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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income $ 15,183 $ 10,612
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,608 1,567
Net amortization of loans and investment securities 206 2,467
Amortization of subordinate debt issuance costs 142 30
Provision for credit losses 2,611 1,483
Change in fair value of equity securities 7 (228)
Loans originated for sale (28,569) (28,344)
Proceeds from sale of loans 30,030 26,199
Gain on sale of loans held for sale (411) (367)
Increase in cash surrender value of life insurance (346) (340)
Gain from claims on life insurance policies (78)
Stock based compensation 633 465
Net decrease in other assets 1,737 2,650
Net decrease (increase) in other liabilities (574) 1,419
Net cash provided by operating activities 22,257 17,535
Cash flows from investing activities    
Net decrease in long-term interest-earning deposits in other banks 500 4,480
Proceeds from maturities, calls and pay-downs of securities available for sale 54,239 36,163
Purchase of investment securities available for sale (19,616)
Increase in restricted stock (119) (6,800)
Net increase in loans (165,982) (109,132)
Proceeds from surrender of life insurance policies 558
Proceeds from sale of equity securities 161
Capital expenditures (882) (2,184)
Net cash used in investing activities (112,083) (96,531)
Cash flows from financing activities    
Net increase in demand deposits, interest-bearing checking, and savings accounts 117,009 74,684
Net (decrease) increase in time deposits (29,761) 110,829
Increase in long-term borrowings (FHLB) 200,000
Decrease in long-term borrowings (FHLB & FRB) (90,000)
Redemption of subordinate notes (9,000)
Dividends paid (4,367) (4,217)
Purchase of Treasury shares (738) (596)
Cash received from option exercises 235 25
Treasury shares issued under dividend reinvestment plan 979 1,448
Net cash provided by financing activities 74,357 292,173
(Decrease) Increase in cash and cash equivalents (15,469) 213,177
Cash and cash equivalents at the beginning of the period 203,613 23,140
Cash and cash equivalents at the end of the period 188,144 236,317
Cash paid during the period for:    
Interest on deposits and other borrowed funds 35,183 30,535
Income taxes 3,514 1,133
Noncash Activities    
Lease liabilities arising from obtaining right-of-use assets $ 131 $ 20