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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 1,753 $ 2,674
Adjustments To Reconcile Net Income To Net Cash Provided By Operating Activities:    
Depreciation Expense 509 518
Discount Accretion and Premium Amortization, net 945 1,160
Provision for Credit Losses 335 0
Earnings on BOLI [1] (173) (150)
Gain on Sales of Loans [1] (131) (194)
Amortization of Operating Lease ROU Assets 117 113
Proceeds From Sale of Loans Held For Sale 5,013 6,737
Origination of Loans Held For Sale (4,020) (5,870)
Increase in Accrued Interest Receivable (516) (549)
Change in Other Assets 11,702 (830)
Change in Lease Liabilities and Other Liabilities 72 2,355
Net Cash Provided By Operating Activities 15,606 5,964
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of AFS Securities (9,328) (3,487)
Proceeds from Paydowns and Maturities of AFS Securities 14,903 18,739
Purchase of HTM Securities 0 (15,587)
Proceeds from Paydowns and Maturities of HTM Securities 3,962 2,895
Purchase of FHLB Stock (119) (8)
Net Increase in Loans Receivable (24,641) (26,764)
Purchase and Improvement of Premises and Equipment (1,585) (1,233)
Net Cash Used By Investing Activities (16,808) (25,445)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Increase (Decrease) in Deposit Accounts 10,882 (1,412)
Increase in Other Borrowings, Net 348 230
Proceeds from FRB Borrowings 65,000 324,005
Repayment of FRB Borrowings (110,000) (306,710)
Purchases of Treasury Stock (99) 0
Proceeds from Employee Stock Purchase Plan 14 8
Dividends to Common Stock Shareholders (452) (423)
Net Cash (Used) Provided By Financing Activities (34,307) 15,698
Net Decrease in Cash and Cash Equivalents (35,509) (3,783)
Cash and Cash Equivalents at Beginning of Period 128,284 28,502
Cash and Cash Equivalents at End of Period 92,775 24,719
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash Paid for Interest 9,796 3,644
Non-Cash Transactions:    
Other Comprehensive (Income) Loss, Net of Tax $ 991 $ 5,578
[1] Not within the scope of ASC 606