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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 2,637 $ 2,547
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on sales of loans originated for sale (133) (98)
Gain on sales of foreclosed assets held for resale, including writedowns (3) (15)
Earnings on investment in bank-owned life insurance (255) (268)
Restricted stock compensation expense 59 0
Depreciation and amortization 470 453
Provision for loan losses 0 0
Net amortization of investment securities premiums 139 146
(Increase) decrease in accrued interest receivable (120) 2
Increase (decrease) in accrued interest payable 48 (13)
Mortgage loans originated for sale (6,798) (5,022)
Proceeds from sales of loans originated for sale 8,235 6,096
Increase in other assets (1,471) (1,292)
Increase in other liabilities 1,494 1,261
Net Cash Provided by Operating Activities 4,302 3,797
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities of investment securities held to maturity 1,748 1,778
Proceeds from maturities of investment securities available for sale 6,014 7,229
Purchase of restricted investment in bank stocks (740) (426)
Net increase in loans (44,615) (14,310)
Capital expenditures (367) (775)
Proceeds from sales of foreclosed real estate 174 104
Net Cash Used in Investing Activities (37,786) (6,400)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in demand deposits 5,561 2,119
Net increase (decrease) in time certificates of deposits and interest bearing deposits 17,312 (2,284)
Net decrease in short-term borrowings (6,622) (2,710)
Proceeds from long-term borrowings 16,000 9,000
Repayments on long-term borrowings 0 (5,000)
Dividends paid (1,213) (1,208)
Common stock issued 31 105
Net Cash Provided by Financing Activities 31,069 22
Net Decrease in Cash and Cash Equivalents (2,415) (2,581)
CASH AND CASH EQUIVALENTS — BEGINNING 18,931 18,757
CASH AND CASH EQUIVALENTS — ENDING 16,516 16,176
Interest paid 1,019 970
Income taxes paid 750 950
Loans transferred to foreclosed assets held for resale and other foreclosed transactions 0 73
Premises and equipment transferred to fixed assets held for sale $ 0 $ 774