v3.26.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities:    
Net earnings $ 15,359 $ 13,197
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation, amortization and accretion 1,980 2,118
Provision for credit losses 1,103 585
Deferred income taxes 97 348
Gain on sale of held for mortgage loans (348) (188)
Loss on sale of investment securities net 0 4
Write-down of premises and equipment 0 71
Gain on sale of other real estate 0 (13)
Restricted stock expense 181 79
Proceeds from sales of mortgage loans held for sale 20,497 9,169
Origination of mortgage loans held for sale (19,746) (8,958)
Cash surrender value of life insurance (396) (365)
Change in:    
Right of use lease asset 501 350
Other assets 292 453
Lease liability (493) (340)
Other liabilities 1,226 (428)
Net cash provided by operating activities 20,253 16,082
Cash flows from investing activities:    
Purchases of investment securities available for sale (6,589) (6,209)
Proceeds from calls and maturities of investment securities available for sale 4,000 3,000
Proceeds from sales of investment securities available for sale 0 12,733
Proceeds from paydowns of investment securities available for sale 24,332 13,786
Proceeds from paydowns of other investment securities 106 193
Proceeds from DOT settlement receivable 3,009 0
Purchase of FHLB stock (35) (11)
Net change in loans (99,081) (45,412)
Purchases of premises and equipment (1,245) (1,179)
Proceeds from bank owned life insurance 0 330
Proceeds from sale of other real estate and repossessions 0 382
Net cash used by investing activities (75,503) (22,387)
Cash flows from financing activities:    
Net change in deposits 58,590 68,159
Restricted stock units vested 74 50
Cash dividends paid on common stock (4,369) (4,154)
Net cash provided by financing activities 54,295 64,055
Net change in cash and cash equivalents (955) 57,750
Cash and cash equivalents at beginning of period 58,105 59,266
Cash and cash equivalents at end of period 57,150 117,016
Cash paid during the period for:    
Interest 17,126 18,478
Income taxes 4,011 4,011
Noncash investing and financing activities:    
Change in unrealized loss on investment securities available for sale, net (10,526) 9,811
Initial recognition of lease right-of-use asset and lease liability $ 0 $ 263