v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Statement of Cash Flows [Abstract]    
Net income $ 7,813 $ 7,991
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization of investment premiums and discounts and change in fair value of equity securities 221 1,091
Depreciation and amortization (accretion), net 220 (23)
Provision for credit losses 10,461 9,015
Amortization of issuance costs on subordinated debt 63 62
Stock based compensation 86 174
Net change in fair value of derivative instruments 155 (47)
Net change in fair value of loans held for sale 193 (273)
Net change in fair value of loans held for investment (26) (360)
Amortization and net impairment of servicing rights 132 637
Net loss (gain) on sale of MSRs 159 (415)
Gain on sale of OREO 0 (15)
SBA loan income (765) (2,736)
Proceeds from sale of loans 418,882 371,239
Loans originated for sale (429,588) (373,476)
Mortgage banking income (10,623) (9,155)
Decrease (increase) in accrued interest receivable 44 (376)
Decrease in other assets 5,896 4,829
Earnings from investment in bank owned life insurance (517) (462)
Increase in deferred income tax (239) (854)
(Decrease) increase in accrued interest payable (944) 199
Increase (Decrease) in other liabilities 310 (973)
Net cash provided by operating activities 1,933 6,072
Activity in available-for-sale securities:    
Maturities, repayments and calls 13,571 6,832
Purchases (21,107) (20,443)
Activity in held-to-maturity securities:    
Maturities, repayments and calls 0 999
Proceeds from sale of OREO 0 15
Proceeds from sale of MSRs 0 502
Proceeds from sale of loans held for investment 18,608 51,661
Net redemptions (purchases) of restricted investments in bank stocks 327 (1,409)
Net increase in loans (36,473) (137,816)
Purchases of premises and equipment (696) (890)
Net cash used in investing activities (25,770) (100,549)
Cash flows from financing activities:    
Net increase in deposits 36,310 105,006
Decrease in short-term borrowings with maturities > 90 days (9,806)
Increase in short-term borrowings with maturities less than 90 days 500 14,494
Repayment of subordinated debt (211) (13)
Dividends paid (3,323) (2,820)
Stock based awards and exercises 796 522
Net cash provided by financing activities 24,266 117,189
Net change in cash and cash equivalents 429 22,712
Cash and cash equivalents at beginning of period 35,778 27,462
Cash and cash equivalents at end of period 36,207 50,174
Cash paid during the period for:    
Interest 36,443 39,245
Federal 0 3,510
State 415 459
Total Income taxes paid 415 3,969
Net loans sold, not settled 1,460 2,980
Non-cash transfers from long-term borrowings to short-term borrowings 10,594 0
Non-cash transfers from loans receivable to OREO 0 719
Non-cash transfers from loans receivable to repossessed assets $ 20 $ 2,429