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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities    
Net Income $ 10,056 $ 7,835
Items not requiring (providing) cash    
Depreciation and amortization 1,636 1,610
Provision for credit losses 1,108 200
Expense of share-based compensation plan 462 533
Amortization of premiums and discounts on securities 321 376
Amortization of intangible assets 178 50
Amortization of originated mortgage servicing rights 1,218 978
Recovery of mortgage servicing rights 131 246
Proceeds from sale of loans held for sale 180,000 153,730
Originations of loans held for sale (175,946) (158,303)
Gain from sale of loans (3,848) (3,504)
Loss (gain) on sales of assets (200)
Changes in    
Interest receivable (547) (185)
Other assets 4,582 (108)
Interest payable & other liabilities (3,582) 237
Net cash provided by operating activities 15,769 3,495
Investing Activities    
Purchases of available-for-sale securities (100)
Purchases of interest bearing time deposits (950)
Proceeds from maturities of interest bearing time deposits 490 (171)
Proceeds from maturities of available-for-sale securities 16,813 14,099
Proceeds from sales of available-for-sale securities 30,121
Net change in loans (45,570) (29,811)
Purchase of premises, equipment (1,904) (947)
Purchase of bank owned life insurance (800) (800)
Purchase of Federal Reserve and Federal Home Loan Bank Stock (126) (432)
Proceeds from sale of Federal Home Loan Bank Stock 2,488
Proceeds from sale of foreclosed assets 57 711
Acquisition, net of cash acquired (paid) (3,014)
Net cash used in investing activities (4,983) (14,863)
Financing Activities    
Net increase in demand deposits, money market, interest checking & savings accounts 46,733 79,769
Net increase in time deposits 10,096 9,559
Net increase in securities sold under agreements to repurchase 391 1,853
Proceeds from Federal Home Loan Bank advances 133,000
Repayment of Federal Home Loan Bank advances (1,000) (181,600)
Stock repurchase plan (5,037) (2,024)
Cash dividends on common shares (2,872) (2,806)
Net cash provided by financing activities 48,311 37,751
Increase in cash and cash equivalents 59,097 26,383
Cash and cash equivalents, beginning of period 25,928 22,965
Cash and cash equivalents, end of period 85,025 49,348
Supplemental cash flow information    
Interest paid 19,295 17,546
Income taxes paid 425
Supplemental non-cash disclosure    
Transfer of loans to foreclosed assets 294
In conjunction with the Marblehead acquisition, liabilities assumed were:    
Fair value of assets acquired 59,161
Cash paid in acquisition (5,009)
Liabilities assumed $ 54,152