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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities    
Net income $ 5,717,000 $ 5,553,000
Items not requiring (providing) cash    
Depreciation and amortization 878,000 802,000
Amortization of intangible asset 113,000 100,000
Premium amortization on securities 328,000 329,000
Provision for credit loss expense 488,000 174,000
Gain on sale of loans (343,000) (363,000)
(Gain) loss on sale of available-for-sale securities (144,000) 116,000
Expense related to share based compensation programs 265,000 721,000
Increase in value of bank-owned life insurance (303,000) (327,000)
Originations of loans held for sale (11,255,000) (11,337,000)
Proceeds from sale of loans held for sale 11,598,000 11,700,000
Amortization of debt instrument costs 45,000 45,000
Loss on sale or write down of foreclosed assets 37,000 7,000
Net change in accrued interest receivable and other assets 265,000 (579,000)
Net change in accrued expenses and other liabilities 321,000 295,000
Net cash provided by operating activities 8,010,000 7,236,000
Investing Activities    
Purchase of available-for-sale securities (20,608,000) (44,911,000)
Sales of available-for-sale securities 7,734,000 27,431,000
Maturities of available-for-sale securities 1,510,000 10,040,000
Net change in loans (5,434,000) 8,452,000
Purchase of Federal Home Loan Bank Stock (4,000) (47,000)
Proceeds from sales of foreclosed and fixed assets 107,000 42,000
Purchases of premises and equipment, net (7,507,000) (10,210,000)
Net cash used in investing activities (24,202,000) (9,203,000)
Financing Activities    
Net change in deposits 31,699,000 (5,640,000)
Net change in securities sold under repurchase agreements 15,020,000 9,342,000
Repurchase of common stock (129,000) (687,000)
Cash dividends paid (4,354,000) (4,040,000)
Net cash provided by (used in) financing activities 42,236,000 (1,025,000)
Increase (Decrease) in Cash and Cash Equivalents 26,044,000 (2,992,000)
Cash and Cash Equivalents, Beginning of Period 19,608,000 40,770,000
Cash and Cash Equivalents, End of Period 45,652,000 37,778,000
Supplemental Cash Flows Information    
Interest paid on deposits and borrowings $ 11,316,000 $ 10,979,000