CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 7,024	$ 6,867
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	785	0
Depreciation and amortization	499	264
Amortization and accretion of loans and other assets	(986)	(528)
Amortization and accretion of investment securities	393	431
Deferred income taxes	122	(65)
Investment securities (gains) losses, net	(55)	218
Earnings on bank owned life insurance	(668)	(218)
Vesting of restricted stock	3	5
Originations of loans held for sale	(28,446)	(1,629)
Proceeds from sales of loans held for sale	29,866	1,716
Realized gains on loans sold	(417)	(45)
Realized gains on sale of Braavo	(1,102)	0
Increase in accrued interest receivable	446	156
(Gain) loss on sale of foreclosed assets held for sale	(119)	(25)
(Decrease) increase in accrued interest payable	(175)	536
Other, net	6,286	2,725
Net cash provided by operating activities	13,456	10,408
Available-for-sale securities:
Proceeds from sales	0	0
Proceeds from maturity and principal repayments	16,649	4,636
Purchase of securities	(6,623)	0
Proceeds from sale of equity securities	335	67
Proceeds from life insurance	1,147	0
Proceeds from matured interest bearing time deposits with other banks	250	0
Proceeds from redemption of regulatory stock	8,974	4,370
Purchase of regulatory stock	(9,256)	(5,899)
Net decrease in loans	4,157	2,199
Purchase of premises and equipment	(99)	(208)
Investments in low income housing partnerships	0	(81)
Proceeds from sale of foreclosed assets held for sale	392	139
Proceeds from sale of Braavo assets	7,185	0
Net cash provided by investing activities	23,111	5,223
CASH FLOWS FROM FINANCING ACTIVITIES:
Net decrease in deposits	(18,599)	(44,521)
Repayments of long-term borrowings	(5,000)	0
Net (decrease) increase in short-term borrowed funds	(33,816)	30,778
Purchase of treasury and restricted stock	(45)	0
Dividends paid	(2,306)	(1,926)
Net cash used by financing activities	(59,766)	(15,669)
Net (decrease) increase in cash and cash equivalents	(23,199)	(38)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	52,818	26,211
CASH AND CASH EQUIVALENTS AT END OF PERIOD	29,619	26,173
Supplemental Disclosures of Cash Flow Information:
Interest paid	17,150	6,491
Income taxes paid	0	0
CECL adjustment	$ 0	$ 3,300