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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating activities    
Net Income $ 8,285 $ 6,301
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,187 1,809
Depreciation 1,748 1,397
Stock compensation 183 138
Gains on sales of other real estate owned (269) (589)
Write-downs of other real estate owned 656 551
Originations of loans held for sale (10,028) (7,321)
Proceeds from loans held for sale 9,329 6,536
Gains from sale of loans held for sale (74) (48)
Losses on disposal of fixed assets 0 1
Net amortization of investment securities discounts and premiums- AFS 36 130
Net amortization of investment securities discounts and premiums- HTM 33 50
(Gains)/losses on sales/calls of investment securities - available-for-sale (116) 44
Amortization of deferred loan fees (565) (427)
Increase in accrued interest receivable and other assets (3,251) (6,848)
(Increase)/decrease in deferred tax benefit 223 1,657
Increase in accrued interest payable and other liabilities 1,100 698
Earnings on bank owned life insurance (872) (894)
Net cash provided by operating activities 7,605 3,185
Investing activities    
Proceeds from maturities/calls of investment securities available-for-sale 9,118 16,034
Proceeds from maturities/calls of investment securities held-to-maturity 4,760 5,332
Proceeds from sales of investment securities available-for-sale 2,005 18,530
Purchases of investment securities available-for-sale (3,390) (40,596)
Purchases of investment securities held-to-maturity (4,887) (4,188)
Proceeds from sales of other real estate owned 2,815 2,466
Proceeds from disposal of fixed assets 0 8
Net (increase)/decrease in FHLB stock (190) 5
Net (increase)/decrease in loans (46,415) 1,010
Purchases of loans (25,168) 0
Purchases of premises and equipment (7,761) (4,509)
Net cash used in investing activities (69,113) (5,908)
Financing activities    
Net (decrease)/increase in deposits (14,815) 27,239
Preferred stock dividends paid 0 (990)
Preferred stock redemption 0 (10,000)
Proceeds from sale of common stock 79 9,349
Rights Offering costs 0 (158)
Cash dividends on common stock (1,911) 0
Net increase in short-term borrowings 37,960 9,815
Net decrease in long-term borrowings (20,000) (10,808)
Net cash provided by financing activities 1,313 24,447
(Decrease)/increase in cash and cash equivalents (60,195) 21,724
Cash and cash equivalents at beginning of the year 83,752 63,310
Cash and cash equivalents at end of period 23,557 85,034
Supplemental information    
Interest paid 5,549 5,474
Taxes paid 445 175
Non-cash investing activities:    
Transfers from loans to other real estate owned $ 543 $ 1,299