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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Cash Flows from Operating Activities:      
Net income $ 11,289,000 $ 8,542,000  
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 0 953,000 $ 8,916,000
Depreciation 580,000 521,000  
Net accretion of acquisition accounting adjustments (948,000) (957,000)  
Core deposit intangible amortization 381,000 427,000  
Net amortization of securities 406,000 202,000  
Net gain on sale or call of securities available for sale 0 (814,000)  
Gain on sale of loans held for sale (1,318,000) (549,000)  
Proceeds from sales of loans held for sale 40,166,000 25,655,000  
Originations of loans held for sale (41,186,000) (25,745,000)  
Net loss (gain) on other real estate owned 111,000 (27,000)  
Net loss on sale or disposal of premises and equipment 49,000 82,000  
Equity based compensation expense 363,000 404,000  
Earnings on bank owned life insurance (153,000) (153,000)  
Deferred income tax expense 106,000 800,000  
Net change in other assets 389,000 (179,000)  
Net change in other liabilities 3,420,000 (1,401,000)  
Net cash provided by operating activities 13,655,000 7,761,000  
Cash Flows from Investing Activities:      
Proceeds from sales of securities available for sale 0 5,811,000  
Proceeds from maturities, calls and paydowns of securities available for sale 55,825,000 94,731,000  
Purchases of securities available for sale (78,165,000) (58,129,000)  
Net change in restricted stock 691,000 (52,000)  
Net decrease (increase) in loans 37,381,000 (23,295,000)  
Proceeds from sale of premises and equipment 4,000 0  
Purchases of premises and equipment (246,000) (907,000)  
Proceeds from sales of other real estate owned 404,000 144,000  
Net cash provided by investing activities 15,894,000 18,303,000  
Cash Flows from Financing Activities:      
Net change in noninterest-bearing deposits 77,627,000 (10,834,000)  
Net change in interest-bearing deposits (56,401,000) 21,027,000  
Net change in customer repurchase agreements (3,346,000) 1,639,000  
Common stock dividends paid (2,955,000) (2,956,000)  
Repurchase of common stock (1,594,000) (4,981,000)  
Proceeds from exercise of stock options 0 29,000  
Net cash provided by financing activities 13,331,000 3,924,000  
Net Increase in Cash and Cash Equivalents 42,880,000 29,988,000  
Cash and Cash Equivalents at Beginning of Period 374,370,000 79,582,000 79,582,000
Cash and Cash Equivalents at End of Period $ 417,250,000 $ 109,570,000 $ 374,370,000