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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income $ 4,402 $ 4,523
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 100
Depreciation 757 736
Amortization 1,199 1,111
Compensation expense on stock purchases and restricted stock units 257 69
Gains on sales of securities (255) (208)
Gains on sales of loans (1,345) (1,120)
Loans originated for sale (39,173) (36,402)
Proceeds from loan sales 42,313 37,093
Earnings on bank-owned life insurance (265) (562)
Proceeds on bank-owned life insurance 461
(Gains) Losses on sales of other real estate owned 3 (11)
Write-downs of other real estate owned 108
Proceeds from sales of other real estate owned 28 299
Deferred federal income tax benefit (86) (209)
Net changes in other assets (135) (716)
Net changes in other liabilities 481 (452)
Net cash from operating activities 8,181 4,820
Securities available for sale:    
Sales 14,538 23,329
Maturities, prepayments and calls 33,412 12,469
Purchases (63,780) (47,171)
Loan originations and payments, net (13,700) 2,733
Additions to premises and equipment (1,112) (826)
Net cash from investing activities (30,642) (9,466)
Cash flows from financing activities:    
Net change in deposits 2,691 32,268
Net change in repurchase agreements (3,043) (19,705)
Net change in federal funds purchased 624 1,171
Proceeds from Federal Home Loan Bank advances 271,000 116,575
Payments on Federal Home Loan Bank advances (245,023) (128,098)
Issuance of common stock 137 153
Repurchase of common stock (794) (371)
Cash dividends (1,674) (1,610)
Net cash from financing activities 23,918 383
Net change in cash and cash equivalents 1,457 (4,263)
Beginning cash and cash equivalents 11,187 16,650
Ending cash and cash equivalents 12,644 12,387
Supplemental disclosures of cash flow information:    
Cash paid for interest 726 766
Cash paid for taxes 925 2,395
Loans transferred to other real estate owned $ 483 $ 378