v3.26.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities    
Net Income $ 9,022 $ 7,944
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,328 1,378
Net amortization and accretion of premiums and discounts on securities 211 571
Amortization of debt issuance costs 2 6
Gain on sales of available-for-sale securities, net (27) (62)
Gain on sale of equipment (28)  
Gain on sales of loans held for sale (4,853) (4,494)
Proceeds from sales of loans held for sale 177,382 192,805
Origination of loans held for sale (172,385) (190,669)
Deferred income taxes (156) 28
Recovery of credit losses (35) (655)
Amortization of intangibles 561 560
Bank owned life insurance income (769) (721)
Increase in accrued interest receivable (315) (230)
Decrease in other assets 979 50
Increase in interest payable 445 242
Increase in other liabilities 298 1,756
Net cash provided by operating activities 11,660 8,509
Cash flows from investing activities    
Purchases of securities available-for-sale (44,263) (20,752)
Proceeds from maturities, calls and paydowns of securities available-for-sale 23,754 15,854
Proceeds from sales of securities available-for-sale 4,227 31,353
Purchases of bank owned life insurance   (600)
Purchases of restricted securities (7) (280)
Origination of loans, net of principal collected (24,639) (34,098)
Purchases of premises and equipment (1,165) (2,550)
Proceeds from sales of equipment 46  
Purchase of SBIC investments (350) (100)
Net cash used in investing activities (42,397) (11,173)
Cash flows from financing activities    
Net increase in deposits 54,725 3,945
Principal payments on finance lease obligations (451) (402)
Repayment of capital notes (10,050)  
Repayment of other borrowings (504) (590)
Dividends paid to common stockholders (1,817) (1,818)
Net cash provided by financing activities 41,903 1,135
Increase (decrease) in cash and cash equivalents 11,166 (1,529)
Cash and cash equivalents at beginning of period 73,309 74,838
Cash and cash equivalents at end of period 84,475 73,309
Noncash transactions    
Unrealized gains on securities available-for-sale 10,098 (1,644)
Lease liabilities arising from right-of-use assets   212
Cash transactions    
Cash paid for interest 13,403 15,165
Cash paid for income taxes $ 2,340 $ 1,850