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Consolidated Statements Of Cash Flows - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Cash flows from operating activities              
Net Income $ 2,292,000 $ 2,139,000 $ 2,014,000 $ 1,835,000 $ 4,431,000 $ 3,849,000  
Adjustments to reconcile net income to net cash provided by operating activities:              
Depreciation and amortization         631,000 1,018,000  
Stock based compensation expense           53,000  
Net amortization and accretion of premiums and discounts on securities         237,000 562,000  
Amortization of debt issuance costs         4,000 2,000  
(Gain) on sales of loans held for sale (1,299,000)   (2,310,000)   (3,203,000) (4,084,000)  
Proceeds from sales of loans held for sale         123,182,000 165,380,000  
Origination of loans held for sale         (122,811,000) (160,447,000)  
Recovery of loan losses (300,000)       (600,000)   $ (500,000)
Loss on sale of other real estate owned           66,000 87,000
Amortization of intangibles 140,000       280,000    
Bank owned life insurance income (112,000)   (100,000)   (225,000) (198,000)  
(Increase) decrease in interest receivable         (251,000) 245,000  
(Increase) decrease in other assets         (649,000) 292,000  
Decrease in income taxes receivable         77,000    
Increase in income taxes payable         133,000    
(Decrease) in interest payable         (9,000) (29,000)  
(Decrease) increase in other liabilities         (100,000) 1,326,000  
Net cash provided by operating activities         1,127,000 8,035,000  
Cash flows from investing activities              
Purchases of securities available-for-sale         (71,580,000) (47,894,000)  
Proceeds from maturities, calls and paydowns of securities available-for-sale         6,027,000 4,718,000  
Purchases of bank owned life insurance           (2,000,000)  
(Purchase) sale of Federal Home Loan Bank stock         (63,000) 227,000  
Proceeds from sale of other real estate owned           344,000  
Origination of loans, net of principal collected         (30,563,000) 6,696,000  
Purchases of premises and equipment         (432,000) (956,000)  
Net cash (used in) investing activities         (96,611,000) (38,865,000)  
Cash flows from financing activities              
Net (decrease) increase in deposits         (11,710,000) 54,475,000  
Principal payments on finance lease obligations         (177,000) (208,000)  
Principal payments on other borrowings         (264,000)    
Repurchase of common stock           (427,000)  
Dividends paid to common stockholders         (664,000) (607,000)  
Net cash (used in) provided by financing activities         (12,815,000) 53,233,000  
(Decrease) increase in cash and cash equivalents         (108,299,000) 22,403,000  
Cash and cash equivalents at beginning of period   $ 183,153,000   $ 100,886,000 183,153,000 100,886,000 100,886,000
Cash and cash equivalents at end of period $ 74,854,000   $ 123,289,000   74,854,000 123,289,000 183,153,000
Supplemental schedule of noncash investing and financing activities Non cash transactions              
Transfer of loans to other real estate owned           66,000 $ 111,000
Fair value adjustment for securities available-for-sale         (25,162,000) (1,843,000)  
Cash transactions              
Cash paid for interest         1,008,000 1,170,000  
Cash paid for income taxes         $ 900,000 $ 1,450,000