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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net income $ 6,208 $ 4,185
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization of investment securities 33 (17)
Stock dividends received on correspondent bank stock (136) (128)
(Release of) provision for credit losses (728) 80
Net gain on loans held for sale 0 (222)
Net gain on mortgage loans (1,458) (1,067)
Origination of mortgage loans held for sale (122,997) (56,790)
Proceeds from mortgage loans 135,151 72,609
Depreciation and amortization 640 672
Net amortization of purchase accounting adjustments 136 24
Deferred income tax expense 587 224
Income on company-owned life insurance (116) (110)
Stock-based compensation 798 422
Net loss (gain) on other real estate owned 7 (459)
Unrealized loss (gain) recognized on equity securities 4 (11)
Net loss (gain) on loans accounted for under the fair value option 39 (6)
Net changes in operating assets and liabilities:    
Change in accounts receivable (219) 38
Change in accrued interest receivable and other assets 708 308
Change in accrued interest payable and other liabilities (3,399) (11,740)
Net Cash Provided by (Used in) Operating Activities, Total 15,258 8,012
Activity in available-for-sale debt securities:    
Maturities, prepayments, and calls 3,722 0
Activity in held-to-maturity debt securities:    
Maturities, prepayments, and calls 5,719 2,032
Purchases (5,750) 0
Purchases of correspondent bank stock 0 (110)
Redemption of correspondent bank stock 476 134
Contributions to low-income housing tax credit investments (269) (683)
Loan and note receivable originations and principal collections, net (39,733) 2,602
Purchases of premises and equipment (619) (1,041)
Purchases of loans 0 (2,329)
Proceeds from sale of other real estate owned 3,033 32,003
Net cash (used in) provided by investing activities (33,421) 32,608
Cash flows from financing activities    
Net change in deposits 95,040 1,188
Payments to Federal Home Loan Bank borrowings (12,332) (5,000)
Payments to Federal Reserve borrowings (503) (426)
Payments to subordinated note holders 0 (500)
Repurchase of common stock (146) (2)
Cash paid for withholding taxes on share-based awards (126) (339)
Net cash provided by (used in) financing activities 81,933 (5,079)
Net change in cash and cash equivalents 63,770 35,541
Cash and cash equivalents, beginning of year 200,281 236,041
Cash and cash equivalents, end of period 264,051 271,582
Supplemental cash flow information:    
Interest paid on deposits and borrowed funds 19,924 19,380
Cash paid for lease liabilities 469 929
Supplemental noncash disclosures:    
Transfer to loans held for investment from loans held for sale 0 (594)
Transfer of a redeemed subordinated note to other liabilities $ 0 $ 7,500