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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities    
Net income $ 12,800 $ 16,115
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,330 1,370
Net amortization of loans and investment securities 3,528 1,237
Amortization of subordinate debt issuance costs 14  
Provision for (recovery of) loan losses 4,625 237
Decrease (increase) in fair value of equity securities 49 (66)
Debt securities losses (gains), net (29) (256)
Loans originated for sale (105,300) (30,692)
Proceeds from sale of loans 99,430 29,163
Gain on sales of loans held for sale (1,536) (393)
Gain on sale of premise and equipment   (597)
Write-down of other real estate owned   6
Net gain on sale or disposal of other real estate/other repossessed assets   (326)
Increase in cash surrender value of life insurance (457) (509)
Gain from surrender of life insurance policy (840) (188)
Stock option compensation 197  
Contribution to pension plan (1,000)  
(Increase) decrease in other assets (3,626) 1,089
(Decrease) increase in other liabilities (798) 892
Deferred tax (benefit) expense (839) 1,884
Net cash provided by operating activities 6,435 18,966
Cash flows from investing activities    
Net increase in long-term interest-bearing deposits in other banks (3,995) (8,746)
Proceeds from sales and calls of investment securities available for sale 3,141 18,781
Proceeds from maturities and pay-downs of securities available for sale 38,541 30,743
Purchase of investment securities available for sale (240,696) (104,829)
Net increase in restricted stock (3) (13)
Net (increase) decrease in loans (77,429) 38,105
Proceeds from sales of portfolio loans 913  
Proceeds from the sale of other real estate owned/other repossessed assets   3,065
Proceeds from surrender of life insurance policy 3,698 444
Purchase of bank owned life insurance (1,000)  
Proceeds from sale of other assets   623
Capital expenditures (484) (1,654)
Net cash (used in) provided by investing activities (277,314) (23,481)
Cash flows from financing activities    
Net increase in demand deposits, interest-bearing checking, and savings accounts 242,364 15,008
Net increase (decrease) in time deposits (13,183) 27,755
Proceeds from subordinated notes, net of issuance costs 19,541  
Dividends paid (5,226) (5,115)
Purchase of Treasury shares (1,171) (3,846)
Cash received from option exercises 36 268
Treasury shares issued under employee stock purchase plan 1,836 1,316
Net cash provided by financing activities 244,197 35,386
(Decrease) increase in cash and cash equivalents (26,682) 30,871
Cash and cash equivalents at the beginning of the period 83,828 52,957
Cash and cash equivalents at the end of the period 57,146 83,828
Supplemental Disclosures of Cash Flow Information    
Cash paid during the year for: Interest on deposits and other borrowed funds 4,234 6,870
Cash paid during the year for: Income taxes 4,367 250
Noncash Activities    
Loans transferred to Other Real Estate   80
Lease liabilities arising from obtaining right-of-use assets $ 584 $ 43