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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Cash Flows from Operating Activities          
Net income $ 2,676 $ 1,832 $ 7,814 $ 5,131  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization of premises and equipment     1,006 1,037  
Amortization of core deposit intangibles 108 151 359 480  
Amortization of debt issuance costs     13 13  
Origination of loans held for sale     (3,804) (7,298)  
Proceeds from sale of loans held for sale     3,789 7,096  
Net gains on sales of loans held for sale (39) (54) (63) (121)  
Provision for loan losses 0 0 100 0 $ 100
Net gains on securities available for sale 0 (11) 0 (24)  
Net gains on sale of other real estate owned     (22) 0  
Increase in cash value of bank owned life insurance     (274) (304)  
Accretion of discounts and amortization of premiums on securities, net     420 481  
Accretion of premium on time deposits     (64) (81)  
Stock-based compensation     170 129  
Excess tax benefits on stock-based compensation     (7) (14)  
Net losses on disposal of premises and equipment 2 0 2 0  
Deferred income tax expense (benefit)     72 (158)  
Changes in assets and liabilities:          
Increase in interest receivable     (222) (140)  
Decrease (increase) in other assets     1,384 (136)  
Decrease in accrued expenses and other liabilities     (390) (571)  
Net cash provided by operating activities     10,283 5,520  
Cash Flows from Investing Activities          
Proceeds from maturities, calls, and principal payments of securities available for sale     11,264 11,182  
Proceeds from maturities, calls, and principal payments of securities held to maturity     3,828 3,863  
Purchases of securities available for sale     (27,146) (8,860)  
Net purchase of restricted securities     (20) (22)  
Purchase of premises and equipment     (689) (762)  
Proceeds from sale of premises and equipment     15 0  
Proceeds from sale of other real estate owned     416 0  
Proceeds from cash value of bank owned life insurance     347 0  
Net increase in loans     (18,313) (28,660)  
Net cash used in investing activities     (30,298) (23,259)  
Cash Flows from Financing Activities          
Net increase in demand deposits and savings accounts     4,952 13,087  
Net decrease in time deposits     (2,764) (2,314)  
Cash dividends paid on common stock, net of reinvestment     (697) (484)  
Repurchase of common stock     (24) 0  
Net cash provided by financing activities     1,467 10,289  
Decrease in cash and cash equivalents     (18,548) (7,450)  
Cash and Cash Equivalents          
Beginning     39,986 41,092 41,092
Ending $ 21,438 $ 33,642 21,438 33,642 $ 39,986
Cash payments for:          
Interest     2,557 1,807  
Income Taxes     709 2,577  
Supplemental Disclosures of Noncash Investing and Financing Activities          
Unrealized (losses) gains on securities available for sale     (2,110) 920  
Change in pension liability     (126) 0  
Transfer from loans to other real estate owned     68 0  
Issuance of common stock, dividend reinvestment plan     $ 46 $ 35