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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Cash Flows from Operating Activities          
Net income $ 2,451 $ 1,756 $ 5,138 $ 3,299  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization of premises and equipment     681 697  
Amortization of core deposit intangibles 120 160 251 329  
Amortization of debt issuance costs     8 9  
Origination of loans held for sale     (2,057) (4,582)  
Proceeds from sale of loans held for sale     1,324 3,987  
Net gains on sales of loans held for sale (15) (34) (24) (67)  
Provision for loan losses 0 0 100 0 $ 100
Net gains on securities available for sale 0 (13) 0 (13)  
Net gains on sale of other real estate owned     (24) 0  
Increase in cash value of bank owned life insurance     (167) (187)  
Accretion of discounts and amortization of premiums on securities, net     274 313  
Accretion of premium on time deposits     (43) (56)  
Stock-based compensation     89 76  
Excess tax benefits on stock-based compensation     (7) (14)  
Deferred income tax expense (benefit)     51 (157)  
Changes in assets and liabilities:          
(Increase) decrease in interest receivable     (157) 18  
Decrease in other assets     1,234 1  
Decrease in accrued expenses and other liabilities     (896) (412)  
Net cash provided by operating activities     5,775 3,241  
Cash Flows from Investing Activities          
Proceeds from maturities, calls, and principal payments of securities available for sale     8,064 7,103  
Proceeds from maturities, calls, and principal payments of securities held to maturity     2,413 2,468  
Purchases of securities available for sale     (27,146) (1,079)  
Net purchase of restricted securities     (20) (22)  
Purchase of premises and equipment     (423) (413)  
Proceeds from sale of other real estate owned     350 0  
Proceeds from cash value of bank owned life insurance     347 0  
Net increase in loans     (9,187) (17,643)  
Net cash used in investing activities     (25,602) (9,586)  
Cash Flows from Financing Activities          
Net increase in demand deposits and savings accounts     21,909 21,765  
Net decrease in time deposits     (317) (5,451)  
Cash dividends paid on common stock, net of reinvestment     (464) (323)  
Repurchase of common stock     (24) 0  
Net cash provided by financing activities     21,104 15,991  
Increase in cash and cash equivalents     1,277 9,646  
Cash and Cash Equivalents          
Beginning     39,986 41,092 41,092
Ending $ 41,263 $ 50,738 41,263 50,738 $ 39,986
Cash payments for:          
Interest     1,656 1,174  
Income Taxes     96 1,736  
Supplemental Disclosures of Noncash Investing and Financing Activities          
Unrealized (losses) gains on securities available for sale     (1,450) 1,157  
Change in pension liability     (126) 0  
Transfer from loans to other real estate owned     68 0  
Issuance of common stock, dividend reinvestment plan     $ 31 $ 23