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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 16,025 $ 16,527
Adjustments to reconcile net income to net cash provided by operating activities:    
(Release of) provision for loan losses (1,000) 700
Depreciation expense 1,615 1,727
Net amortization of investment securities, premiums, and discounts 1,086 1,337
Change in fair value of mortgage servicing rights (186) 86
Investment securities (gains) losses, net 12 (140)
(Gain) losses on sales and dispositions of premises and equipment (147) 8
Gain on sales and dispositions of other real estate (2) (25)
(Release of) provision for other real estate owned (28) 97
Increase in accrued interest receivable (427) (928)
Increase in cash surrender value - life insurance (44) (44)
Decrease in other assets 155 694
Decrease in operating lease liabilities (227) (227)
Increase (decrease) in accrued interest payable 283 (529)
(Decrease) increase in other liabilities (4,185) 64
Origination of mortgage loans held for sale (72,563) (161,244)
Proceeds from the sale of mortgage loans held for sale 76,110 167,289
Gain on sale of mortgage loans, net (2,322) (5,881)
Net cash provided by operating activities 14,155 19,511
Cash flows from investing activities:    
Purchase of certificates of deposit in other banks (245) (245)
Proceeds from maturities of certificates of deposit in other banks 1,237 2,957
Net (increase) decrease in loans (190,215) 4,121
Purchase of available-for-sale debt securities (17,318) (136,686)
Proceeds from maturities of available-for-sale debt securities 24,673 30,658
Proceeds from calls of available-for-sale debt securities 2,295 14,685
Proceeds from sales of available-for-sale debt securities 0 5,420
Purchases of FHLB stock (8,103) (330)
Proceeds from sales of FHLB stock 8,138 688
Purchases of premises and equipment (2,433) (425)
Proceeds from sales of premises and equipment 304 13
Proceeds from sales of other real estate and repossessed assets 1,348 747
Net cash used in investing activities (180,319) (78,397)
Cash flows from financing activities:    
Net increase in demand deposits 45,587 79,134
Net increase (decrease) in interest-bearing transaction accounts 7,235 (30,743)
Net increase (decrease) in time deposits 23,156 (20,938)
Net decrease in federal funds purchased and securities sold under agreements to repurchase (17,939) (17,711)
Repayment of FHLB advances and other borrowings (195,962) (13,181)
FHLB advances 191,544 0
Purchase of treasury stock (2,892) (2,148)
Cash dividends paid - common stock (3,088) (2,624)
Net cash provided by (used in) financing activities 47,641 (8,211)
Net decrease in cash and cash equivalents (118,523) (67,097)
Cash and cash equivalents, beginning of period 159,909 180,363
Cash and cash equivalents, end of period 41,386 113,266
Cash paid during the period for:    
Interest 5,415 5,163
Income taxes 4,307 4,729
Noncash investing and financing activities:    
Other real estate and repossessed assets acquired in settlement of loans net of (charge-offs) $ 3 $ 142