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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 5,820 $ 11,098
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for (release of) credit losses on loans and unfunded commitments 680 (1,300)
Depreciation expense 1,075 1,083
Net amortization of investment securities, premiums, and discounts 524 765
Change in fair value of mortgage servicing rights 27 (31)
Investment securities (gains) losses, net (15) 13
Gain on sales and dispositions of premises and equipment (154) (141)
Gain on sales and dispositions of other real estate (48) (2)
Provision for (release of) other real estate owned 1,831 (28)
Decrease in accrued interest receivable 283 175
Increase in cash surrender value - life insurance (29) (29)
Decrease (increase) in other assets 282 (1,111)
Decrease in operating lease liabilities (159) (150)
Increase in accrued interest payable 577 77
Decrease in other liabilities (1,333) (4,358)
Origination of mortgage loans held for sale (47,593) (52,610)
Proceeds from the sale of mortgage loans held for sale 47,186 54,748
Gain on sale of mortgage loans, net (1,162) (1,695)
Net cash provided by operating activities 7,792 6,504
Cash flows from investing activities:    
Proceeds from maturities of certificates of deposit in other banks 1,974 988
Net increase in loans (41,822) (125,843)
Purchase of available-for-sale debt securities (8,505) (17,174)
Proceeds from maturities of available-for-sale debt securities 8,241 18,478
Proceeds from calls of available-for-sale debt securities 615 2,280
Purchases of FHLB stock (9,320) (3,833)
Proceeds from sales of FHLB stock 6,590 4,119
Purchases of premises and equipment (905) (1,653)
Proceeds from sales of premises and equipment 161 298
Proceeds from sales of other real estate and repossessed assets 627 1,348
Net cash used in investing activities (42,344) (120,992)
Cash flows from financing activities:    
Net decrease in demand deposits (15,673) 18,696
Net decrease in interest-bearing transaction accounts (111,338) (22,304)
Net increase in time deposits 38,202 17,596
Net increase (decrease) in federal funds purchased and securities sold under agreements to repurchase 316 (16,894)
Repayment of FHLB advances and other borrowings (163,800) (95,477)
FHLB advances 230,075 86,059
Purchase of treasury stock 0 (2,892)
Cash dividends paid - common stock (2,301) (1,983)
Net cash used in financing activities (24,519) (17,199)
Net decrease in cash and cash equivalents (59,071) (131,687)
Cash and cash equivalents, beginning of period 83,720 159,909
Cash and cash equivalents, end of period 24,649 28,222
Cash paid during the period for:    
Interest 14,133 2,795
Income taxes 820 3,261
Noncash investing and financing activities:    
Other real estate and repossessed assets acquired in settlement of loans net of (charge-offs) $ 44 $ (52)