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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 3,006 $ 1,753
Adjustments To Reconcile Net Income To Net Cash Provided By Operating Activities:    
Depreciation Expense 535 509
Discount Accretion and Premium Amortization, net 879 945
Provision for Credit Losses 0 335
Earnings on BOLI [1] (178) (173)
Gain on Sales of Loans [1] (128) (131)
Gain on Sale of Land Held for Sale (62) 0
Amortization of Operating Lease ROU Assets 121 117
Proceeds From Sale of Loans Held For Sale 6,333 5,013
Origination of Loans Held For Sale (6,430) (4,020)
Increase in Accrued Interest Receivable (220) (516)
Change in Other Assets 757 11,702
Change in Lease Liabilities and Other Liabilities (38) 72
Net Cash Provided By Operating Activities 4,575 15,606
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of AFS Securities (24,311) (9,328)
Proceeds from Paydowns and Maturities of AFS Securities 13,209 14,903
Purchase of HTM Securities (1,783) 0
Proceeds from Paydowns and Maturities of HTM Securities 3,140 3,962
Purchase of FHLB Stock (41) (119)
Net Increase in Loans Receivable (2,561) (24,641)
Proceeds from Sale of Land Held for Sale 298 0
Purchase and Improvement of Premises and Equipment (4,781) (1,585)
Net Cash Used By Investing Activities (16,830) (16,808)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Increase in Deposit Accounts 21,515 10,882
(Decrease) Increase in Other Borrowings, Net (3,573) 348
Proceeds from FRB Borrowings 0 65,000
Repayment of FRB Borrowings (50,000) (110,000)
Purchases of Treasury Stock (1) (99)
Proceeds from Employee Stock Purchase Plan 10 14
Dividends to Common Stock Shareholders (478) (452)
Dividends to Preferred Stock Shareholder (415) 0
Net Cash Used By Financing Activities (32,942) (34,307)
Net Decrease in Cash and Cash Equivalents (45,197) (35,509)
Cash and Cash Equivalents at Beginning of Period 178,277 128,284
Cash and Cash Equivalents at End of Period 133,080 92,775
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash Paid for Interest 10,235 9,796
Non-Cash Transactions:    
Other Comprehensive Income, Net of Tax $ 3,661 $ 991
[1] Not within the scope of ASC 606