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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income $ 3,081 $ 2,719
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 25  
Depreciation 643 481
Amortization 549 799
Compensation expense on stock purchases and restricted stock units 163 147
Gains on sales of securities (126) (226)
Gains on sales of loans (565) (838)
Loans originated for sale (14,456) (22,737)
Proceeds from loan sales 14,180 25,633
Earnings on bank-owned life insurance (198) (177)
Gains on sales of other real estate owned   3
Proceeds from sales of other real estate owned 172 28
Deferred federal income tax expense/(benefit) 138 (86)
Net changes in other assets 309 25
Net changes in other liabilities (468) 670
Net cash from operating activities 3,447 6,441
Securities available for sale:    
Sales 12,520 11,157
Maturities, prepayments and calls 8,011 22,835
Purchases (24,301) (47,375)
Loan originations and payments, net (14,378) (7,849)
Additions to premises and equipment (291) (288)
Net cash from investing activities (18,439) (21,520)
Cash flows from financing activities:    
Net change in deposits 11,958 (10,875)
Net change in repurchase agreements (5,611) (4,081)
Proceeds from Federal Home Loan Bank advances 117,500 202,000
Payments on Federal Home Loan Bank advances (105,517) (168,015)
Issuance of common stock 55 130
Repurchase of common stock   (678)
Cash dividends (1,152) (1,123)
Net cash from financing activities 17,233 17,358
Net change in cash and cash equivalents 2,241 2,279
Beginning cash and cash equivalents 14,809 11,187
Ending cash and cash equivalents 17,050 13,466
Supplemental disclosures of cash flow information:    
Cash paid for interest 596 486
Cash paid for taxes 800 100
Loans transferred to other real estate owned $ 207 $ 13