v3.26.3
Consolidated Statements Of Cash Flows - USD ($)
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities    
Net Income $ 9,335,000 $ 6,299,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,039,000 993,000
Net amortization and accretion of premiums and discounts on securities (7,000) 187,000
Amortization of debt issuance costs   2,000
Gains on sales and calls of securities available-for-sale (1,000) (27,000)
Gain on sale of equipment   (28,000)
Gain on sales of loans held for sale (4,031,000) (3,668,000)
Proceeds from sales of loans held for sale 143,909,000 150,446,000
Origination of loans held for sale (139,080,000) (146,928,000)
Provision for (recovery of) credit losses 239,000 (301,000)
Amortization of intangibles 420,000 420,000
Bank owned life insurance income (643,000) (573,000)
Write down of other real estate owned 84,000  
Decrease in accrued interest receivable 18,000 64,000
(Increase) decrease in other assets (911,000) 786,000
Increase in accrued interest payable 26,000 570,000
Increase in other liabilities 1,309,000 1,444,000
Net cash provided by operating activities 11,706,000 9,686,000
Cash flows from investing activities    
Purchases of securities available-for-sale (38,272,000) (29,411,000)
Proceeds from maturities, calls and paydowns of securities available-for-sale 7,724,000 19,524,000
Proceeds from sales and calls of securities available-for-sale 5,588,000 4,227,000
Purchases of restricted securities (44,000) (7,000)
Origination of loans, net of principal collected (33,020,000) (16,218,000)
Purchases of premises and equipment (770,000) (532,000)
Proceeds from sales of equipment   46,000
Purchase of SBIC investment (200,000) (350,000)
Net cash used in investing activities (58,994,000) (22,721,000)
Cash flows from financing activities    
Net increase in deposits 26,466,000 37,392,000
Principal payments on finance lease obligations (346,000) (337,000)
Repayment of capital notes   (10,050,000)
Repayment of other borrowings (190,000) (464,000)
Dividends paid to common stockholders (1,362,000) (1,364,000)
Net cash provided by financing activities 24,568,000 25,177,000
(Decrease) increase in cash and cash equivalents (22,720,000) 12,142,000
Cash and cash equivalents at beginning of period 84,475,000 73,309,000
Cash and cash equivalents at end of period 61,755,000 85,451,000
Noncash transactions    
Unrealized (losses) gains on securities available-for-sale (12,119,000) 9,077,000
Transfer of premises to other real estate owned 276,000  
Unsettled redemption of securities available-for-sale 1,576,000  
Cash transactions    
Cash paid for interest 9,285,000 9,804,000
Cash paid for income taxes $ 2,700,000 $ 1,040,000