v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 6,513 $ 4,440
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 621 745
Provision for credit losses 303 413
Gain on sale of mortgage loans (9)
Gain on sale or disposal of premises and equipment (9) (2)
Gain on sale of other real estate owned (37) (6)
Loans originated for sale (112) (380)
Proceeds from sales of loans originated for sale 112 389
Net amortization/accretion of bond premiums/discounts 34 37
Deferred tax benefit (2)
Net change in:    
Accrued interest receivable (300) (123)
Other assets 683 (542)
Accrued interest payable (171) (15)
Accrued expenses and other liabilities 173 (102)
Net cash provided by operating activities 7,808 4,845
CASH FLOWS FROM INVESTING ACTIVITIES    
Net increase in loans (24,386) (38,350)
Purchase of securities available-for-sale (9,908) (4,770)
Proceeds from repayments and maturities of securities available-for-sale 6,677 6,067
Net purchase of equity securities (restricted) (38) (258)
Payments for the purchase of premises and equipment and software (123) (444)
Proceeds from sale of premises and equipment 9 2
Proceeds from sale of other real estate owned 69 50
Proceeds from bank owned life insurance benefit 5,417
Net cash used in investing activities (27,700) (32,286)
CASH FLOWS FROM FINANCING ACTIVITIES    
Increase in short-term borrowings 5,000
Repayment of long-term debt (3,000)
Net change in noninterest bearing deposits 21,720 8,629
Net change in interest-bearing deposits 7,493 23,298
Dividends paid (2,120) (1,889)
Repurchase of common stock (98) (106)
Net cash provided by financing activities 26,995 31,932
Net increase in cash and cash equivalents 7,103 4,491
Cash and cash equivalents, beginning of the period 77,210 67,668
Cash and cash equivalents, end of the period 84,313 72,159
Supplemental disclosure of cash paid during the period for:    
Interest 7,744 7,500
Taxes 1,931 880
Supplemental disclosure of non-cash transactions:    
Transfer of loans to other real estate owned 168 14
Change in unrealized losses on securities available-for-sale (1,020) 2,099
Transfer of loans receivable to loans held for sale $ 1,334