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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 13,035 $ 11,576 $ 11,006
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion 4,539 3,301 3,029
Provision for loan losses 5,250 1,085 1,450
Deferred income tax (benefit) expense (400) 341 1,019
Stock-based compensation expense 1,077 817 749
Excess tax benefit from exercise of SSARs   23 28
Proceeds from sale of loans held-for-sale 158,300 52,718 32,721
Originations of loans held-for-sale (176,939) (42,328) (34,858)
Earnings from bank-owned life insurance (794) (647) (598)
Net gain from sales of loans (3,603) (856) (645)
Net gain from sales of investment securities (115) (14) (54)
Net (gain) loss from sale and write-down of foreclosed assets held-for-sale (23) 44 90
Net loss from write-down and disposal of bank premises and equipment 142 13 18
Operating lease payments 29 81  
Change in:      
Accrued interest receivable (985) (10) (486)
Other assets (710) 420 (2,503)
Accrued interest payable and other liabilities 1,493 (778) 2,684
Net cash provided by operating activities 296 25,786 13,650
Available-for-sale securities:      
Proceeds from sales 123,459 10,952 13,514
Proceeds from maturities, calls and principal pay-downs 68,906 35,045 20,434
Purchases (271,504) (43,384) (63,571)
Decrease (increase) in restricted investments in bank stock 2,149 1,956 (3,507)
Net increase in loans and leases (132,541) (36,912) (81,887)
Principal portion of lease payments received under direct finance leases 3,551 3,170  
Purchase of life insurance policies (11,000) (2,000)  
Purchases of bank premises and equipment (1,390) (4,128) (3,572)
Net cash acquired in acquisition 53,004    
Proceeds from sale of bank premises and equipment 187 240 8
Proceeds from sale of foreclosed assets held-for-sale 936 1,065 1,462
Net cash used in investing activities (164,243) (33,996) (117,119)
Cash flows from financing activities:      
Net increase in deposits 278,342 65,554 40,037
Net decrease in short-term borrowings (37,839) (38,527) 57,864
Proceeds from issuance of FHLB advances     15,000
Proceeds from Paycheck Protection Program Liquidity Facility (PPPLF) 152,791    
Repayment of PPPLF (152,791)    
Repayment of FHLB advances (17,627) (16,704) (4,500)
Repayment of finance lease obligation (83) (73) (38)
Proceeds from employee stock purchase plan participants 219 175 149
Exercise of stock options     14
Dividends paid (5,378) (4,037) (3,397)
Cash paid in lieu of fractional shares (4)    
Net cash provided by financing activities 217,630 6,388 105,129
Net increase (decrease) in cash and cash equivalents 53,683 (1,822) 1,660
Cash and cash equivalents, beginning 15,663 17,485 15,825
Cash and cash equivalents, ending 69,346 15,663 17,485
Supplemental Disclosures of Cash Flow Information, Cash payments for:      
Interest 5,820 7,440 4,689
Income tax 3,250 1,950 600
Supplemental Disclosures of Non-cash Investing Activities:      
Net change in unrealized gains on available-for-sale securities 6,772 5,946 (3,137)
Transfers from loans to foreclosed assets held-for-sale 800 1,288 781
Transfers from loans to loans held-for-sale 6,642 6,038 1,204
Transfers from premises and equipment to other assets held-for-sale     $ 253
Right-of-use asset 72 6,211  
Lease liability 72 $ 6,710  
Transactions related to acquisition, Increase in assets and liabilities:      
Securities 123,420    
Loans 245,283    
Restricted investments in bank stocks 692    
Premises and equipment 6,907    
Investment in bank-owned life insurance 9,230    
Goodwill 6,843    
Core deposit intangible asset 1,973    
Right-of-use assets 1,354    
Other assets 2,680    
Non-interest-bearing deposits (118,822)    
Interest-bearing deposits (276,816)    
FHLB advances (7,627)    
Lease liabilities (1,354)    
Other liabilities (1,356)    
Common shares issued $ (45,408)