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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Cash Flows from Operating Activities          
Net income     $ 25,327 $ 15,812  
Adjustments to reconcile net income to net cash from operating activities:          
Depreciation     2,148 2,073  
Amortization of premiums on available-for-sale securities, net     1,632 1,598  
Servicing rights amortization and impairment $ (50) $ 285 35 1,314  
Amortization of core deposit intangible     597 478  
Amortization of customer list intangible     92 92  
Net amortization (accretion) of fair value adjustments     (3,392) (170)  
Amortization of subordinated note issuance costs     86 20  
Stock-based compensation expense     640 609  
Director stock award     120 71  
Provision for loan loss 1,637 659 3,845 3,000 $ 3,444
Gain on sale of loans held for sale (327) (822) (1,188) (2,823)  
Originations of loans held for sale     (61,285) (86,720)  
Proceeds from sale of loans held for sale     68,005 93,548  
(Gain) Loss on sale of other assets owned   219 (271) 421  
Gain on sales of securities available-for-sale       (293)  
Increase in cash surrender value of bank owned life insurance     (493) (475)  
Change in other assets and other liabilities, net     (13,929) (1,278)  
Net cash provided by operating activities     21,969 27,277  
Activity in available-for-sale securities:          
Maturities, prepayments and calls     25,061 41,305  
Sales       9,291  
Purchases     (35,986) (146,634)  
Activity in other securities, at cost:          
Purchases     (65) (207)  
Proceeds from redemption of FHLB stock       1,522  
Change in interest-bearing time deposits     5,726 10,257  
Proceeds from sale of other assets owned     430 196  
Additions to premises and equipment     (1,706) (1,418)  
Loan originations and principal collections, net     (283,836) (141,116)  
Net cash used in investing activities     (290,376) (226,576)  
Cash Flows from Financing Activities          
Net change in deposits     91,432 154,042  
Net change in federal funds purchased and securities sold under agreements to repurchase     26,534 (638)  
Proceeds from FHLB advances     100,000    
Repayment of FHLB advances     (21,855) (157)  
Repayment of other borrowings     (30,000)    
Purchase of treasury stock     (308) (331)  
Proceeds from issuance of subordinated notes       34,421  
Cash dividends paid on common stock     (7,549) (5,666)  
Net cash provided by financing activities     158,254 181,671  
Net Decrease in Cash and Cash Equivalents     (110,153) (17,628)  
Cash and Cash Equivalents - Beginning of year     180,823 175,706 175,706
Cash and Cash Equivalents - End of period $ 70,670 $ 158,078 70,670 158,078 $ 180,823
Supplemental cash flow information:          
Interest paid     7,765 4,559  
Income taxes paid     5,700 5,100  
Supplemental noncash disclosures:          
Transfer of loans to other real estate owned       209  
Cash dividends declared not paid     $ 2,627 2,002  
Ossian Financial Services, Inc. [Member]          
Activity in other securities, at cost:          
Acquisition of Ossian Financial Services, Inc., net of cash received       228  
Supplemental noncash disclosures:          
Fair value of assets acquired       137,058  
Cash paid for the capital stock       20,001  
Liabilities assumed       $ 117,057