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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Cash Flows from Operating Activities      
Net income $ 4,766 $ 3,979  
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 50 479 $ 1,991
Depreciation of bank premises and equipment 164 176  
Amortization of premiums and accretion of discounts, net 416 193  
Gain on sales and calls of securities available for sale, net (5) (20)  
Loss and write-down on other real estate owned, net 26 4  
Increase in cash value of bank-owned life insurance (206) (221)  
Origination of mortgage loans held for sale (6,266) (6,428)  
Proceeds from sale of mortgage loans held for sale 6,845 5,639  
Gain on sale of mortgage loans held for sale (137) (94)  
Net change in:      
Accrued interest receivable (339) 5  
Other assets 1,340 625  
Accrued interest payable (7) (7)  
Other liabilities 106 883  
Net cash provided by operating activities 6,753 5,213  
Cash Flows from Investing Activities      
Net change in interest-bearing deposits (14,417) 4,983  
Proceeds from calls, principal payments, sales and maturities of securities available for sale 15,331 53,872  
Purchase of securities available for sale (55,944) (52,923)  
Net change in restricted stock 434 (59)  
Purchase of loan participations (951) (18)  
Collection of loan participations 93 87  
Loan originations and principal collections, net (9,761) 3,720  
Proceeds from sale of other real estate owned 570 24  
Proceeds from disposal of repossessed assets 0 27  
Recoveries on loans charged off 52 73  
Proceeds from sale and purchases of premises and equipment, net (84) (1,315)  
Net cash provided by (used in) investing activities (64,677) 8,471  
Cash Flows from Financing Activities      
Net change in time deposits 67 (4,230)  
Net change in other deposits 61,378 (7,340)  
Common stock repurchased (3,991) 0  
Net cash provided by (used in) financing activities 57,454 (11,570)  
Net change in cash and due from banks (470) 2,114  
Cash and due from banks at beginning of period 13,147 10,290 10,290
Cash and due from banks at end of period 12,677 12,404 $ 13,147
Supplemental Disclosures of Cash Flow Information      
Interest paid on deposits 862 1,803  
Income taxes paid 0 0  
Supplemental Disclosure of Noncash Activities      
Loans charged against the allowance for loan losses 47 175  
Loans transferred to other real estate owned   0  
Loans transferred to repossessed assets 11 4  
Unrealized net gain (loss) on securities available for sale (15,585) 4,878  
Lease liabilities arising from obtaining right-of-use assets $ 0 $ 0