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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 8,198 $ 6,711 $ 5,908
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 2,200 2,050 4,580
Depreciation 922 726 551
Amortization of intangible assets 150 122 105
Deferred income taxes (331) 746 (387)
Revaluation of deferred tax assets, net 3,060    
Net amortization of securities premiums and discounts 2,115 1,648 936
Net realized gains on sales of securities (348) (284) (626)
Gain on sale of deposits (209)    
Earnings and proceeds on life insurance policies (1,133) (888) (665)
Loss on sales of fixed assets and foreclosed real estate owned 774 11 427
Net gain on sale of loans (67) (54) (113)
Mortgage loans originated for sale   (1,685) (4,297)
Proceeds from sale of loans originated for sale   1,739 4,410
Compensation expense related to stock options 93 71 66
Compensation expense related to restricted stock 142 89 55
(Increase) decrease in accrued interest receivable (73) 346 (24)
Increase (decrease) in accrued interest payable 365 17 (9)
Other, net 193 11 (419)
Net Cash Provided by Operating Activities 16,051 11,376 10,498
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from sales 15,612 110,748 44,976
Proceeds from maturities and principal reductions on mortgage-backed securities 26,893 26,182 22,853
Purchases (19,955) (100,982) (50,565)
Purchase of regulatory stock (5,842) (2,883) (4,095)
Redemption of regulatory stock 4,456 4,455 2,397
Net increase in loans (51,980) (43,468) (65,830)
Proceeds from bank-owned life insurance   205  
Purchase of bank-owned life insurance   (2,000)  
Purchase of premises and equipment (1,633) (511) (290)
Proceeds from sales of foreclosed real estate owned 3,341 685 4,310
Proceeds from sales of bank premises and fixed assets 515    
Acquisition, net of cash and cash equivalents acquired   11,112  
Net Cash (Used in) Provided by Investing Activities (28,593) 3,543 (46,244)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase (decrease) in deposits 17,867 47,213 (9,035)
Deposits sold (13,659)    
Net increase (decrease) in short-term borrowings 9,719 (21,800) 27,540
Repayments of other borrowings (24,056) (28,981) (10,074)
Proceeds from other borrowings 28,000   29,000
Stock options exercised 1,040 843 441
ESOP purchase of shares from treasury stock 127 131 146
Purchase of treasury stock (1,587) (447) (127)
Cash dividends paid (5,386) (4,714) (4,527)
Net Cash Provided by (Used in) Financing Activities 12,065 (7,755) 33,364
Net (Decrease) Increase in Cash and Cash Equivalents (477) 7,164 (2,382)
CASH AND CASH EQUIVALENTS, BEGINNING 17,174 10,010 12,376
CASH AND CASH EQUIVALENTS, ENDING 16,697 17,174 10,010
Supplemental Disclosures of Cash Flow Information      
Cash payments for: Interest paid 3,715 3,542 3,267
Cash payments for: Income taxes paid, net of refunds 3,040 1,535 2,315
Supplemental Schedule of Noncash Investing Activities      
Transfers of loans to foreclosed real estate owned and repossession of other assets 750 3,246 3,880
Dividends payable $ 1,375 1,331 $ 1,147
Merger with Delaware Bancshares, Inc.      
Noncash assets acquired: Securities available-for-sale   208,488  
Noncash assets acquired: Regulatory stock   279  
Noncash assets acquired: Loans   116,674  
Noncash assets acquired: Premises and equipment, net   7,292  
Noncash assets acquired: Accrued interest receivable   1,626  
Noncash assets acquired: Bank-owned life insurance   14,762  
Noncash assets acquired: Core deposit intangibles   449  
Noncash assets acquired: Deferred tax assets   3,034  
Noncash assets acquired: Other assets   3,281  
Noncash assets acquired: Goodwill   1,616  
Total Noncash assets acquired   357,501  
Liabilities assumed:      
Time deposits   71,342  
Deposits other than time deposits   255,921  
Borrowings   21,232  
Accrued interest payable   95  
Other liabilities   7,873  
Total Liabilities assumed   356,463  
Net Noncash Assets Acquired   1,038  
Cash Acquired   $ 14,977