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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities:    
Net Income $ 14,609 $ 24,549
Provision for Credit Losses 2,502 1,674
Depreciation and Amortization 3,432 3,835
Net Loss (Gain) on Securities Transactions 285 (284)
Loans Originated and Held-for-Sale 344 (1,002)
Proceeds from the Sale of Loans Held-for-Sale 4 1,359
Net Gain on the Sale of Loans (4) (62)
Net Loss on the Sale of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 86 120
Contributions to Retirement Benefit Plans (273) (319)
Deferred Income Tax Benefit (71) (328)
Shares Issued Under the Directors’ Stock Plan 114 193
Stock-Based Compensation Expense 247 224
Tax Benefit from Exercise of Stock Options 11 22
Net Decrease in Other Assets 1,023 173
Net Decrease in Other Liabilities 3,390 530
Net Cash Provided By Operating Activities 25,699 30,684
Cash Flows from Investing Activities:    
Proceeds from the Maturities and Calls of Securities Available-for-Sale 32,134 42,660
Purchases of Securities Available-for-Sale 0 (110,049)
Proceeds from the Maturities and Calls of Securities Held-to-Maturity 34,198 19,656
Purchases of Securities Held-to-Maturity (2,552) (5,491)
Net Increase in Loans (89,638) (178,740)
Proceeds from the Sales of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 1,305 860
Purchase of Premises and Equipment (5,064) (6,079)
Net Decrease in FHLB and Federal Reserve Bank Stock 1,132 662
Net Cash Used By Investing Activities (28,485) (236,521)
Cash Flows from Financing Activities:    
Net Increase (Decrease) in Deposits 3,860 (4,837)
Finance Lease Payments (26) (25)
Other Borrowings - Advances 250,000 0
Other Borrowings - Paydowns (133,000) (20,000)
Purchase of Treasury Stock (848) (2,613)
Stock Options Exercised, Net 83 326
Shares Issued Under the Employee Stock Purchase Plan 120 242
Shares Issued for Dividend Reinvestment Plans 472 949
Cash Dividends Paid (8,934) (8,647)
Net Cash Provided (Used) By Financing Activities 111,727 (34,605)
Net Increase (Decrease) in Cash and Cash Equivalents 108,941 (240,442)
Cash and Cash Equivalents at Beginning of Period 64,660 457,696
Cash and Cash Equivalents at End of Period 173,601 217,254
Supplemental Disclosures to Statements of Cash Flow Information:    
Interest on Deposits and Borrowings 19,179 2,703
Income Taxes 3,269 5,918
Transfer of Loans to Other Real Estate Owned and Repossessed Assets $ 1,320 $ 719