v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 4,472 $ 2,554
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 331 386
Amortization of intangibles 6 6
Net amortization of securities 12 28
Amortization of debt issuance costs 6 6
Provision (recovery) of credit loss expense (305) 501
Deferred income tax (308) (229)
Net gain on sales of foreclosed assets 0 (8)
Net loss on sales of bank premises and equipment 186 0
Net gain on sale of loans (2,458) (1,631)
Net mortgage servicing rights amortization 35 74
Origination of loans held for sale (65,482) (55,746)
Proceeds from loans held for sale 62,818 50,810
Change in accrued interest receivable (756) (724)
Change in bank-owned life insurance (144) (140)
Change in other assets (297) (460)
Change in accrued interest payable and other liabilities 273 (161)
Net cash used in operating activities (1,611) (4,734)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities, paydowns and calls of available-for-sale debt securities 6,252 4,989
Purchases of available-for-sale debt securities (6,888) (7,051)
Net redemptions of FHLB stock 113 0
Loan (originations) and principal collections, net 21,142 13,482
Proceeds from sales of foreclosed assets 0 687
Proceeds from sales of bank premises and equipment 82 0
Purchases of bank premises and equipment, net (93) (189)
Net cash provided by (used in) investing activities 20,608 11,918
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in deposits 5,115 29,648
Net change in securities sold under agreements to repurchase (1,259) (413)
Cash dividends paid (594) (599)
Purchases and retirement of common stock 0 (263)
Net change in short-term FHLB advances and other borrowings (22,000) (35,000)
Proceeds from stock options exercised 122 1
Net cash used in financing activities (18,616) (6,626)
Increase in cash and cash equivalents 381 558
Cash and cash equivalents:    
Beginning of the year 49,639 44,976
Ending of the period 50,020 45,534
Cash payments for interest paid:    
Deposits 6,356 6,910
Securities sold under agreements to repurchase 151 177
FHLB advances and other borrowings 513 491
Total 7,020 7,578
SUPPLEMENTAL DISCLOSURES OF NONCASH AND FINANCING ACTIVITIES:    
Dividends payable 607 609
Lease liabilities arising from obtaining right-of-use assets $ 0 $ 250