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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities    
Net income $ 5,131 $ 4,226
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 1,037 1,010
Amortization of core deposit intangibles 480 592
Amortization of debt issuance costs 13 13
Origination of loans held for sale (7,298) (7,331)
Proceeds from sale of loans held for sale 7,096 6,703
Net gains on sales of loans held for sale (121) (102)
Net gains on calls and sales of securities available for sale (24) (10)
Provision for other real estate owned 0 27
Net gains on sale of other real estate owned 0 (193)
Income from bank owned life insurance (304) (316)
Accretion of discounts and amortization of premiums on securities, net 481 656
Accretion of premium on time deposits (81) (133)
Stock-based compensation 129 72
Excess tax benefits on stock-based compensation (14) 0
Losses on disposal of premises and equipment 0 8
Deferred income tax (benefit) expense (158) 347
Changes in assets and liabilities:    
(Increase) decrease in interest receivable (140) 30
Increase in other assets (136) (655)
(Decrease) increase in accrued expenses and other liabilities (571) 1,195
Net cash provided by operating activities 5,520 6,139
Cash Flows from Investing Activities    
Proceeds from maturities, calls, principal payments, and sales of securities available for sale 11,182 18,554
Proceeds from maturities, calls, principal payments, and sales of securities held to maturity 3,863 11,025
Purchases of securities available for sale (8,860) 0
Net purchase of restricted securities (22) (157)
Purchase of premises and equipment (762) (754)
Proceeds from sale of premises and equipment 0 23
Proceeds from sale of other real estate owned 0 2,882
Purchase of bank owned life insurance 0 (2,000)
Proceeds from cash value of bank owned life insurance 0 250
Net increase in loans (28,660) (31,786)
Net cash used in investing activities (23,259) (1,963)
Cash Flows from Financing Activities    
Net increase in demand deposits and savings accounts 13,087 23,073
Net decrease in time deposits (2,314) (9,314)
Cash dividends paid on common stock, net of reinvestment (484) (412)
Net cash provided by financing activities 10,289 13,347
(Decrease) increase in cash and cash equivalents (7,450) 17,523
Cash and Cash Equivalents    
Cash and cash equivalents, beginning of year 41,092 39,334
Cash and cash equivalents, end of year 33,642 56,857
Cash payments for:    
Interest 1,807 1,628
Income Taxes 2,577 1,276
Supplemental Disclosures of Noncash Investing and Financing Activities    
Unrealized gains on securities available for sale 920 1,734
Transfer from loans to other real estate owned 0 37
Transfer from premises and equipment to other real estate owned 0 250
Issuance of common stock, dividend reinvestment plan $ 35 $ 31