taxes paid 16 17
Income taxes refunded 3 0
Loans transferred to foreclosed assets $ 274 $ 4,473
[1] Not within the scope of ASC 606