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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities    
Net cash from operating activities $ 10,662 $ 11,723
Cash flow from investing activities    
Purchases of securities, available-for-sale (22,742) (111,050)
Maturities, calls and principal pay downs of securities, available-for-sale 15,368 24,473
Sale of securities, available-for-sale 9,685 1,000
Principal pay downs of securities, held-to-maturity 536 976
Net decrease in certificates of deposit in other financial institutions 1,024 1,784
Net change in Federal Home Loan Bank stock, at cost 270 (53)
Net increase in loans (77,592) (17,327)
Acquisition, net cash received 0 66,552
Premises and equipment purchases (1,650) (1,147)
Disposal of premises and equipment 0 30
Sale of Other Real Estate Owned 0 83
Sale of other repossessed assets 11 0
Net cash from investing activities (75,090) (34,679)
Cash flow from financing activities    
Net increase in deposit accounts 67,837 59,247
Net change in short-term borrowings 2,304 (369)
Proceeds from Federal Home Loan Bank advances 16,400 0
Repayments of Federal Home Loan Bank advances (16,466) (1,779)
Proceeds from dividend reinvestment and stock purchase plan 177 116
Dividends paid (1,569) (1,460)
Net cash from financing activities 68,683 55,755
Increase in cash or cash equivalents 4,255 32,799
Cash and cash equivalents, beginning of period 20,952 18,529
Cash and cash equivalents, end of period 25,207 51,328
Supplemental disclosure of cash flow information:    
Interest 4,011 1,025
Federal income taxes 1,515 1,380
Non-cash items:    
Transfer from loans to repossessed assets 11 83
Issuance of treasury stock for vested stock awards 393 309
Branch acquisition:    
Goodwill 2,452  
Net noncash liabilities assumed 0 (66,552)
CFBank Branches [Member]    
Branch acquisition:    
Securities, available-for-sale 0 15,602
Loans 0 19,943
Premises and equipment 0 413
Goodwill 0 1,616
Core deposit intangible 0 295
Accrued interest receivable and other assets 0 216
Total noncash assets acquired 0 38,085
Deposits 0 104,538
Other liabilities 0 99
Total liabilities assumed $ 0 $ 104,637