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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 1,876 $ 2,041
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 450 620
Depreciation 137 139
Amortization of intangible assets 24 28
Deferred income taxes (452) (252)
Net amortization of securities premiums and discounts 236 233
Net realized gain on sales of securities (64) (311)
Earnings and proceeds on bank owned life insurance (167) (165)
Gain (loss) on sales of fixed assets and foreclosed real estate owned (6) 65
Gain on sale of mortgage loans (32) (24)
Mortgage loans originated for sale (981) (780)
Proceeds from sale of mortgage loans originated for sale 1,013 804
Compensation expense related to stock options 18 17
Compensation expense related to restricted stock 22 14
Increase in accrued interest receivable and other assets (591) (341)
Increase in accrued interest payable and other liabilities 1,152 518
Net cash provided by operating activities 2,635 2,606
CASH FLOWS FROM INVESTING ACTIVITIES    
Securities available for sale: Proceeds from sales 15,284 13,976
Securities available for sale: Proceeds from maturities and principal reductions on mortgage-backed securities 3,383 2,876
Securities available for sale: Purchases (21,980) (15,375)
Purchase of regulatory stock (994) (327)
Redemption of regulatory stock 1,424 203
Net increase in loans (6,032) (18,387)
Purchase of premises and equipment (55) (37)
Proceeds from sales of fixed assets and foreclosed real estate owned 48 2,031
Net cash used in investing activities (8,922) (15,040)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 9,582 10,262
Net (decrease) increase in short-term borrowings (563) 4,886
Repayments of other borrowings (2,270) (393)
Proceeds from other borrowings 0 6,000
Stock options exercised 83 154
Tax benefit of stock options exercised 2 6
Purchase of treasury stock (447) (127)
Cash dividends paid (1,147) (1,103)
Net cash provided by financing activities 5,240 19,685
(Decrease) increase in cash and cash equivalents (1,047) 7,251
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 10,010 12,376
CASH AND CASH EQUIVALENTS, END OF PERIOD 8,963 19,627
Supplemental Disclosure of Cash Flow Information    
Cash payments for: Interest on deposits and borrowings 883 792
Cash payments for: Income taxes paid, net of refunds 0 201
Supplemental Schedule of Noncash Investing Activities    
Transfers of loans to foreclosed real estate and repossession of other assets 50 68
Cash dividends declared $ 1,145 $ 1,141