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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating Activities    
Net Income $ 12,095 $ 12,521
Items not requiring (providing) cash    
Depreciation and amortization 2,235 2,196
Provision for credit losses 315
Expense of share-based compensation plan 576 568
Amortization of premiums and discounts on securities 522 897
Amortization of intangible assets 90 69
Amortization of originated mortgage servicing rights 1,242 1,749
Impairment (recovery) of mortgage servicing rights 50 (1,279)
Deferred income taxes 1,878 2,709
Proceeds from sale of loans held for sale 161,183 189,515
Originations of loans held for sale (159,292) (181,192)
Gain from sale of loans (4,038) (4,864)
Net gains on sales of securities (1,453)
Changes in    
Interest receivable (566) (1,171)
Other assets 3,876 (2,014)
Interest payable & other liabilities (4,724) 5,865
Net cash provided by operating activities 13,989 25,569
Investing Activities    
Purchases of available-for-sale securities (723) (50,618)
Proceeds from maturities of interest bearing time deposits 596 512
Proceeds from maturities of available-for-sale securities 22,170 35,878
Net change in loans (38,736) (139,670)
Purchase of premises, equipment (958) (1,896)
Proceeds from bank owned life insurance 398
Purchase of bank owned life insurance (10,500)
Purchase of Federal Reserve and Federal Home Loan Bank Stock (953) (1,023)
Proceeds from sale of foreclosed assets 816 1,646
Net cash used in investing activities (17,390) (165,671)
Financing Activities    
Net decrease in demand deposits, money market, interest checking & savings accounts (81,089) (60,756)
Net increase in time deposits 64,629 34,376
Net decrease in securities sold under agreements to repurchase (1,536) (397)
Proceeds from Federal Home Loan Bank advances 810,500 232,000
Repayment of Federal Home Loan Bank advances (786,900) (177,500)
Stock repurchase plan (3,471) (5,900)
Dividends on common shares (3,584) (3,415)
Net cash provided by (used in) financing activities (1,451) 18,408
Increase in cash and cash equivalents (4,852) (121,694)
Cash and cash equivalents, beginning of year 27,817 149,511
Cash and cash equivalents, end of year 22,965 27,817
Supplemental cash flow information    
Interest paid 17,205 4,700
Supplemental non-cash disclosure    
Transfer of loans to foreclosed assets 507 322
Stock dividends declared and paid $ 6,856