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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 12,402 $ 15,187
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 2,552 2,495
Provision for credit losses on loans 855 1,050
Provision (credit) for loan losses 175 (18)
Deferred income tax (benefit) expense (224) 1,300
Stock-based compensation expense 963 719
Excess tax benefit from exercise of SSARs 31 0
Proceeds from sale of loans held-for-sale 23,285 52,800
Originations of loans held-for-sale (23,540) (42,581)
Earnings from bank-owned life insurance (645) (638)
Gain from bank-owned life insurance claim (142) 0
Net gain from sales of loans (406) (1,190)
Net loss from sales of investment securities 1 0
Net gain from sale and write-down of foreclosed assets held-for-sale 0 (23)
Net loss from write-down and disposal of bank premises and equipment 165 134
Operating lease payments 44 57
Change in:    
Accrued interest receivable 145 (384)
Other assets 400 (1,430)
Accrued interest payable and other liabilities (992) 323
Net cash provided by operating activities 15,069 27,801
Cash flows from investing activities:    
Proceeds from sales 31,208 0
Proceeds from maturities, calls and principal pay-downs 13,356 23,561
Purchases 0 (39,183)
Decrease (increase) in restricted investments in bank stock 1,540 (416)
Net increase in loans and leases (66,711) (40,733)
Principal portion of lease payments received under direct finance leases 2,803 2,859
Purchases of bank premises and equipment (2,579) (3,875)
Proceeds from death benefits received on bank-owned life insurance 931 0
Proceeds from sale of bank premises and equipment 22 466
Proceeds from sale of foreclosed assets held-for-sale 0 780
Net cash used in investing activities (19,430) (56,541)
Cash flows from financing activities:    
Net (decrease) increase in deposits (14,903) 47,776
Net increase (decrease) in other borrowings 63,052 (2,755)
Repayment of finance lease obligation (118) (116)
Purchase of treasury stock 0 (388)
Proceeds from employee stock purchase plan participants 302 252
Repurchase of shares to cover withholdings (121) 0
Dividends paid, net of dividends reinvested (3,310) (3,781)
Net cash provided by financing activities 44,902 40,988
Net increase in cash and cash equivalents 40,541 12,248
Cash and cash equivalents, beginning 29,091 96,877
Cash and cash equivalents, ending 69,632 109,125
Supplemental Disclosures of Cash Flow Information    
Interest 11,881 1,838
Income tax 1,700 900
Supplemental Disclosures of Non-cash Investing Activities:    
Net change in unrealized gains (losses) on available-for-sale securities 6,308 (54,013)
Transfers of securities from available-for-sale to held-to-maturity 0 245,536
Unrealized losses on securities transferred from available-for-sale to held-to-maturity 0 (23,882)
Cumulative-effect adjustment for adoption of ASU 2016-13 (1,326) 0
Amortization of unrealized losses on securities transferred from available-for-sale to held-to-maturity 1,140 555
Transfers from loans to foreclosed assets held-for-sale (82)  
Transfers to loans from foreclosed assets held-for-sale   450
Transfers from/(to) loans to/(from) loans held-for-sale, net (205) (17,129)
Transfers from premises and equipment to other assets held-for-sale 739 1,184
Right-of-use asset 0 24
Lease liability $ 0 $ 24