Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities:
Net earnings	$ 1,931	$ 2,501
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization	180	181
Credit loss expense	211	243
Net amortization of deferred loan fees	30	50
Net accretion of discounts on debt securities	(78)	(69)
Gain on sale of loans held for sale	(71)	(54)
Proceeds from the sale of loans held for sale	13,396	13,681
Loans originated as held for sale	(11,620)	(14,674)
Stock issued as compensation to directors	41	40
Stock-based compensation expense	119	83
Income from bank-owned life insurance	(100)	(94)
Net increase in accrued interest receivable	(351)	(238)
Net change in operating leases	6	6
Net (increase) decrease in other assets	(442)	192
Net decrease in other liabilities and official checks	(1,306)	(2,640)
Net cash provided by (used in) operating activities	1,946	(792)
Cash flows from investing activities:
Loan originations, net of principal repayments	(20,940)	(15,100)
Principal repayments of debt securities available for sale	1,679	1,720
Maturities and calls of debt securities available for sale	5,060	6
Purchase of Federal Home Loan Bank stock	(265)	(582)
Purchase of premises and equipment	(110)	(52)
Net cash used in investing activities	(14,576)	(14,008)
Cash flows from financing activities:
Net increase (decrease) in deposits	3,025	(14,299)
Change in other borrowings	0	(2,550)
Increase in Federal Home Loan Bank advances	5,000	15,000
Proceeds from stock options exercised	481	273
Common stock dividends paid	(818)	(698)
Net cash provided by (used in) financing activities	7,688	(2,274)
Net decrease in cash and cash equivalents	(4,942)	(17,074)
Cash and cash equivalents at beginning of period	28,416	39,788
Cash and cash equivalents at end of period	23,474	22,714
Supplemental disclosure of cash flow information
Interest	3,948	1,580
Income taxes	0	0
Noncash transactions:
Accumulated other comprehensive (loss) income, net change in unrealized loss on debt securities available for sale, net of income tax benefit (expense)	(291)	1,478
Impact of adopting ASC 326 (net of tax)	$ 0	$ 1,946

Prime Meridian Holding Co 10-Q