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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Net Income $ 9,908 $ 8,596 $ 8,249
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,105 1,110 1,135
Right of use asset amortization 386 377 356
Provision for (recovery of) credit losses 528 1,514 (1,759)
Loss on sale of securities available for sale   42 91
Loss on call of securities held to maturity 148    
Gain on sale of mortgage loans (1,000) (1,103) (3,030)
(Gain) loss on sale of premises and equipment 11 (167) (143)
OREO write-down 141    
Realized/unrealized (gain) loss on equity securities (32) (10) 100
Net amortization of premium on investment securities available for sale 1,702 1,939 2,583
Net amortization of premium on investment securities held to maturity 126 143 148
Amortization of loan servicing rights 1,213 1,228 1,343
Originations and purchases of mortgage loans for sale (109,352) (84,694) (114,762)
Proceeds from sale of mortgage loans for sale 110,486 83,876 136,702
Mortgage banking derivatives (231) (739) 1,394
Loan servicing assets (829) (584) (1,196)
Accrued interest receivable 38 (760) (1,079)
Prepaid assets 62 (591) 138
Cash surrender value of life insurance (145) (140) (124)
Miscellaneous other assets 334 882 351
Deferred income taxes (186) (794) 604
Accrued interest payable 91 306 101
Miscellaneous other liabilities (422) (1,094) (298)
Net cash provided by operating activities 14,082 9,337 30,904
Cash flows from investing activities      
Proceeds from sale of investment securities available for sale 0 11,329 8,398
Proceeds from maturities, calls and paydowns of securities available for sale 59,232 28,969 39,007
Proceeds from maturities, calls and paydowns of securities held to maturity 1,513 1,563 347
Purchase of investment securities available for sale (56,721) (45,644) (84,184)
Purchase of investments in other assets (564) (217) (396)
Proceeds from distributions of investments in other assets 224    
Proceeds from life insurance settlement     1,538
Net change in restricted stock (37) (244) (507)
Net increase decrease in loans (74,576) (94,953) (77,087)
Purchase of premises and equipment (846) (1,797) (436)
Proceeds from sale of premises, equipment and other assets 31 200 545
Net cash used by investing activities (71,744) (100,794) (112,775)
Cash flows from financing activities      
Net increase in deposit accounts 48,523 41,857 103,104
Net increase (decrease) in federal funds purchased and other short-term borrowings 35 335 (37)
Repayment of long-term borrowings (20) (580)  
Repurchase of common stock, net (1,467) (728) (451)
Dividends paid on preferred stock (noncontrolling interest) (566) (565) (565)
Cash paid for fractional shares (10) (9) (9)
Net cash provided by financing activities 46,495 40,310 102,042
Increase (decrease) in cash and cash equivalents (11,167) (51,147) 20,171
Cash and cash equivalents, beginning of year 63,434 114,581 94,410
Cash and cash equivalents, end of year 52,267 63,434 114,581
Supplemental disclosures of cash flow information      
Interest paid 18,624 12,633 3,637
Income taxes paid 3,062 2,427 1,221
Supplemental schedule of non-cash activities      
Net change in fair value of securities available for sale, net of tax $ 373 6,665 (30,614)
Initial right of use asset for leased properties     128
Initial lease liability for leased properties     $ 126
Loans transferred to foreclosed real estate   $ 142