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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities    
Net income $ 3,299 $ 2,532
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 697 669
Amortization of core deposit intangibles 329 405
Amortization of debt issuance costs 9 8
Origination of loans held for sale (4,582) (5,106)
Proceeds from sale of loans held for sale 3,987 3,662
Net gains on sales of loans held for sale (67) (52)
Net gains on calls and sales of securities available for sale (13) (6)
Provision for other real estate owned 0 27
Net gains on sale of other real estate owned 0 (191)
Income from bank owned life insurance (187) (193)
Accretion of discounts and amortization of premiums on securities, net 313 437
Accretion of premium on time deposits (56) (94)
Stock-based compensation 76 56
Excess tax benefits on stock-based compensation (14) 0
Deferred income tax (benefit) expense (157) 349
Changes in assets and liabilities:    
Decrease in interest receivable 18 49
Decrease (increase) in other assets 1 (440)
(Decrease) increase in accrued expenses and other liabilities (412) 74
Net cash provided by operating activities 3,241 2,186
Cash Flows from Investing Activities    
Proceeds from maturities, calls, principal payments, and sales of securities available for sale 7,103 12,217
Proceeds from maturities, calls, principal payments, and sales of securities held to maturity 2,468 8,966
Purchases of securities available for sale (1,079) 0
Net purchase of restricted securities (22) (667)
Purchase of premises and equipment (413) (406)
Proceeds from sale of other real estate owned 0 2,438
Purchase of bank owned life insurance 0 (2,000)
Net increase in loans (17,643) (26,374)
Net cash used in investing activities (9,586) (5,826)
Cash Flows from Financing Activities    
Net increase in demand deposits and savings accounts 21,765 10,852
Net decrease in time deposits (5,451) (7,528)
Net increase in other borrowings 0 12,000
Cash dividends paid on common stock, net of reinvestment (323) (275)
Net cash provided by financing activities 15,991 15,049
Increase in cash and cash equivalents 9,646 11,409
Cash and Cash Equivalents    
Cash and cash equivalents, beginning of year 41,092 39,334
Cash and cash equivalents, end of year 50,738 50,743
Cash payments for:    
Interest 1,174 1,088
Income Taxes 1,736 1,276
Supplemental Disclosures of Noncash Investing and Financing Activities    
Unrealized gains on securities available for sale 1,157 1,505
Transfer from loans to other real estate owned 0 37
Issuance of common stock, dividend reinvestment plan $ 23 $ 21