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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net income $ 6,187 $ 1,930
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Depreciation and amortization 579 574
Right of use asset amortization 167 163
Provision for (recovery of) loan losses (175) 1,399
Gain on sale of securities available for sale (991) (58)
Gain on sale of mortgage loans 5,414 3,140
Gain on sale of premises and equipment (41)  
Gain on sale of OREO   (53)
OREO write-downs   21
Realized/unrealized (gain) loss on equity securities 12 (333)
Net amortization of premium on investment securities available for sale 467 241
Net amortization of premium on investment securities held to maturity 88 71
Amortization of loan servicing rights 763 498
Originations and purchases of mortgage loans for sale (198,092) (127,274)
Proceeds from sales of mortgage loans for sale 188,505 122,060
Mortgage banking derivatives 174  
Loan servicing assets (1,727) (1,204)
Accrued interest receivable 352 (618)
Prepaid assets 67 (494)
Cash surrender value of life insurance (64) (70)
Miscellaneous other assets 1,843 1,727
Accrued interest payable (9) (26)
Miscellaneous other liabilities (172) (1,411)
Net cash provided by operating activities 3,347 283
Cash flows from investing activities    
Proceeds from sales of investment securities available for sale 49,280 7,586
Proceeds from sale of equity securities 929  
Proceeds from maturities, calls and paydowns of securities available for sale 9,506 3,425
Proceeds from maturities, calls and paydowns of securities held to maturity 816 2,593
Purchase of investment securities available for sale (70,660) (29,574)
Purchase of investment securities held to maturity (500) (16,580)
Purchase of equity securities   (901)
Purchase of investments in other assets (38) (1,100)
Proceeds from sales of investments in other assets 1,125  
Net change in restricted stock 245 (22)
Net (increase) decrease in loans 29,635 (96,860)
Purchase of premises and equipment (510) (403)
Proceeds from sale of OREO   167
Net cash provided (used) by investing activities 20,164 (131,669)
Proceeds from sale of premises and equipment 336  
Cash flows from financing activities    
Net increase in deposit accounts 16,097 88,220
Net increase (decrease) in federal funds purchased and other short-term borrowings 561 (127)
Proceeds from long-term borrowings   1,000
Repayment of long-term borrowings (1,000)  
Repurchase of common stock, net (687) (691)
Dividends paid on preferred stock (noncontrolling interest) (280) (282)
Net cash provided by financing activities 14,691 88,120
Increase (decrease) in cash and cash equivalents 38,202 (43,266)
Cash and cash equivalents, beginning of period 88,868 155,198
Cash and cash equivalents, end of period 127,070 111,932
Supplemental disclosures of cash flow information    
Interest paid 665 1,293
Income taxes paid 1,278 615
Supplemental schedule of non-cash activities    
Net change in fair value of securities available for sale, net of tax $ (2,897) 2,840
Company financed OREO   $ 90