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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 13,558 $ 14,596
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Provision for credit losses 2,124 447
Net amortization of securities premiums/discounts 148 191
Proceeds from sale of loans 258,112 204,970
Loans originated for sale (244,130) (221,768)
Accretion of net deferred loan costs/fees and premiums (270) (63)
Depreciation and amortization of premises and equipment 1,787 1,888
Change in mortgage servicing rights fair value 3,405 543
Mortgage servicing rights capitalized (77) (641)
Accretion of fair value adjustment on loans and deposits, net (266) (276)
Amortization of other intangible assets 379 379
Loss on sale of securities, net   1,041
Net gains on mortgage loan sales, including fair value adjustments (6,304) (5,329)
Bank-owned life insurance income (1,505) (1,504)
Income on retirement plan annuities (240) (286)
Gain on sale of asset held for sale   (1,809)
Net loss on disposal of premises and equipment 45  
Net loss (gain) on sale and write-down of other real estate owned and repossessed assets 5 (5)
Bargain purchase contribution   675
ESOP expense 1,290 1,213
Share-based compensation expense 1,348 1,184
Net change in:    
Decrease in operating lease ROU assets 1,111 1,131
Decrease in operating lease liabilities (1,148) (1,020)
Change in other assets 4,247 (25,557)
Change in other liabilities (15,244) 5,431
Net cash provided (used) by operating activities 18,375 (24,569)
Activity in securities available for sale:    
Maturities, prepayments and calls 9,616 10,693
Purchases (24,819) (10,689)
Sales   16,584
Activity in securities held to maturity:    
Maturities, prepayment and calls 420 74
Net redemption of FHLB stock 2,739 1,787
Proceeds on asset held for sale   1,482
Net loan repayments (originations) 116,057 (90,569)
Proceeds from sale of other real estate owned and repossessed assets 11 115
Additions to property and equipment (347) (330)
Net cash provided by (used in) investing activities 103,677 (70,853)
Cash flows from financing activities:    
Net (decrease) increase in deposits (57,082) 70,888
Net change in short-term borrowed funds (16,000) (173,000)
Proceeds from borrowings 100 427,326
Repayment of borrowings (61,003) (203,416)
Net change in mortgagors' escrow accounts 803 760
Treasury stock purchased (9,464) (12,354)
Dividends paid (7,424) (7,070)
Net cash (used in) provided by financing activities (150,070) 103,134
Net change in cash and cash equivalents (28,018) 7,712
Cash and cash equivalents at beginning of period 231,071 227,350
Cash and cash equivalents at end of period 203,053 235,062
Supplemental cash flow information:    
Interest paid on deposits 56,716 54,602
Interest paid on borrowed funds 9,956 15,292
Income taxes paid, net 4,666 4,375
Transfer of loans to other real estate owned and repossessed assets 6 41
Dividends declared $ 7,283 $ 6,668