v3.25.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating activities    
Net income $ 24,515 $ 20,569
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 2,743 2,933
Depreciation 2,543 3,301
Stock based compensation 760 483
Amortization of intangible assets 329 330
Gains on sales of other real estate owned, net (77) (161)
Write-downs of other real estate owned 1,676
Origination of loans held for sale (5,084) (10,641)
Proceeds from sales of loans held for sale 6,292 10,692
Gains on sales of loans held for sale (533) (414)
Losses on disposal of fixed assets, net 228  
Net accretion of investment securities discounts and premiums- AFS (193) (96)
Net accretion of investment securities discounts and premiums- HTM (576) (597)
Net gains on sales of investment securities - available-for-sale (97)  
Amortization of deferred loan fees (170) (175)
Deferred tax benefit (576) (825)
Earnings on bank owned life insurance (1,408) (1,345)
Amortization of operating lease right of use assets 189 163
Amortization of operating lease liabilities (204) (172)
(Increase)/decrease in accrued interest receivable and other assets (12,866) 2,553
Increase/(decrease) in accrued interest payable and other liabilities 1,883 (4,317)
Net cash provided by operating activities 19,374 22,281
Investing activities    
Proceeds from maturities/calls of investment securities available-for-sale 5,842 8,581
Proceeds from maturities/calls of investment securities held-to-maturity 7,021 43,929
Proceeds from sales of investment securities available-for-sale 8,965 0
Purchases of investment securities available-for-sale (22,255) (6,678)
Purchases of investment securities held-to-maturity (2,352) (4,546)
Purchases of equity securities with readily determinable fair market values (1,029)  
Proceeds from sales of other real estate owned 612 1,826
Net decrease/(increase) in FHLB stock 1,138 (518)
Net increase in loans (41,982) (79,106)
Purchases of premises and equipment (3,969) (1,923)
Net cash used in investing activities (48,009) (38,435)
Financing activities    
Net increase in deposits 160,320 23,852
Proceeds from issuance of common stock 315 290
Cash dividends paid on common stock (5,967) (5,373)
Net (decrease)/increase in short-term borrowings (47,748) 19,991
Stock repurchase   (4,032)
Proceeds from long-term borrowings   90,000
Payments on long-term borrowings (25,000) (80,000)
Net cash provided by financing activities 81,920 44,728
Increase in cash and cash equivalents 53,285 28,574
Cash and cash equivalents at beginning of the year 78,327 49,753
Cash and cash equivalents at end of period 131,612 78,327
Supplemental information    
Interest paid 34,177 32,138
Taxes paid 8,483 5,383
Non-cash investing activities:    
Transfers from loans to other repossessed assets   2,747
Transfers from loans to other real estate owned 230 $ 271
Transfers from bank premises and equipment to other assets $ 1,614