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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 11,484 $ 9,085
Adjustments to reconcile net income to net cash provided by operating activities:    
(Release of) provision for credit losses on loans and unfunded commitments (391) 227
Depreciation expense 1,140 925
Net amortization of investment securities, premiums, and discounts 208 418
Change in fair value of mortgage servicing rights 0 (149)
Investment securities losses, net 3 15
Gain on sales and dispositions of premises and equipment (48) (6)
Gain on sales and dispositions of other real estate (28) (94)
Provision for (release of) valuation allowance for other real estate owned 184 (386)
Proceeds from the sale of mortgage servicing rights 0 1,589
Share-based compensation expense 177 71
Increase in cash surrender value - life insurance (765) (485)
(Increase) decrease in accrued interest receivable and other assets (384) 2,057
Decrease in operating lease liabilities (138) (103)
Increase (decrease) in accrued interest payable and other liabilities 49 (1,143)
Origination of mortgage loans held for sale (2,661) (34,810)
Proceeds from the sale of mortgage loans held for sale 2,903 38,001
Gain on sale of mortgage loans, net (242) (675)
Net cash provided by operating activities 11,491 14,537
Cash flows from investing activities:    
Purchase of certificates of deposit in other banks 0 (1,000)
Purchase of bank-owned life insurance 0 (35,000)
Net decrease in loans 3,229 35,867
Purchase of available-for-sale debt securities (13,332) (18,965)
Proceeds from maturities of available-for-sale debt securities 7,623 5,660
Proceeds from calls of available-for-sale debt securities 3,755 12,256
Purchases of FHLB stock (9,657) (767)
Proceeds from sales of FHLB stock 7,147 1,218
Purchases of premises and equipment (924) (1,082)
Proceeds from sales of premises and equipment 49 11
Proceeds from sales of other real estate and repossessed assets 1,418 1,548
Net cash used in investing activities (692) (254)
Cash flows from financing activities:    
Net increase (decrease) in demand deposits 34,892 (623)
Net decrease in interest-bearing transaction accounts (58,123) (42,269)
Net increase in time deposits 8,035 22,298
Repayment of FHLB advances and other borrowings (170,100) (22,200)
FHLB advances 228,675 14,300
Purchase of treasury stock (2,222) (1,006)
Cash dividends paid - common stock (2,656) (2,391)
Net cash provided by (used in) financing activities 38,501 (31,891)
Net increase (decrease) in cash and cash equivalents 49,300 (17,608)
Cash and cash equivalents, beginning of period 50,994 93,450
Cash and cash equivalents, end of period 100,294 75,842
Cash paid during the period for:    
Interest 16,041 18,347
Income taxes 597 0
Non-cash investing and financing activities:    
Other real estate and repossessed assets acquired in settlement of loans 0 2,730
Right of use assets obtained in exchange for new operating lease liabilities 1,351 0
Dividends declared not paid - common stock $ 1,389 $ 1,329