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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities    
Net income $ 7,242 $ 5,865
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 491 502
Amortization of other assets 327 218
Origination of loans held for sale (8,698) (5,655)
Proceeds from sale of loans held for sale 9,437 4,734
Net (gains) on sales of loans (976) (359)
Provision for Loan Losses 900 883
Loss on other real estate owned   102
Loss on the sale and disposal of premises and equipment 11  
(Gain) on the sale of securities   (24)
Stock-based compensation expense 417 306
Premium amortization on securities, net 332 726
(Increase) in cash surrender value (357) (223)
Changes in assets and liabilities:    
(Increase) in other assets (4,707) (1,733)
(Decrease) increase in other liabilities (1,931) 164
Net cash provided by operating activities 2,488 5,506
Cash Flows from Investing Activities    
Proceeds from maturities, calls, and principal payments of securities available for sale 17,424 31,404
Proceeds from the sale of securities available for sale 0 15,885
Purchases of securities available for sale (25,813) (62,257)
Proceeds from the sale of restricted investments   222
Purchases of restricted investments (750)  
Purchases of bank-owned life insurance   (10,000)
Purchases of bank premises and equipment (408) (404)
Proceeds from the sale of other real estate owned   155
Changes in collateral posted with other financial institutions, net (550)  
Proceeds from sales of loans 68,363 18,182
Origination of loans net of principal collected (203,033) (58,964)
Net cash (used in) investing activities (144,767) (65,777)
Cash Flows from Financing Activities    
Net increase in noninterest bearing demand deposits, savings, and interest bearing demand deposits 62,840 88,880
Net (decrease) in time deposits (8,562) (2,580)
Net increase in federal funds purchased 28,575  
Issuance of subordinated debt, net of issuance costs 29,343  
Issuance of common stock, employee benefit plan 120 133
Repurchase and retirement of common stock (117) (108)
Cash dividends paid (1,851) (1,511)
Net cash provided by financing activities 110,348 84,814
(Decrease) increase in cash and cash equivalents (31,931) 24,543
Cash and Cash Equivalents    
Beginning 64,068 79,920
Ending 32,137 104,463
Supplemental Disclosures of Cash Flow Information    
Interest 764 960
Income taxes 1,356 1,164
Supplemental Schedule of Noncash Investing and Financing Activities:    
Unrealized (loss) on securities available for sale (21,015) (2,730)
Other real estate and repossessed assets acquired in settlement of loans   73
Issuance of common stock, dividend investment plan $ 97 $ 339