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6 | CONSOLIDATED STATEMENTS OF CASH FLOWDecember 31, 2024 (unaudited) and 2023(dollars in thousands)2024 2023CASH FLOWSOperating ActivitiesNet Income $ 11,526 $ 11,049 Items not requiring (providing) cashDepreciation and amortization 953 963 Provision for credit losses 1,239 1,312 Amortization of premiums and discounts on debt securities 374 55 Amortization of intangibles 55 100 Net realized gain on premises and equipment (12) (69)Deferred income taxes 95 (331)Net realized (gain) loss on available for sale debt securities (5) 595 Changes in:Interest receivable (682) (439)Right-of-use assets 169 225 Other assets (2,943) (1,100)Operating lease liability (175) (234)Other liabilities and interest payments 1,662 183 NET CASH PROVIDED BY OPERATING ACTIVITIES 12,256 12,309 Investing ActivitiesPurchases of available for sale debt securities (7,267) (15,850)Proceeds from maturities, calls and paydowns ofavailable for sale debt securities 13,996 21,092 Proceeds from the sale of available for sale debt securities 440 12,034 (Purchase) redemption of Federal Reserve and other bank stock (209) 1,044 Net change in loans (74,981) (78,793)Purchase of premises and equipment (1,938) (183)Proceeds from the sale of premises and equipment 12 137 NET CASH USED IN INVESTING ACTIVITIES (69,947) (60,519)Financing ActivitiesNet increase in deposits 1,370 3,261 Repurchase of common stock (582) (196)Dividends paid (2,706) (2,523)NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (1,918) 542 Decrease in cash and cash equivalents (59,609) (47,668)Cash and cash equivalents, Beginning of Year 94,157 141,825 CASH AND CASH EQUIVALENTS, END OF YEAR $ 34,548 $ 94,157Supplemental Cash Flow InformationInterest paid $ 18,148 $ 11,718 Income taxes paid 2,732 2,950 Impact of adoption of ASC 326 %u2014 (511)