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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net income $ 18,210 $ 30,021
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 5,703 5,255
Provision for credit losses on loans 1,491 2,100
Provision (benefit) for credit losses (165) (13)
Deferred income tax (benefit) expense (593) 1,835
Stock-based compensation expense 1,648 1,271
Excess tax benefit from exercise of SSARs 104 12
Proceeds from sale of loans held-for-sale 52,281 79,401
Originations of loans held-for-sale (53,775) (67,476)
Earnings from bank-owned life insurance (1,325) (1,290)
Gain from bank-owned life insurance claim (142) 0
Net gain from sales of loans (972) (1,623)
Net loss (gain) from sales of investment securities 6,468 (4)
Net gain from sale and write-down of foreclosed assets held-for-sale (2) (19)
Net loss from write-down and disposal of bank premises and equipment 216 195
Operating lease payments 64 93
Change in:    
Accrued interest receivable (604) (961)
Other assets 493 (924)
Accrued interest payable and other liabilities 592 1,554
Net cash provided by operating activities 29,692 49,427
Cash flows from investing activities:    
Proceeds from sales 60,338 1,691
Proceeds from maturities, calls and principal pay-downs 24,973 40,749
Purchases 0 (42,087)
Decrease (increase) in restricted investments in bank stock 1,363 (2,061)
Net increase in loans and leases (122,032) (116,055)
Principal portion of lease payments received under direct finance leases 5,260 5,733
Purchases of bank premises and equipment (6,954) (5,514)
Proceeds from death benefits received on bank-owned life insurance 931 0
Proceeds from sale of bank premises and equipment 844 1,095
Proceeds from sale of foreclosed assets held-for-sale 2 1,061
Net cash used in investing activities (35,275) (115,388)
Cash flows from financing activities:    
Net decrease in deposits (8,461) (2,916)
Net increase in other borrowings 103,818 10,063
Repayment of finance lease obligation (229) (232)
Purchase of treasury stock 0 (1,263)
Proceeds from employee stock purchase plan participants 302 252
Repurchase of shares to cover withholdings (239) (20)
Dividends paid, net of dividends reinvested (6,750) (7,709)
Net cash provided by (used in) financing activities 88,441 (1,825)
Net increase (decrease) in cash and cash equivalents 82,858 (67,786)
Cash and cash equivalents, beginning 29,091 96,877
Cash and cash equivalents, ending 111,949 29,091
Supplemental Disclosures of Cash Flow Information    
Interest 29,194 6,105
Income tax 2,550 3,050
Supplemental Disclosures of Non-cash Investing Activities:    
Net change in unrealized losses on available-for-sale securities 16,284 (68,106)
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 2,305 1,695
Transfers from loans to foreclosed assets held-for-sale (168)  
Transfers to loans from foreclosed assets held-for-sale   776
Transfers to loans from loans held-for-sale, net 1,967 17,907
Transfers from premises and equipment to other assets held-for-sale 0 1,184
Right-of-use asset (81) 141
Lease liability $ (81) $ 141