v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Cash Flows from Operating Activities:          
Net income $ 9,959,000 $ 6,321,000 $ 19,722,000 $ 13,501,000  
Adjustments to reconcile net income to net cash provided by operating activities:          
Provision for Credit Losses 600,000 860,000 270,000 1,110,000  
Change in deferred loan origination costs/fees, net     (21,000) (89,000)  
Depreciation of premises and equipment and amortization of intangibles     904,000 722,000  
Stock-based compensation expense     328,000 177,000  
Amortization of discount on subordinated debentures     20,000 0  
Amortization of core deposit intangible     1,147,000 0  
Accretion of premium on time deposits     63,000 0  
Amortization of investment security premiums     297,000 357,000  
Accretion of investment security discounts     (636,000) (608,000)  
Net gain on sale of investment securities     0 (3,000)  
Loans originated for sale     0 (75,000)  
Accretion of discount on loans     (2,055,000) 0  
Gain on sale of other real estate (104,000)   (104,000) 0  
Loss on sale of other vehicles     3,000 18,000  
Earnings on bank-owned life insurance     (544,000) (217,000)  
Decrease (increase) in accrued interest receivable and other assets     5,447,000 (7,027,000)  
(Decrease) increase in accrued interest payable and other liabilities     (3,749,000) 1,702,000  
Net cash provided by operating activities     21,092,000 9,568,000  
Cash Flows from Investing Activities:          
Proceeds from principal repayments from available-for-sale securities     22,559,000 19,439,000  
Proceeds from matured and called available-for-sale securities     865,000 655,000  
Proceeds from sale of available-for-sale securities     0 1,122,000 $ 130,635,000
Purchases of available-for-sale securities     (16,869,000) (16,560,000)  
Purchase of Federal Reserve Bank stock     0 (4,000)  
Net decrease (increase) in loans     1,458,000 (2,629,000)  
Proceeds from sale of other real estate     196,000 0  
Proceeds from sale of other vehicles     40,000 234,000  
Purchase of premises and equipment     (269,000) (204,000)  
Net cash provided by investing activities     7,980,000 2,053,000  
Cash Flows from Financing Activities:          
Net increase (decrease) in demand, interest bearing and savings deposits     43,885,000 (36,870,000)  
Net increase in time deposits     31,513,000 32,596,000  
Net decrease in securities sold under agreements to repurchase     (38,638,000) (7,133,000)  
Cash dividends paid on common stock     (4,608,000) (3,549,000)  
Decrease in other borrowings     (5,000,000) 0  
Repurchase of common stock     (2,783,000) 0  
Proceeds from exercise of stock options 101,000 254,000 1,489,000 583,000  
Net cash provided by (used in) financing activities     25,858,000 (14,373,000)  
Increase (decrease) in cash and cash equivalents     54,930,000 (2,752,000)  
Cash and Cash Equivalents at Beginning of Period     80,616,000 82,018,000 82,018,000
Cash and Cash Equivalents at End of Period 135,546,000 79,266,000 135,546,000 79,266,000 $ 80,616,000
Supplemental Disclosure of Cash Flow Information:          
Interest expense     8,527,000 4,776,000  
Income taxes     4,145,000 6,985,000  
Supplemental noncash disclosures          
Real estate and vehicles acquired through foreclosure/repossession $ 62,000 $ 145,000 62,000 145,000  
Common stock retired in connection with the exercise of stock options     91,000 86,000  
Lease liabilities arising from obtaining right-of-use assets     $ 0 $ 244,000