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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 3,491 $ 3,081
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 35 25
Depreciation 579 643
Amortization 460 549
Compensation expense on stock purchases and restricted stock units 148 163
Gains on sales of securities (25) (126)
Gains on sales of loans (549) (565)
Loans originated for sale (17,835) (14,456)
Proceeds from loan sales 19,120 14,180
Earnings on bank-owned life insurance (192) (198)
Gains on sales of other real estate owned (8)  
Proceeds from sales of other real estate owned 114 172
Deferred federal income tax benefit 40 138
Net changes in other assets (853) 309
Net changes in other liabilities 219 (468)
Net cash from operating activities 4,744 3,447
Securities available for sale:    
Sales 2,716 12,520
Maturities, prepayments and calls 6,072 8,011
Purchases (21,177) (24,301)
Loan originations and payments, net 686 (14,378)
Additions to premises and equipment (1,143) (291)
Net cash used in investing activities (12,846) (18,439)
Cash flows from financing activities:    
Net change in deposits (11,932) 11,958
Net change in repurchase agreements (7,148) (5,612)
Net change in federal funds purchased 4,000  
Proceeds from Federal Home Loan Bank advances 30,000 117,500
Payments on Federal Home Loan Bank advances (30,017) (105,517)
Issuance of common stock 40 55
Repurchase of common stock (523)  
Cash dividends and fractional shares from stock dividend (1,278) (1,151)
Net cash provided by (used in) financing activities (16,858) 17,233
Net change in cash and cash equivalents (24,960) 2,241
Beginning cash and cash equivalents 36,837 14,809
Ending cash and cash equivalents 11,877 17,050
Supplemental disclosures of cash flow information:    
Cash paid for interest 889 596
Cash paid for taxes 700 800
Loans transferred to other real estate owned $ 179 $ 207