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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 10,837 $ 10,568 $ 10,414
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of premises, equipment and software 890 853 745
Deferred income taxes (131) (36) 66
(Recovery of) provision for loan losses (655) 1,650 1,140
Gain on sale of loans, net (1,449) (1,951) (462)
Security amortization, net of accretion 1,288 926 478
Secondary market loan sale proceeds 46,783 60,765 19,671
Originations of secondary market loans held-for-sale (42,394) (59,410) (19,820)
Earnings on bank-owned life insurance (619) (522) (446)
Effects of changes in operating assets and liabilities:      
Net deferred loan fees (costs) (386) 1,169 46
Accrued interest receivable 523 (518) (60)
Accrued interest payable (33) (36) 39
Other assets and liabilities 363 714 87
Net cash provided by operating activities 15,017 14,172 11,898
Securities:      
Proceeds from repayments, available-for-sale 47,925 54,315 20,597
Proceeds from repayments, held-to-maturity 8,660 8,280 6,861
Purchases, available-for-sale (46,267) (132,406) (45,858)
Purchases, held-to-maturity (122,580) (3,425)  
Purchase of bank-owned life insurance (2,000) (2,000) (4,894)
Loan originations and payments, net 58,374 (59,547) (2,734)
Proceeds from sale of other real estate   95  
Proceeds from sale of assets   716  
Purchases of premises and equipment (1,989) (1,990) (2,655)
Purchases of software (108) (152) (131)
Net cash used in investing activities (57,985) (136,114) (28,814)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net change in deposits 111,185 208,016 77,048
Net change in short-term borrowings (685) (1,674) 1,474
Proceeds from other borrowings   5,000  
Repayment of other borrowings (1,257) (6,666) (2,195)
Cash dividends paid (3,331) (3,099) (2,962)
(Purchase) issuance of treasury stock (939)   4
Net cash provided by financing activities 104,973 201,577 73,369
NET INCREASE IN CASH AND CASH EQUIVALENTS 62,005 79,635 56,453
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 181,652 102,017 45,564
CASH AND CASH EQUIVALENTS AT END OF YEAR 243,657 181,652 102,017
Cash paid during the year for:      
Interest 2,045 2,950 4,023
Income taxes 2,425 $ 2,300 4,725
Noncash investing activities:      
Transfer of securities from available-for-sale to held-to-maturity $ 77,194    
Lease adoption:      
Right of use lease asset     477
Lease liability     $ 469