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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 1,637 $ 1,658
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses   35
Depreciation 351 294
Amortization 216 213
Compensation expense on employee and director stock purchases, stock options, and restricted stock units 79 83
Gains on sales of securities (1) (9)
Net change in market value of equity securities (187) (23)
Gains on sales of loans (246) (261)
Loans originated for sale (6,944) (9,737)
Proceeds from loan sales 6,279 10,229
Earnings on bank-owned life insurance (96) (94)
Gains on sales of other real estate owned (8) (8)
Proceeds from sales of other real estate owned 53 114
Deferred federal income tax benefit 6 62
Net change in:    
Other assets (314) (773)
Other liabilities (99) (99)
Net cash from operating activities 727 1,684
Cash flows from investing activities:    
Sales of securities available for sale   91
Maturities, prepayments and calls of securities available for sale 4,547 909
Purchases of securities available for sale (4,789) (15,352)
Loan originations and payments, net (318) 13,563
Additions to premises and equipment (484) (619)
Net cash used in investing activities (1,044) (1,408)
Cash flows from financing activities:    
Net change in deposits (12,564) (7,579)
Net change in repurchase agreements   (4,687)
Net change in federal funds purchased (4,800)  
Proceeds from Federal Home Loan Bank advances 30,000  
Payments on Federal Home Loan Bank advances (15,008) (10,009)
Issuance of common stock 19 18
Repurchase of common stock   (252)
Cash dividends and fractional shares from stock dividend (724) (619)
Net cash used in financing activities (3,077) (23,128)
Net change in cash and cash equivalents (3,394) (22,852)
Beginning cash and cash equivalents 19,690 36,837
Ending cash and cash equivalents 16,296 13,985
Supplemental disclosures of cash flow information:    
Cash paid for interest 1,015 386
Cash paid for income taxes   300
Loans transferred to other real estate owned $ 64 $ 179