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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities    
Net income $ 8,738 $ 8,666
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 750 772
Amortization of other assets 405 313
Origination of loans held for sale (12,424)  
Proceeds from sale of loans held for sale 11,673  
Net gains on sales of loans (845)  
Provision for Loan Losses 1,183 755
Loss (gain) on other real estate owned 128 (132)
Loss on the sale of repossessed assets   3
(Gain) on the sale of securities (24) (687)
Stock-based compensation expense 617 394
Premium amortization on securities, net 988 554
(Increase) in cash surrender value (368) (217)
Changes in assets and liabilities:    
(Increase) in other assets (1,251) (3,559)
Increase in other liabilities 227 648
Net cash provided by operating activities 9,797 7,510
Cash Flows from Investing Activities    
Proceeds from maturities, calls, and principal payments of securities available for sale 41,711 37,017
Proceeds from the sale of securities available for sale 15,885 28,323
Purchases of securities available for sale (97,821) (49,890)
Proceeds from the sale of restricted investments 222 2,125
Purchases of restricted investments (4) (2,196)
Purchases of bank-owned life insurance (10,000) (12,000)
Purchases of bank premises and equipment (597) (381)
Proceeds from the sale of other real estate owned 552 183
Proceeds from the sale of repossessed assets   43
Proceeds from sales of loans 41,516  
Origination of loans net of principal collected (127,907) (160,380)
Net cash (used in) investing activities (136,443) (157,156)
Cash Flows from Financing Activities    
Net increase in noninterest bearing demand deposits, savings, and interest bearing demand deposits 121,581 192,539
Net (decrease) in time deposits (4,014) (8,845)
Issuance of common stock, employee benefit plan 133 205
Repurchase and retirement of common stock (148) (1,441)
Cash dividends paid (2,418) (2,427)
Net cash provided by financing activities 115,134 180,031
(Decrease) increase in cash and cash equivalents (11,512) 30,385
Cash and Cash Equivalents    
Beginning 79,920 33,659
Ending 68,408 64,044
Supplemental Disclosures of Cash Flow Information    
Interest 1,347 2,752
Income taxes 1,943 1,792
Supplemental Schedule of Noncash Investing and Financing Activities:    
Unrealized (loss) gain on securities available for sale (2,777) 2,734
Other real estate and repossessed assets acquired in settlement of loans 266 372
Issuance of common stock, dividend investment plan 398 241
Lease liabilities arising from right-of-use assets $ 79 $ 549