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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operating Activities    
Net Income $ 14,944 $ 11,973
Items not requiring (providing) cash    
Depreciation and amortization 1,937 1,879
Provision for loan losses 4,500 800
Expense of share-based compensation plan 382 417
Amortization of premiums and discounts on securities 643 314
Amortization of intangible assets 46 8
Amortization of originated mortgage servicing rights 4,762 2,126
Impairment of mortgage servicing rights 3,586 1,094
Deferred income taxes (2,444) (279)
Proceeds from sale of loans held for sale 603,178 368,154
Originations of loans held for sale (582,538) (364,472)
Gain from sale of loans (25,803) (9,668)
Loss (gain) on sales of assets (2) 5
Net gains on sales of securities (206)
Changes in    
Interest receivable (693) (284)
Other assets (5,209) (3,680)
Interest payable & other liabilities 6,618 10,648
Net cash provided by operating activities 23,907 18,829
Investing Activities    
Purchases of available-for-sale securities (129,796) (38,455)
Proceeds from maturities of interest bearing time deposits 5,719
Proceeds from maturities of available-for-sale securities 84,021 22,527
Proceeds from sales of available-for-sale securities 7,375
Proceeds from sales of portfolio loans 11,265
Net change in loans (31,706) (65,504)
Purchase of premises, equipment (1,980) (2,043)
Proceeds from sales of premises, equipment 301 24
Purchase of bank owned life insurance (50)
Purchase of Federal Reserve and Federal Home Loan Bank Stock (538) (525)
Proceeds from sale of foreclosed assets 500 372
Acquisition, net of cash acquired 16,263 (2,600)
Net cash used in investing activities (57,216) (67,614)
Financing Activities    
Net increase in demand deposits, money market, interest checking & savings accounts 195,501 21,376
Net increase (decrease) in time deposits (37,762) 16,291
Net increase (decrease) in securities sold under agreements to repurchase 7,244 (2,239)
Repayment of Federal Home Loan Bank advances (8,000)
Net proceeds from share-based compensation plans 188 251
Stock repurchase plan (7,166) (5,050)
Issuance of common shares 139
Conversion of preferred stock (1)
Dividends on common shares (3,070) (2,331)
Dividends on preferred shares (950)
Net cash provided by financing activities 146,935 27,486
Increase (decrease) in cash and cash equivalents 113,626 (21,299)
Cash and cash equivalents, beginning of year 27,064 48,363
Cash and cash equivalents, end of year 140,690 27,064
Supplemental cash flow information    
Interest paid 7,280 9,292
Income taxes paid 5,180 3,084
Fair value of assets acquired - premises and equipment (Peak Title) 1,161
Supplemental non-cash disclosure    
Initial recognition of right-of-use lease assets 248 293
Transfer of loans to loans held for sale 11,114
Transfer of loans to foreclosed assets 207 551
In conjunction with the Edon acquisition, liabilities assumed were:    
Fair value of assets acquired 66,769
Cash paid in acquisition (15,493)
Liabilities assumed $ 51,276