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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
OPERATING ACTIVITIES    
Net income $ 3,413 $ 3,133
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 210 105
Investment securities gain, net (303) (46)
Depreciation and amortization 463 500
Amortization of premium and discount on investment securities 217 365
Accretion of deferred loan fees, net (119) (346)
Origination of loans held for sale (8,227) (8,026)
Proceeds from sale of loans 9,031 8,239
Gain on sale of loans (193) (173)
Earnings on bank-owned life insurance (196) (161)
Deferred income tax 265 346
Gain on sale of other real estate owned 3 56
Other real estate owned writedowns (71) (104)
Increase in accrued interest receivable 59 (157)
(Decrease) increase in accrued interest payable (1) 74
Other, net 209 (477)
Net cash provided by operating activities 4,760 3,328
INVESTING ACTIVITIES    
Proceeds from repayments and maturities 12,189 5,818
Proceeds from sale of securities 9,115 3,312
Purchases (1,744) (14,876)
Increase in loans, net (46,483) (23,206)
Proceeds from the sale of other real estate owned 557 830
Purchase of bank-owned life insurance (4,000)
Purchase of premises and equipment (306) (394)
Net cash used for investing activities (26,672) (32,516)
FINANCING ACTIVITIES    
Net increase in deposits 3,593 37,412
Increase (decrease) in short-term borrowings, net 6,430 (10,291)
Repayment of other borrowings (114) (159)
Common stock issued 11,229
Stock options exercised 6
Proceeds from dividend reinvestment and purchase plan 255 319
Cash dividends (1,104) (1,087)
Net cash provided by financing activities 20,289 26,200
Decrease in cash and cash equivalents (1,623) (2,988)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 23,750 25,639
CASH AND CASH EQUIVALENTS AT END OF PERIOD 22,127 22,651
SUPPLEMENTAL INFORMATION    
Interest on deposits and borrowings 2,092 1,799
Income taxes 475 200
Noncash investing transactions:    
Transfers from loans to other real estate owned $ 367 $ 638