v3.26.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Consolidated Statements Of Cash Flows [Abstract]    
Net income $ 5,024 $ 4,430
Consolidated Statements Of Changes Of Cash Flows [Abstract]    
Provision for credit losses 604 582
Depreciation 123 118
Accretion, net (588) (384)
Deferred income tax benefit (246) (97)
Net loss on sale of equity security 0 103
Originations of loans held for sale (13,481) (9,173)
Proceeds from sale of loans held for sale 15,430 8,405
Net gains on sales of residential mortgage loans (145) (114)
Net losses (gains) on sales of commercial loans 0 18
Earnings on bank owned life insurance (245) (225)
Stock-based compensation expense 366 303
Net change in:    
Operating lease right-of-use asset 176 162
Accrued interest receivable and other assets 1,304 185
Operating lease liability (162) (146)
Accrued interest payable and other liabilities (3,431) (1,961)
Net cash from operating activities 4,729 2,206
Cash flows used by investing activities:    
Available-for-sale securities: Maturities, prepayments and calls 34  
Proceeds from the sale of equity security 0 4,897
Loan and lease originations and payments, net (21,688) (49,284)
Purchase of loans and leases (1,003)  
Proceeds from the sale of loans 0 20,441
Additions to premises and equipment (109) (54)
Redemption (purchase) of FHLB and FRB stock (10) 896
Other adjustments 55 176
Net cash used by investing activities (22,721) (22,928)
Cash flows from financing activities:    
Net change in deposits 28,753 27,894
Proceeds from FHLB advances and other debt 50 30
Repayments on FHLB advances and other debt (50) (30)
Net change in advances by borrowers for taxes and insurance (1,231) (892)
Cash dividends paid (583) (453)
Acquisition of treasury shares surrendered upon vesting of restricted stock for payment of taxes (160) (113)
Net cash from (used by) financing activities 26,779 26,436
Net change in cash and cash equivalents 8,787 5,714
Beginning cash and cash equivalents 258,972 235,272
Ending cash and cash equivalents 267,759 240,986
Supplemental cash flow information:    
Interest paid 14,483 16,084
Income tax paid 0 0
Supplemental noncash disclosures:    
Transfer from loans to foreclosed assets 0 $ 524
Loans transferred from held for sale to portfolio 173  
Initial recognition of operating right-of-use lease asset 355  
Initial recognition of operating lease asset $ 355