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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 1,658 $ 1,446
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 35
Depreciation 294 320
Amortization 213 282
Compensation expense on stock purchases and restricted stock units 83 71
Gains on sales of securities (9) (66)
Gains on sales of loans (261) (224)
Loans originated for sale (9,737) (6,629)
Proceeds from loan sales 10,229 6,759
Earnings on bank-owned life insurance (94) (99)
Gains on sales of other real estate owned (8)
Proceeds from sales of other real estate owned 114 172
Deferred federal income tax benefit 62 4
Net changes in other assets (796) 184
Net changes in other liabilities (99) (101)
Net cash from operating activities 1,684 2,119
Securities available for sale:    
Sales 91 6,671
Maturities, prepayments and calls 909 1,342
Purchases (15,352) (13,184)
Loan originations and payments, net 13,563 (8,266)
Additions to premises and equipment (619) (191)
Net cash used in investing activities (1,408) (13,628)
Cash flows from financing activities:    
Net change in deposits (7,579) (4,019)
Net change in repurchase agreements (4,687) (3,307)
Net change in federal funds purchased 3,873
Proceeds from Federal Home Loan Bank advances 24,000
Payments on Federal Home Loan Bank advances (10,009) (12,008)
Issuance of common stock 18 33
Repurchase of common stock (252)
Cash dividends (619) (557)
Net cash provided by (used in) financing activities (23,128) 8,015
Net change in cash and cash equivalents (22,852) (3,494)
Beginning cash and cash equivalents 36,837 14,809
Ending cash and cash equivalents 13,985 11,315
Supplemental disclosures of cash flow information:    
Cash paid for interest 386 306
Cash paid for taxes 300
Loans transferred to other real estate owned $ 179 $ 207