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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating activities:    
Net income $ 3,400 $ 4,246
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 965 1,081
Amortization of right of use lease assets 181 312
Accretion related to acquisition, net 22 22
Amortization of subordinated debt issuance costs 65 65
Gain on redemption and retirement of subordinated notes (656) 0
Provision for credit losses 1,185 341
Loss on sale of securities, net 176 0
Net amortization of securities 106 296
Decrease in loans held for sale, net 0 470
Net loss on write-down/sale of repossessed assets 336 36
Income from bank owned life insurance (573) (535)
Stock compensation expense 163 205
Decrease (increase) in other assets 184 (108)
Decrease in accrued expenses and other liabilities (1,725) (1,695)
Net cash provided by operating activities 3,829 4,736
Investing activities:    
Purchases of available-for-sale securities (5,886) 0
(Cash used in purchases) proceeds from redemption of restricted securities, net (6) 1,351
Proceeds from maturities of available-for-sale securities 3,100 970
Proceeds from sales of available-for-sale securities 1,394 0
Paydowns on available-for-sale securities 7,313 9,131
Net decrease in loans held for investment 2,486 23,747
Purchases of premises and equipment (323) (1,951)
Net cash provided by investing activities 8,078 33,248
Financing activities:    
(Decrease) increase in noninterest-bearing deposits (12,479) 28,304
Increase (decrease) in savings deposits 17,501 (30,917)
(Decrease) increase in time deposits (51,235) 8,791
Decrease in federal funds purchased, repurchase agreements and other borrowings, net (646) (1,002)
Increase in Federal Home Loan Bank advances 50 44,336
Repayment of Federal Home Loan Bank advances 0 (74,200)
Repayment and retirement of subordinated debt (3,094) 0
Proceeds from Employee Stock Purchase Plan issuance 59 59
Cash dividends paid on common stock (1,429) (1,416)
Net cash used in financing activities (51,273) (26,045)
Net (decrease) increase in cash and cash equivalents (39,366) 11,939
Cash and cash equivalents at beginning of period 140,044 80,806
Cash and cash equivalents at end of period 100,678 92,745
Cash payments for:    
Interest 11,024 11,724
Income tax 760 0
Supplemental schedule of noncash transactions    
Unrealized gain on securities available-for-sale 2,497 293
Loans transferred to repossessed assets 718 1,256
Impact of adoption of new accounting pronouncements $ 0 $ 108