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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) [Abstract]    
Net cash provided by operating activities: $ 10,707 $ 14,147
Investing activities:    
Proceeds from maturities and paydowns of securities available for sale 25,533 16,090
Purchases of securities available for sale (128,277) 0
Proceeds from calls and maturities of securities held to maturity 61 262
Purchases of securities held to maturity 0 (586)
Proceeds from maturities of certificates of deposit in financial institutions 0 2,100
Purchases of certificates of deposit in financial institutions 0 (245)
Purchases of restricted investments in bank stocks (80) (969)
Redemptions of restricted investments in bank stocks 110 1,860
Net change in loans (77,700) (76,950)
Purchases of premises and equipment (1,200) (1,984)
Reimbursement of building grant 0 (100)
Purchase of bank owned life insurance and annuity assets (772) (250)
Withdrawals from bank owned life insurance and annuity asset 189 36
Net cash (used in) investing activities (182,136) (60,736)
Financing activities:    
Change in deposits 134,284 67,885
Cash dividends (3,141) (3,820)
Purchases of treasury stock (1,931) (82)
Proceeds from Federal Home Loan Bank borrowings 0 30,000
Repayment of Federal Home Loan Bank borrowings (3,772) (2,212)
Change in other short-term borrowings 67 18
Net cash provided by financing activities 125,507 91,789
Change in cash and cash equivalents (45,922) 45,200
Cash and cash equivalents at beginning of period 128,126 45,990
Cash and cash equivalents at end of period 82,204 91,190
Supplemental disclosure:    
Cash paid for interest 18,205 5,762
Cash paid for income taxes 2,600 2,300
Operating lease liability arising from obtaining right-of-use asset $ 0 $ 187