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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
OPERATING ACTIVITIES:      
Interest received $ 95,988 $ 76,390 $ 71,457
Fees received 17,741 17,958 19,197
Interest paid (34,465) (6,513) (5,997)
Cash paid to employees and vendors (55,066) (58,294) (58,267)
Income taxes paid (8,681) (3,327) (5,790)
Proceeds from sale of loans held for resale 8,447 4,897 949
Originations of loans held for sale (8,265) (4,704) (1,037)
Net cash provided by operating activities 15,699 26,407 20,512
Available for sales securities:      
Purchases   (144,413) (189,838)
Proceeds from sales 72,827    
Proceeds from maturities, calls, and payments 25,358 19,066 37,928
Held to maturity securities:      
Purchases (1,344) (6,651) (3,845)
Proceeds from maturities, calls, and payments 6,225 2,867 4,884
Cash paid for bank-owned life insurance   (6,830)  
Proceeds from bank-owned life insurance claims   378  
Additions to properties and equipment (517) (1,008) (1,033)
Proceeds from sales of assets 370   581
Proceeds (purchase) of tax credit investment 88 191 (1,913)
Sale of other real estate   1,380 129
Net cash used in acquisitions     (900)
Net cash from sale of subsidiary 34,249    
Net (increase) in loans (47,889) (101,555) 131,387
Net cash provided by (used in) investing activities 89,367 (236,575) (22,620)
FINANCING ACTIVITIES:      
(Repayments of) proceeds of short-term borrowings, net (31,872) 176,236 (675)
(Repayments of) proceeds from long-term borrowings (13,470) (12,598) (10,454)
Net increase (decrease) in deposits (52,895) (165,314) 166,069
Dividends paid (7,223) (6,942) (6,541)
Repurchase of treasury stock   (4,140)  
Issuance of common stock 743 1,051 890
Reissuance of treasury stock 64 144  
Net cash (used in) provided by financing activities (104,653) (11,563) 149,289
Net increase (decrease) in cash and cash equivalents 413 (221,731) 147,181
CASH AND CASH EQUIVALENTS:      
Beginning of year 23,054 244,785 97,604
End of year 23,467 23,054 244,785
RECONCILIATION OF NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES:      
Net income 24,524 22,389 24,043
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,559 1,647 1,260
Deferred tax (benefit) expense (900) 251 1,520
Provision (credit) for credit losses 18 2,739 (1,513)
Loss on tax credit investment     30
Changes in refundable state historic tax credit     (21)
Net loss (gain) on sales of assets and other real estate owned 31 (196) 135
Loss on sales of securities 5,044    
Gain on sale of subsidiary (20,160)    
Gain on loans sold (179) (95) (11)
Stock compensation expense 980 1,206 947
Proceeds from sale of loans held for resale 8,447 4,897 949
Originations of loans held for sale (8,265) (4,704) (1,037)
Changes in assets and liabilities affecting cash flow:      
Other assets 73 2,914 (8,679)
Other liabilities 4,527 (4,641) 2,889
NET CASH PROVIDED BY OPERATING ACTIVITIES $ 15,699 $ 26,407 $ 20,512