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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Cash Flows from Operating Activities      
Net Income (Loss) $ 3,236 $ 2,174  
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for (recovery of) credit losses 276 (10)  
Depreciation of premises and equipment 248 210  
Amortization of premiums and accretion of discounts on securities, net 275 259  
Amortization of core deposit intangible 97 0  
Accretion of fair value of acquired loans (251) 0  
Amortization of fair value of acquired time deposits and leases 53 0  
Origination of mortgage loans held for sale (1,442) (1,023)  
Proceeds from sale of mortgage loans held for sale 1,148 1,453  
Gain on sale of mortgage loans held for sale (25) (24)  
Increase in cash value of bank-owned life insurance (292) (258)  
Equity based compensation expense 43 32  
Net change in:      
Accrued interest receivable (204) (165)  
Other assets (395) 44  
Accrued interest payable (28) 1,098  
Other liabilities (173) 50  
Net cash provided by operating activities 2,566 3,840  
Cash Flows from Investing Activities      
Proceeds from repayments of mortgage-backed securities 2,977 3,149  
Proceeds from calls, sales and maturities of securities available for sale 12,000 1,000  
Net change in restricted stock 0 16  
Purchase of loan participations (15,977) (5,609)  
Collection of loan participations 1,482 610  
Loan originations and principal collections, net (680) (2,012)  
Recoveries on loans charged off 63 65  
Purchases of premises and equipment (963) (315)  
Net cash used in investing activities (1,098) (3,096)  
Cash Flows from Financing Activities      
Net change in time deposits (14,013) 16,661  
Net change in other deposits 26,963 17,175  
Net cash provided by financing activitie 12,950 33,836  
Net change in cash and cash equivalents 14,418 34,580  
Cash and cash equivalents at beginning of period 108,117 86,603 $ 86,603
Cash and cash equivalents at end of period 122,535 121,183 108,117
Cash payments for:      
Interest on deposits and borrowings 7,975 6,678  
Income taxes   260  
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]      
Loans charged against the allowance for credit losses 112 109 $ 519
Unrealized holding gains (losses) on securities available for sale $ 9,607 $ (4,225)