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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net income $ 20,794 $ 18,210
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 5,668 5,703
Provision for credit losses on loans 1,325 1,491
Provision (benefit) for credit losses 140 (165)
Deferred income tax benefit (1,173) (593)
Stock-based compensation expense 1,451 1,648
Excess tax benefit from exercise of SSARs 0 104
Proceeds from sale of loans held-for-sale 59,597 52,281
Originations of loans held-for-sale (58,547) (53,775)
Earnings from bank-owned life insurance (1,497) (1,325)
Gain from bank-owned life insurance claim 0 (142)
Net gain from sales of loans (972) (899)
Net loss from sales of investment securities 0 6,468
Net gain from sale and write-down of foreclosed assets held-for-sale (13) (2)
Net loss from write-down and disposal of bank premises and equipment 12 216
Operating lease payments 59 64
Change in:    
Accrued interest receivable (540) (604)
Other assets 550 420
Accrued interest payable and other liabilities 2,709 592
Net cash provided by operating activities 29,563 29,692
Cash flows from investing activities:    
Proceeds from sales 0 60,338
Proceeds from maturities, calls and principal pay-downs 22,786 24,973
Purchases (15,389) 0
(Increase) decrease in restricted investments in bank stock (56) 1,363
Net increase in loans and leases (118,987) (122,032)
Principal portion of lease payments received under direct finance leases 4,447 5,260
Purchase of bank-owned life insurance policies (2,000) 0
Purchases of bank premises and equipment (4,663) (6,954)
Proceeds from death benefits received on bank-owned life insurance 0 931
Proceeds from sale of bank premises and equipment 20 844
Proceeds from sale of foreclosed assets held-for-sale 254 2
Net cash used in investing activities (113,588) (35,275)
Cash flows from financing activities:    
Net increase (decrease) in deposits 182,397 (8,461)
Net (decrease) increase in borrowings (118,101) 103,818
Repayment of finance lease obligation (219) (229)
Proceeds from employee stock purchase plan participants 280 302
Repurchase of shares to cover withholdings (79) (239)
Dividends paid, net of dividends reinvested (8,849) (6,750)
Net cash provided by financing activities 55,429 88,441
Net increase (decrease) in cash and cash equivalents (28,596) 82,858
Cash and cash equivalents, beginning 111,949 29,091
Cash and cash equivalents, ending 83,353 111,949
Supplemental Disclosures of Cash Flow Information    
Interest 43,211 29,194
Federal taxes 4,350 2,550
State taxes 66 40
Supplemental Disclosures of Non-cash Investing Activities:    
Net change in unrealized losses on available-for-sale securities (1,228) 16,284
Cumulative-effect adjustment for adoption of ASU 2016-13 0 (1,326)
Amortization of unrealized losses on securities transferred from available-for-sale to held-to-maturity 2,359 2,305
Transfers from/(to) loans to/(from) foreclosed assets held-for-sale 669  
Transfers from/(to) loans to/(from) foreclosed assets held-for-sale   (168)
Transfers from/(to) loans to/(from) loans held-for-sale, net 855 (1,967)
Transfers from premises and equipment to other assets held-for-sale 268 0
Right-of-use asset 1,420 (81)
Lease liability $ 1,512 $ (81)