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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating activities    
Net Income $ 7,281 $ 12,991
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 3,122 1,054
Depreciation 1,693 1,768
Stock compensation 192 191
Gain on sales of other real estate owned (189) (753)
Write-downs of other real estate owned 486 1,997
Gain on loan sales (95) (57)
Loss on disposal of fixed assets 9 3
Net gain on sales of investment securities - available-for-sale (440) (962)
Amortization of deferred loan fees (494) (554)
(Increase)/decrease in accrued interest receivable and other assets (5,472) 4,223
Deferred tax expense 2,117 3,855
Increase/(decrease) in accrued interest payable and other liabilities 4,388 (1,143)
Earnings on bank owned life insurance (1,426) (1,146)
Net cash provided by operating activities 11,679 22,199
Investing activities    
Proceeds from maturities/calls of investment securities available-for-sale 38,387 42,020
Proceeds from maturities/calls of investment securities held-to-maturity 19,334 7,525
Proceeds from sales of investment securities available-for-sale 43,782 60,598
Purchases of investment securities available-for-sale (54,585) (47,640)
Purchases of investment securities held-to-maturity (11,085) (3,709)
Proceeds from sales of other real estate owned 2,614 6,190
Proceeds from loan sales 8,838 6,433
Proceeds from disposal of fixed assets 260 31
Purchase of BOLI policy 0 (5,500)
Proceeds from BOLI death benefit 608 0
Net decrease in FHLB stock 695 1,620
Net increase in loans (33,216) (47,436)
Purchases of premises and equipment (3,924) (1,371)
Net cash provided by investing activities 11,708 18,761
Financing activities    
Net increase in deposits 15,435 17,471
Preferred stock dividends paid (2,025) (2,700)
Preferred stock redemption (10,000) 0
Common Stock grants 0 1
Net increase/(decrease) in short-term borrowings 172 (3,973)
Payments on long-term borrowings (15,800) (35,069)
Net cash used in financing activities (12,218) (24,270)
Increase in cash and cash equivalents 11,169 16,690
Cash and cash equivalents at beginning of the year 52,141 35,451
Cash and cash equivalents at end of period 63,310 52,141
Supplemental information    
Interest paid 8,321 9,811
Taxes paid 540 125
Non-cash investing activities:    
Transfers from loans to other real estate owned 6,938 1,385
Available-for-sale Securities [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization of investment securities discounts and premiums 365 659
Held-to-maturity Securities [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization of investment securities discounts and premiums $ 142 $ 73