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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows from Operating Activities    
Net income (loss) $ 7,709 $ (5,966)
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization and accretion of premiums and discounts on investments, net (107) 148
Net realized loss on sales of securities   11,996
Net realized gain on sale of other real estate owned   (4)
Provision for credit losses 1,156 1,419
Loans originated for sale (6,187) (4,919)
Proceeds from sale of loans 5,814 5,519
Net gain on sale of loans (196) (131)
Amortization of intangible assets 53 60
Depreciation and amortization 832 1,017
Net loss from disposal of premises and equipment 1 18
Deferred income tax expense (benefit) 1,429 (1,838)
Increase in cash surrender value of insurance (580) (564)
Gain on life insurance   (412)
Net (increase) decrease in accrued interest receivable (422) 241
Expense of earned ESOP shares 184 135
Share-based compensation expense 29 9
Net increase in other assets (3,100) (4,477)
Net increase in accrued expenses and other liabilities 2,356 2,640
Net cash provided by operating activities 8,971 4,891
Cash Flows from Investing Activities    
Proceeds from sales of securities   58,564
Proceeds from maturities and principal repayments of securities 38,975 27,294
Purchases of securities (23,298) (56,749)
Net purchases of FHLB Stock 1,937 3,004
Net (increase) decrease in loans (6,442) 42,089
Purchases of bank owned life insurance (23) (23)
Purchases of bank premises and equipment (497) (422)
Proceeds from disposal of premises and equipment 19 2,892
Net proceeds from life insurance   1,025
Proceeds from sale of other real estate owned   29
Net cash provided by investing activities 10,671 77,703
Cash Flows from Financing Activities    
Net increase (decrease) in demand deposits, NOW, money market and savings accounts 51,300 (9,766)
Net increase in time deposits 43,745 25,436
Net decrease in mortgagors' escrow accounts (5,341) (5,722)
Net decrease in short-term debt (45,000) (50,000)
Net increase (decrease) in long-term debt 1,830 (18,291)
Share redemption for tax withholding on exercised options (195)  
Net cash provided by (used in) financing activities 46,339 (58,343)
Net increase in cash and cash equivalents 65,981 24,251
Cash and Cash Equivalents    
Beginning balance 37,484 22,129
Ending balance 103,465 46,380
Supplemental Disclosures of Cash Flow Information    
Interest 16,693 20,194
Income taxes $ 517 $ 768