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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities:    
Net Income $ 8,127 $ 8,734
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Provision for Loan Losses 2,772 472
Depreciation and Amortization 1,597 1,309
Net Loss (Gain) on Securities Transactions 374 (76)
Loans Originated and Held-for-Sale (9,322) (4,223)
Proceeds from the Sale of Loans Held-for-Sale 7,975 3,718
Net Gain on the Sale of Loans (213) (104)
Net (Gain) Loss on the Sale of Premises and Equipment, Other Real Estate Owned and Repossessed Assets (91) 130
Contributions to Retirement Benefit Plans (195) (153)
Deferred Income Tax Benefit (873) (297)
Stock-Based Compensation Expense 103 95
Tax Benefit from Exercise of Stock Options 28 78
Net Increase in Other Assets (5,719) (1,565)
Net Increase in Other Liabilities 8,563 2,613
Net Cash Provided By Operating Activities 13,126 10,731
Cash Flows from Investing Activities:    
Proceeds from the Maturities and Calls of Securities Available-for-Sale 17,444 21,261
Purchases of Securities Available-for-Sale (33,201) 0
Proceeds from the Maturities and Calls of Securities Held-to-Maturity 7,075 5,319
Purchases of Securities Held-to-Maturity (717) (1,457)
Net Increase in Loans (27,317) (39,545)
Proceeds from the Sales of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 781 442
Purchase of Premises and Equipment (1,072) (2,099)
Net Decrease in Other Investments 4,938 7,628
Net Cash Used By Investing Activities (32,069) (8,451)
Cash Flows from Financing Activities:    
Net Increase in Deposits 194,951 144,513
Net Decrease in Short-Term Federal Home Loan Bank Borrowings (130,000) (159,500)
Net Increase in Short-Term Borrowings 6,810 3,748
Finance Lease Payments (5) (4)
Federal Home Loan Bank Advances 40,000 0
Repayments of Federal Home Loan Bank Term Advances (20,000) (10,000)
Purchase of Treasury Stock (1,507) (1,392)
Stock Options Exercised, Net 343 535
Shares Issued Under the Employee Stock Purchase Plan 121 117
Shares Issued for Dividend Reinvestment Plans 442 453
Cash Dividends Paid (3,904) (3,760)
Net Cash Provided (Used) By Financing Activities 87,251 (25,290)
Net Increase (Decrease) in Cash and Cash Equivalents 68,308 (23,010)
Cash and Cash Equivalents at Beginning of Period 70,221 84,239
Cash and Cash Equivalents at End of Period 138,529 61,229
Supplemental Disclosures to Statements of Cash Flow Information:    
Interest on Deposits and Borrowings 5,264 4,924
Income Taxes 344 311
Non-cash Investing and Financing Activity:    
Transfer of Loans to Other Real Estate Owned and Repossessed Assets $ 371 $ 728