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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities    
Net income $ 37,429 $ 29,184
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision (credit) for credit losses (641) 6,191
Depreciation 1,262 1,163
Accretion on loans (1,687) (1,815)
Amortization of intangibles 214 214
Amortization of subordinated notes issuance costs 71 53
Deferred income tax provision (benefit) (3,350)  
Charges on redemption of subordinated notes   500
Investment securities losses   568
Stock-based compensation 1,883 1,097
Net amortization of investment premiums 622 673
Earnings on bank owned life insurance (584) (683)
Gain on bank owned life insurance proceeds   (3,590)
Gain on sale of asset   (1,236)
Proceeds from sale of loans 18,033  
Valuation loss on loans held-for-sale 4,480  
Net change in:    
Accrued interest receivable (157) (3,834)
Other assets (8,055) (920)
Other liabilities (74) 2,522
Net cash from/(used by) operating activities 49,446 30,087
Cash flows from investing activities    
Purchases of investment securities available-for-sale (20,358) (18,913)
Proceeds from sale of investment securities available-for-sale 0 13,688
Proceeds from paydowns of investment securities available-for-sale 26,857 28,457
Proceeds from maturities and calls of investment securities available-for-sale 12,226 12,101
Purchase of restricted investment in bank stocks (2,150) (41,173)
Proceeds from redemptions of restricted investment in bank stocks 2,051 43,973
Net increase in loans (75,515) (121,093)
Purchases of premises and equipment (951) (1,821)
Proceeds from sale of premises and equipment   2,535
Proceeds from bank owned life insurance   13,486
Net cash from/(used by) investing activities (57,840) (68,760)
Cash flows from financing activities    
Net increase in deposits 55,967 125,511
Net change in FHLB advances, short term   (91,000)
Redemption of subordinated notes   (20,000)
Issuance of subordinated notes, net of issuance costs   25,000
Capital raise, net of issuance costs   43,560
Cash dividends paid (7,234) (4,694)
Purchases of treasury stock   (158)
Net cash from/(used by) financing activities 48,733 78,219
Net change in cash and cash equivalents 40,339 39,546
Beginning cash and cash equivalents 204,232 150,334
Ending cash and cash equivalents 244,571 189,880
Supplemental cash flow information:    
Interest paid 19,869 24,019
Income taxes paid 9,495 6,600
Supplemental noncash disclosures:    
Lease liabilities arising from obtaining right-of-use assets 232 $ 1,182
Loans transferred to held-for-sale, net of valuation allowance 63,594  
Liability to equity change for RSU's $ 2,344