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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows from Operating Activities    
Net income $ 6,840 $ 7,814
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 1,003 1,006
Amortization of core deposit intangibles 241 359
Amortization of debt issuance costs 13 13
Origination of loans held for sale (7,497) (3,804)
Proceeds from sale of loans held for sale 6,899 3,789
Net gains on sales of loans held for sale (81) (63)
Provision for loan losses 200 100
Net gains on sale of other real estate owned (22)
Increase in cash value of bank owned life insurance (333) (274)
Accretion of discounts and amortization of premiums on securities, net 447 420
Accretion of premium on time deposits (46) (64)
Stock-based compensation 159 170
Excess tax benefits on stock-based compensation (2) (7)
Losses on disposal of premises and equipment 2
Deferred income tax (benefit) expense (97) 72
Changes in assets and liabilities:    
Decrease (increase) in interest receivable 60 (222)
(Increase) decrease in other assets (1,122) 1,384
Increase (decrease) in accrued expenses and other liabilities 210 (390)
Net cash provided by operating activities 6,894 10,283
Cash Flows from Investing Activities    
Proceeds from maturities, calls, and principal payments of securities available for sale 14,431 11,264
Proceeds from maturities, calls, and principal payments of securities held to maturity 1,669 3,828
Purchases of securities available for sale (2,336) (27,146)
Net purchase of restricted securities (118) (20)
Purchase of premises and equipment (883) (689)
Proceeds from sale of premises and equipment 15
Proceeds from sale of other real estate owned 416
Purchase of bank owned life insurance (3,000)
Proceeds from cash value of bank owned life insurance 347
Net increase in loans (28,694) (18,313)
Net cash used in investing activities (18,931) (30,298)
Cash Flows from Financing Activities    
Net increase in demand deposits and savings accounts 14,497 4,952
Net increase (decrease) in time deposits 604 (2,764)
Cash dividends paid on common stock, net of reinvestment (1,257) (697)
Net cash provided by financing activities 13,792 1,467
Increase (decrease) in cash and cash equivalents 1,755 (18,548)
Cash and Cash Equivalents    
Beginning 28,618 39,986
Ending 30,373 21,438
Supplemental Disclosures of Cash Flow Information    
Interest 3,658 2,557
Income taxes 1,576 709
Supplemental Disclosures of Noncash Investing and Financing Activities    
Unrealized gains (losses) on securities available for sale 4,167 (2,110)
Unrealized losses on securities transferred from held to maturity to available for sale (431)
Fair value of securities transferred from held to maturity to available for sale 23,036
Change in pension liability (126)
Transfer from loans to other real estate owned 68
Issuance of common stock, dividend reinvestment plan 83 46
First National Corporation 2014 Stock Incentive Plan [Member]    
Cash Flows from Financing Activities    
Repurchase of common stock (20) (24)
Employee Stock Ownership Plan [Member]    
Cash Flows from Financing Activities    
Repurchase of common stock $ (32)