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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities    
Net income $ 7,221 $ (1,679)
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 681 668
Net amortization of loans and investment securities 733 877
Provision for loan losses 399 9,329
Increase in fair value of equity securities (16) (38)
Debt securities gains, net (253) (52)
Pay-out of legal settlement   (10,000)
Provision for credit losses on off-balance sheet exposures   2,361
Loans originated for sale (16,892) (9,813)
Proceeds from sale of loans 16,318 9,799
Write-down of other real estate owned   6
Loss on sale of premises   17
Increase in cash surrender value of life insurance (255) (257)
Stock option compensation   123
Contribution to pension plan   (1,000)
(Increase) decrease in other assets (70) (3,916)
(Decrease) increase in other liabilities 643 1,331
Net cash provided (used) by operating activities 8,509 (2,244)
Cash flows from investing activities    
Proceeds from sales and calls of investment securities available for sale 16,955 3,811
Proceeds from maturities and pay-downs of securities available for sale 13,318 10,173
Purchase of investment securities available for sale (26,319) (17,328)
Net increase in restricted stock (13) (168)
Net increase in loans (9,362) (32,271)
Capital expenditures (433) (479)
Proceeds from sale of other assets   117
Net proceeds from the sale of other real estate   32
Net cash used in investing activities (5,854) (36,113)
Cash flows from financing activities    
Net increase in demand deposits, interest-bearing checking, and savings accounts 5,996 16,645
Net (decrease) increase in time deposits 24,424 (6,146)
Dividends paid (2,509) (2,226)
Purchase of Treasury shares (2,004)  
Treasury shares issued under dividend reinvestment plan 206 315
Common stock issued under stock option plans 722 636
Net cash provided by financing activities 26,835 9,224
Increase (decrease) in cash and cash equivalents 29,490 (29,133)
Cash and cash equivalents at the beginning of the period 52,957 58,603
Cash and cash equivalents at the end of the period 82,447 29,470
Supplemental Disclosures of Cash Flow Information    
Cash paid during the year for: Interest on deposits and other borrowed funds 3,275 1,750
Cash paid during the year for: Income taxes   $ 250
Noncash Activities:    
Recognition of Operating Lease Right-of-Use Asset 22  
Recognition of Operating Lease Liability $ 22