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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows from Operating Activities:    
Net Income $ 6,310 $ 7,660
Provision for Credit Losses on Loans 5,019 617
Depreciation and Amortization 1,206 1,394
Net Gain on Equity Securities (317) (17)
Loans Originated and Held-for-Sale (5,591) (50)
Proceeds from the Sale of Loans Held-for-Sale 4,135 4
Net Gain on the Sale of Loans (101) (4)
Net Loss on the Sale of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 37 27
Contributions to Retirement Benefit Plans (177) (154)
Deferred Income Tax Benefit (854) (259)
Shares Issued Under the Directors’ Stock Plan 132 128
Stock-Based Compensation Expense 125 83
Tax Benefit from Exercise of Stock Options 8 6
Net Decrease (Increase) in Other Assets 3,089 (269)
Net (Decrease) Increase in Other Liabilities (2,951) 1,183
Net Cash Provided By Operating Activities 10,070 10,349
Cash Flows from Investing Activities:    
Proceeds from the Maturities and Calls of Securities Available-for-Sale 26,172 10,083
Proceeds from the Maturities and Calls of Securities Held-to-Maturity 3,629 4,003
Purchases of Securities Held-to-Maturity (2,899) (750)
Net Increase in Loans (21,168) (51,352)
Proceeds from the Sales of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 623 637
Purchase of Premises and Equipment (1,274) (1,155)
Net Decrease in FHLB and Federal Reserve Bank Stock 0 841
Net Cash Provided (Used) By Investing Activities 5,083 (37,693)
Cash Flows from Financing Activities:    
Net Increase in Deposits 140,235 91,455
Net Decrease in Short-Term Federal Home Loan Bank Borrowings 0 (20,000)
Finance Lease Payments (26) (13)
Other Borrowings - Advances 0 100,000
Net Cash Collateral Received from Derivative Counterparties (470) 6,190
Purchase of Treasury Stock (3,479) (5,961)
Stock Options Exercised, Net 102 116
Shares Issued Under the Employee Stock Purchase Plan 83 51
Cash Dividends Paid (4,698) (4,565)
Net Cash Provided By Financing Activities 131,747 167,273
Net Increase in Cash and Cash Equivalents 146,900 139,929
Cash and Cash Equivalents at Beginning of Period 154,546 142,536
Cash and Cash Equivalents at End of Period 301,446 282,465
Supplemental Disclosures to Statements of Cash Flow Information:    
Interest on Deposits and Borrowings 18,718 18,513
Income Taxes 507 953
Transfer of Loans to Other Real Estate Owned and Repossessed Assets $ 624 $ 624