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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
OPERATING ACTIVITIES    
Net income $ 5,702,000 $ 4,607,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for loan losses 420,000 335,000
Investment securities gains on sale, net [1] (488,000)
Gain on equity securities [1] (31,000)
Depreciation and amortization of premises and equipment, net 457,000 535,000
Software amortization expense 305,000 162,000
Amortization of premium and discount on investment securities, net 208,000 220,000
Accretion of deferred loan fees, net (564,000) (295,000)
Amortization of core deposit intangibles 178,000 175,000
Stock-based compensation expense 280,000
Origination of loans held for sale (6,694,000) (10,035,000)
Proceeds from sale of loans 6,146,000 3,866,000
Gain on sale of loans (121,000) (148,000)
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 [1] (210,000) (207,000)
Deferred income tax 132,000 (245,000)
Net (gain) loss on other real estate owned 5,000 (158,000)
(Increase) decrease in accrued interest receivable (7,000) 102,000
Increase in accrued interest payable 83,000 56,000
Other, net (1,268,000) (4,208,000)
Net cash provided by (used in) operating activities 5,021,000 (2,613,000)
INVESTING ACTIVITIES    
Proceeds from repayments and maturities 2,304,000 7,364,000
Proceeds from sale of securities 2,678,000
Purchases (9,862,000)
Increase in loans, net (20,005,000) (64,390,000)
Proceeds from the sale of other real estate owned 26,000 1,463,000
Purchase of bank-owned life insurance (4,000)
Purchase of premises and equipment (1,582,000) (518,000)
Purchase of restricted stock (90,000) (899,000)
Redemption of restricted stock 795,000
Acquisition, net of cash paid 5,431,000
Net cash used in investing activities (29,209,000) (48,080,000)
FINANCING ACTIVITIES    
Net increase in deposits 54,052,000 18,805,000
Increase (decrease) in short-term borrowings, net 13,126,000 (4,971,000)
Repayment of other borrowings (10,069,000) (91,000)
Proceeds from other borrowings 30,000,000
Proceeds from common stock issued 15,377,000
Stock options exercised 104,000
Proceeds from dividend reinvestment and purchase plan 301,000 272,000
Cash dividends (1,966,000) (1,623,000)
Net cash provided by financing activities 55,548,000 57,769,000
Increase in cash and cash equivalents 31,360,000 7,076,000
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 39,886,000 32,495,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD 71,246,000 39,571,000
Cash paid during the year for:    
Interest on deposits and borrowings 4,238,000 3,011,000
Income taxes 1,075,000 3,555,000
Noncash investing transactions:    
Transfers from loans to other real estate owned 1,021,000
Common stock issued in business acquisition 20,995,000
Transfer of equity securities from investment securities available for sale, at fair value (625,000)
Liabilities assumed    
Cash and cash equivalents acquired, net 5,431,000
Merger of Liberty Bank, N.A. into The Middlefield Banking Company [Member]    
INVESTING ACTIVITIES    
Acquisition, net of cash paid 5,431,000
Noncash 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
Other assets 997,000
Goodwill 10,740,000
Total noncash assets acquired 218,611,000
Liabilities assumed    
Time deposits (30,744,000)
Deposits other than time deposits (167,300,000)
Accrued interest payable (47,000)
Deferred taxes (1,134,000)
Other liabilities (2,754,000)
Total liabilities assumed (201,979,000)
Liberty stock acquired in business combination (1,068,000)
Net noncash assets acquired 15,564,000
Cash and cash equivalents acquired, net $ 5,431,000
[1] Not within scope of ASC 606.