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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Cash Flows from Operating Activities      
Net income $ 8,102 $ 4,909  
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation 709 679  
Amortization of premiums on available-for-sale securities, net 578 512  
Servicing rights amortization and impairment 26 505  
Amortization of core deposit intangible 199 140  
Amortization of customer list intangible 31 31  
Net amortization (accretion) of fair value adjustments (1,015) 70  
Amortization of subordinated note issuance costs 28    
Stock-based compensation expense 213 225  
Provision for loan loss 580 1,700 $ 3,444
Gain on sale of loans held for sale (697) (1,046)  
Originations of loans held for sale (26,161) (35,536)  
Proceeds from sale of loans held for sale 28,512 36,811  
Net gain on sale of other assets owned (5) (25)  
Gain on sales of securities available-for-sale   (293)  
Increase in cash surrender value of bank owned life insurance (157) (139)  
Change in other assets and other liabilities, net (3,046) (2,098)  
Net cash provided by operating activities 7,897 6,445  
Activity in available-for-sale securities:      
Maturities, prepayments and calls 13,762 15,897  
Sales   7,773  
Purchases (19,344) (76,081)  
Activity in other securities, at cost:      
Purchases (406)    
Change in interest-bearing time deposits 2,236 248  
Proceeds from sale of other assets owned 164 99  
Additions to premises and equipment (448) (318)  
Loan originations and principal collections, net (104,478) (39,722)  
Net cash used in investing activities (108,514) (92,104)  
Cash Flows from Financing Activities      
Net change in deposits 60,754 87,689  
Net change in federal funds purchased and securities sold under agreements to repurchase 2,412 (167)  
Repayment of FHLB advances (1,388) (157)  
Purchase of treasury stock   (23)  
Cash dividends paid on common stock (2,462) (1,889)  
Net cash provided by financing activities 59,316 85,453  
Net Decrease in Cash and Cash Equivalents (41,301) (206)  
Cash and Cash Equivalents - Beginning of year 180,823 175,706 175,706
Cash and Cash Equivalents - End of period 139,522 175,500 $ 180,823
Supplemental cash flow information:      
Interest paid 3,057 1,573  
Supplemental noncash disclosures:      
Transfer of loans to other real estate owned   148  
Cash dividends declared not paid $ 2,462 $ 1,889