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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 5,281 $ 6,412
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of premises and equipment 735 596
Amortization of right-of-use lease asset 104 92
Amortization of deferred loan costs 39 (107)
Amortization of intangibles 154 192
Amortization of low income housing partnerships 120 119
Provision for loan losses 3,500 1,050
Net unrealized gain (loss) on equity investment securities 123 (1)
Net gain (loss) on sale of other real estate owned (4) 8
Loans originated for sale (2,297) (1,501)
Proceeds from sale of loans originated for sale 3,023 2,278
Net gain on sale of loans originated for sale (10) (28)
Net amortization of investment securities 281 474
Net gain on sale of investment securities available-for-sale (267)  
Bank owned life insurance income (187) (186)
Deferred income tax expense 619 13
Stock based compensation 5 83
Net change in:    
Accrued interest receivable (302) (96)
Other assets (10,038) (3,836)
Accrued interest payable 59 (317)
Other liabilities 10,014 2,545
Net cash provided by operating activities 10,952 7,790
Cash flows from investing activities:    
Proceeds from sales of investment securities available-for-sale 26,502  
Proceeds from repayments of investment securities:    
Available-for-sale 17,522 14,287
Held-to-maturity 135 196
Purchases of investment securities:    
Available-for-sale (9,080) (13,021)
Net purchase of restricted equity securities (482) (964)
Net increase in lending activities (86,062) (26,629)
Purchases of premises and equipment (627) (1,062)
Proceeds from the sale of premises and equipment   23
Proceeds from sale of other real estate owned 157 84
Net cash used in investing activities (51,935) (27,086)
Cash flows from financing activities:    
Net increase (decrease) in deposits 38,506 (6,792)
Repayment of long-term debt (483) (460)
Net increase in short-term borrowings 12,000 22,500
Retirement of common stock (2,204)  
Cash dividends paid (2,662) (2,516)
Net cash provided by financing activities 45,157 12,732
Net increase (decrease) in cash and cash equivalents 4,174 (6,564)
Cash and cash equivalents at beginning of period 31,153 32,616
Cash and cash equivalents at end of period 35,327 26,052
Cash paid during the period for:    
Interest 4,222 4,821
Income taxes   1,100
Noncash items:    
Transfers of loans to other real estate 626 85
Right-of-use assets 899 5,513
Lease liabilities for operating leases $ 899 $ 5,513