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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 $ 1,446 $ 1,274
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation 320 258
Amortization 282 393
Compensation expense on employee and director stock purchases, stock options, and restricted stock units 71 47
Gains on sales of securities (66) (70)
Gains on sales of loans (224) (419)
Loans originated for sale (6,629) (9,128)
Proceeds from loan sales 6,759 12,934
Earnings on bank-owned life insurance (99) (88)
Losses on sales of other real estate owned   4
Proceeds from sales of other real estate owned 172 28
Deferred federal income tax benefit 4 47
Net changes in other assets 184 (109)
Net changes in other liabilities (101) 121
Net cash from operating activities 2,119 5,292
Securities available for sale:    
Sales 6,671 2,217
Maturities, prepayments and calls 1,342 5,602
Purchases (13,184) (18,060)
Loan originations, payments and loans to financial institutions, net (8,266) (2,109)
Additions to premises and equipment (191) (173)
Net cash from investing activities (13,628) (12,523)
Cash flows from financing activities:    
Net change in deposits (4,019) 5,155
Net change in repurchase agreements (3,307) (1,105)
Net change in federal funds purchased 3,873 4,100
Proceeds from Federal Home Loan Bank advances 24,000 92,000
Payments on Federal Home Loan Bank advances (12,008) (91,007)
Cash proceeds from the issuance of common stock 33 34
Cash dividends (557) (561)
Net cash from financing activities 8,015 8,616
Net change in cash and cash equivalents (3,494) 1,385
Beginning cash and cash equivalents 14,809 11,187
Ending cash and cash equivalents 11,315 12,572
Supplemental disclosures of cash flow information:    
Cash paid for interest 306 $ 240
Loans transferred to other real estate owned $ 207