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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 9,788,000 $ 10,869,000 $ 11,017,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sales of loans originated for sale (506,000) (661,000) (491,000)
Gain on sales of foreclosed assets held for resale, including writedowns (28,000) (105,000) (67,000)
Gain on sale of premises and equipment 0 (449,000) 0
Earnings on investment in bank-owned life insurance (1,075,000) (1,100,000) (1,100,000)
Gain on sales or calls of securities 0 (26,000) (261,000)
Restricted stock compensation expense 133,000 59,000 0
Depreciation and amortization 2,292,000 1,800,000 1,755,000
Provision for loan losses 0 0 0
Net amortization of investment securities premiums 518,000 554,000 668,000
Increase in accrued interest receivable (512,000) (142,000) (66,000)
Increase in accrued interest payable 326,000 22,000 42,000
Mortgage loans originated for sale (27,426,000) (41,195,000) (32,865,000)
Proceeds from sales of loans originated for sale 27,965,000 41,921,000 33,144,000
Decrease (increase) in other assets 3,014,000 (210,000) 2,904,000
Decrease in deferred tax expense 1,711,000 171,000 392,000
Increase (decrease) in other liabilities 807,000 613,000 (693,000)
Net Cash Provided by Operating Activities 17,007,000 12,121,000 14,379,000
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from maturities of investment securities held to maturity 10,680,000 15,769,000 9,456,000
Proceeds from maturities of investment securities available for sale 34,404,000 30,426,000 23,426,000
Proceeds from sales of investment securities available for sale 0 230,000 3,170,000
Purchase of investment securities available for sale (30,136,000) (50,443,000) (36,434,000)
Purchase of investment securities held to maturity 0 0 (8,044,000)
(Purchase) redemption of restricted investment in bank stocks (88,000) 65,000 (198,000)
Net increase in loans (71,830,000) (56,122,000) (55,332,000)
Purchase of bank-owned life insurance 0 0 (600,000)
Purchase of book of business 0 0 (173,000)
Purchase of book of business 6,444,000 0 0
Capital expenditures (1,757,000) (2,344,000) (1,738,000)
Proceeds from sale of premises and equipment 6,000 1,929,000 0
Proceeds from sale of foreclosed real estate 324,000 1,048,000 2,323,000
Net Cash (Used in) Provided by Investing Activities (51,953,000) (59,442,000) (64,144,000)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase in demand deposits 18,814,000 14,369,000 21,237,000
Net increase in time certificates of deposits and interest bearing deposits 18,725,000 40,272,000 46,867,000
Net increase (decrease) in short-term borrowings 2,318,000 (612,000) (10,497,000)
Proceeds from long-term borrowings 29,600,000 16,000,000 18,000,000
Repayments on long-term borrowings (14,250,000) (18,250,000) (22,437,000)
Dividends paid (5,233,000) (4,840,000) (4,820,000)
Common stock issued 482,000 556,000 499,000
Net Cash Provided by (Used in) Financing Activities 50,456,000 47,495,000 48,849,000
Net Increase (Decrease) in Cash and Cash Equivalents 15,510,000 174,000 (916,000)
CASH AND CASH EQUIVALENTS — BEGINNING 18,931,000 18,757,000 19,673,000
CASH AND CASH EQUIVALENTS — ENDING 34,441,000 18,931,000 18,757,000
Supplemental disclosures of cash flow information      
Interest paid 5,107,000 3,912,000 3,816,000
Income taxes paid 3,850,000 4,350,000 1,975,000
Loans transferred to foreclosed assets held for resale and other foreclosed transactions 265,000 619,000 1,219,000
Increase in assets and liabilities:      
Securities (21,624,000) 0 0
Loans (264,913,000) 0 0
Premises and equipment (8,624,000) 0 0
Investment in bank-owned life insurance (3,118,000) 0 0
Restricted investments in bank stocks (336,000) 0 0
Foreclosed assets held for resale (211,000) 0 0
Goodwill (13,272,000) 0 0
Core deposit intangible assets (2,418,000) 0 0
Other assets (7,463,000) 0 0
Noninterest bearing deposits 80,006,000 0 0
Interest bearing deposits 213,327,000 0 0
Trust preferred subordinated debt 4,688,000 0 0
Other liabilities $ 1,782,000 $ 0 $ 0