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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income $ 4,144 $ 5,505
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses   35
Depreciation 1,054 853
Amortization 672 701
Compensation expense on employee and director stock purchases, stock options, and restricted stock units 428 234
Gains on sales of securities (22) (25)
Net change in market value of equity securities (119) (161)
Gains on sales of loans (1,373) (772)
Loans originated for sale (40,215) (19,837)
Proceeds from loan sales 40,527 21,174
Earnings on bank-owned life insurance (290) (289)
Gains on sales of other real estate owned (22) (69)
Proceeds from sales of other real estate owned 187 308
Deferred federal income tax benefit 94 40
Net changes in other assets (290) (1,321)
Net changes in other liabilities 645 622
Net cash from operating activities 5,420 6,998
Cash flows from investing activities:    
Sales of securities available for sale 1,233 2,716
Maturities, prepayments and calls of securities available for sale 29,478 10,635
Purchases of securities available for sale (13,904) (27,476)
Purchase of Federal Reserve Bank stock (1)  
Loan originations and payments, net (7,870) (12,799)
Additions to premises and equipment (457) (2,810)
Net cash used in investing activities 8,479 (29,734)
Cash flows from financing activities:    
Net change in deposits (2,940) 4,494
Net change in repurchase agreements   (7,148)
Net change in federal funds purchased (4,800) 9,400
Proceeds from Federal Home Loan Bank advances 85,000 93,500
Payments on Federal Home Loan Bank advances (90,026) (97,526)
Issuance of common stock 107 57
Repurchase of common stock   (523)
Cash dividends and fractional shares from stock dividend (4,356) (1,928)
Net cash used in financing activities (17,015) 326
Net change in cash and cash equivalents (3,116) (22,410)
Beginning cash and cash equivalents 19,690 36,837
Ending cash and cash equivalents 16,574 14,427
Supplemental disclosures of cash flow information:    
Cash paid for interest 3,000 1,532
Cash paid for income taxes 350 850
Loans transferred to other real estate owned $ 325 $ 377