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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:      
Net Income $ 48,799 $ 49,857 $ 40,827
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Provision for Credit Losses 4,798 272 9,319
Depreciation and Amortization 7,548 7,826 6,867
Loss on the Sale of Securities Available-for-Sale 0 0 37
Net (Gain) Loss on Equity Securities (427) (111) 427
Loans Originated and Held-for-Sale (799) (48,720) (94,773)
Proceeds from the Sale of Loans Held-for-Sale 1,380 61,044 87,729
Net Gains on the Sale of Loans (83) (2,393) (3,889)
Net Gains (Losses) on the Sale or Write-down of Premises and Equipment,     Other Real Estate Owned and Repossessed Assets 167 277 (161)
Contributions to Pension & Postretirement Plans (741) (622) (673)
Deferred Income Tax (Benefit) Expense (1,252) 945 (2,240)
Shares Issued Under the Directors’ Stock Plan 408 376 125
Stock-Based Compensation Expense 451 414 420
Tax Benefit from Exercise of Stock Options 34 69 52
Net Increase in Other Assets (1,427) (5,065) (2,339)
Net Increase in Other Liabilities 857 4,037 586
Net Cash Provided By Operating Activities 59,713 68,206 42,314
Cash Flows from Investing Activities:      
Proceeds from the Sale of Securities Available-for-Sale 0 0 65,273
Proceeds from the Maturities and Calls of Securities Available-for-Sale 104,120 118,330 104,941
Purchases of Securities Available-for-Sale (184,785) (323,372) (173,234)
Proceeds from the Maturities and Calls of Securities Held-to-Maturity 32,068 30,561 33,896
Purchases of Securities Held-to-Maturity (11,459) (9,377) (7,953)
Net Increase in Loans (319,547) (85,123) (200,554)
Proceeds from the Sales of Premises and Equipment, Other    Real Estate Owned and Repossessed Assets 1,475 1,547 2,478
Purchase of Premises and Equipment (14,250) (7,137) (5,132)
Net (Increase) Decrease in Federal Home Loan Bank Stock (684) (31) 4,968
Purchase of Bank Owned Life Insurance 0 0 (12,000)
Net Cash Used In Investing Activities (393,062) (274,602) (187,317)
Cash Flows from Financing Activities:      
Net (Decrease) Increase in Deposits (52,133) 315,771 618,672
Net Increase (Decrease) in Short-Term Federal Home Loan Bank Borrowings 27,000 0 (130,000)
Net Decrease in Short-Term Borrowings 0 (17,486) (33,613)
Federal Home Loan Bank Advances 0 0 45,000
Finance Lease Payments (50) (48) (37)
Repayments of Federal Home Loan Bank Advances (17,200) 0 (30,000)
Purchase of Treasury Stock (2,872) (2,662) (1,578)
Shares Issued for Stock Option Exercises, net 631 1,505 748
Shares Issued Under the Employee Stock Purchase Plan 477 481 513
Shares Issued for Dividend Reinvestment Plans 1,904 1,836 1,808
Cash Dividends Paid (17,444) (16,296) (15,740)
Net Cash (Used) Provided By Financing Activities (59,687) 283,101 455,773
Net (Decrease) Increase in Cash and Cash Equivalents (393,036) 76,705 310,770
Cash and Cash Equivalents at Beginning of Year 457,696 380,991 70,221
Cash and Cash Equivalents at End of Year 64,660 457,696 380,991
Supplemental Disclosures to Statements of Cash Flow Information:      
Interest on Deposits and Borrowings 5,752 5,373 13,799
Income Taxes 13,018 14,760 10,969
Non-cash Investing and Financing Activity:      
Transfer of Loans to Other Real Estate Owned and Repossessed Assets $ 1,656 $ 1,358 $ 1,000