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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Statement Of Cash Flows [Abstract]    
Net cash provided by operating activities $ 27,421 $ 34,295
Cash flows used for investing activities:    
Maturities, paydowns and calls of investments in time deposits 245  
Proceeds from sale of time certificates 742  
Maturities, paydowns and calls of securities, available-for-sale 36,910 41,492
Purchases of securities, available-for-sale (117,974) (184,119)
Proceeds from sale of securities available-for-sale 57,322 1,785
Purchase of other securities (1,606)  
Redemption of other securities 1,592 3,526
Purchase of equity securities (1,000)  
Sale of equity securities   1,785
Net change in loans (158,909) 54,926
Proceeds from sale of other real estate owned properties   118
Proceeds from sale of premises and equipment   13
Acquisition, net of cash acquired (21,870)  
Premises and equipment purchases (3,208) (1,689)
Net cash used for investing activities (207,756) (83,948)
Cash flows from financing activities:    
Repayment of long-term FHLB advances (89,983) (50,000)
Net change in short-term FHLB advances 55,000  
Increase in deposits 20,358 245,368
Decrease in securities sold under repurchase agreements (5,340) (5,583)
Purchase of treasury shares (16,734) (20,557)
Common dividends paid (6,291) (5,932)
Net cash provided (used) by financing activities (42,990) 163,296
Increase (decrease) in cash and cash equivalents (223,325) 113,643
Cash and cash equivalents at beginning of period 264,239 139,522
Cash and cash equivalents at end of period 40,914 253,165
Cash paid during the period for:    
Interest 4,969 4,995
Income taxes 3,737 4,690
Supplemental cash flow information:    
Transfer of loans from portfolio to other real estate owned   26
Transfer of premises to held-for-sale   73
Change in fair value of swap asset (7,376) 8,906
Change in fair value of swap liability 7,376 (8,906)
Securities purchased not settled 2,611 $ 3,857
The Company purchased all of the capital stock of Comunibanc Corp. for $46,090 on July 1, 2022. In conjunction with the acquisition, liabilities were assumed as follows:    
Fair value of assets acquired 340,649  
Less: common stock issued 21,122  
Cash paid for the capital stock 24,968  
Liabilities assumed $ 294,559