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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES    
Net income $ 4,607,000 $ 3,413,000
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Provision for loan losses 335,000 210,000
Investment securities gain, net (488,000) (303,000)
Depreciation and amortization of premises and equipment, net 535,000 443,000
Amortization of premium and discount on investment securities 220,000 217,000
Accretion of deferred loan fees, net (295,000) (119,000)
Core deposit intangible amortization 175,000 20,000
Origination of loans held for sale (10,035,000) (8,227,000)
Proceeds from sale of loans 3,866,000 9,031,000
Gain on sale of loans (148,000) (193,000)
Origination of student loans held for sale (222,526,000)
Proceeds from sale of student loans 225,956,000
Gain on sale of student loans (317,000)
Earnings on bank-owned life insurance (207,000) (196,000)
Deferred income tax (245,000) 265,000
Net (gain) on other real estate owned (158,000) (68,000)
Decrease in accrued interest receivable 102,000 59,000
Increase (decrease) in accrued interest payable 56,000 (1,000)
Other, net (4,046,000) 209,000
Net cash (used in) provided by operating activities (2,613,000) 4,760,000
INVESTING ACTIVITIES    
Proceeds from repayments and maturities 7,364,000 12,189,000
Proceeds from sale of securities 2,678,000 9,115,000
Purchases (1,744,000)
Increase in loans, net (64,390,000) (46,483,000)
Proceeds from the sale of other real estate owned 1,463,000 557,000
Purchase of bank-owned life insurance (4,000)
Purchase of premises and equipment (518,000) (306,000)
Purchase of restricted stock (899,000)
Redemption of restricted stock 795,000
Increase (decrease) in short-term borrowings, net (4,971,000) 6,430,000
Repayment of other borrowings (91,000) (114,000)
Proceeds from other borrowings 30,000,000
Common stock issued 15,377,000 11,229,000
Proceeds from dividend reinvestment and purchase plan 272,000 255,000
Cash dividends (1,623,000) (1,104,000)
Net cash provided by financing activities 57,769,000 20,289,000
Increase (decrease) in cash and cash equivalents 7,076,000 (1,623,000)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 32,495,000 23,750,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD 39,571,000 22,127,000
Interest on deposits and borrowings 3,011 2,092
Income taxes 3,555 475
Transfers from loans to other real estate owned 1,021 367
Common stock issued in business acquisition 20,995
Liabilities assumed    
Acquisition, net of cash paid 5,431,000
Net cash used in investing activities (48,080,000) (26,672,000)
FINANCING ACTIVITIES    
Net increase in deposits $ 18,805,000 3,593,000
Merger of Liberty Bank, N.A. into The Middlefield Banking Company [Member]    
Non-cash assets acquired    
Loans   195,388,000
Loans held for sale   5,953,000
Premises and equipment, net   325,000
Accrued interest receivable   440,000
Bank-owned life insurance   1,681,000
Core deposit intangible   3,087,000
Deferred tax asset   (1,073,000)
Other assets   997,000
Goodwill   10,876,000
  217,674,000
Liabilities assumed    
Time deposits   (30,744,000)
Deposits other than time deposits   (167,300,000)
Accrued interest payable   (47,000)
Other liabilities   (2,951,000)
  (201,042,000)
Liberty stock acquired in business combination   (1,068,000)
Net non-cash assets acquired   15,564,000
Acquisition, net of cash paid   $ 5,431,000