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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows From Operating Activities:    
Net Income $ 5,177 $ 4,659
Adjustments to reconcile net income:to cash provided by operating activities:    
Provision (recovery of provision) for credit losses 434 (101)
Depreciation and amortization 1,101 1,011
Amortization of investment securities 205 190
Accretion of investment securities (24) (26)
Increase in accrued interest receivable (245) (280)
Decrease in accrued interest payable (10) (2)
Decrease in accounts payable and accrued liabilities (165) (1,113)
(Decrease) increase in unearned fees (469) 121
Increase in income taxes payable 1,181 2,936
Stock-based compensation expense 20 23
Benefit for deferred income taxes 142 (14)
Gain on sale of other real estate owned (17) (109)
Write down on other real estate owned 188 0
Increase in cash surrender value of bank-owned life insurance (389) (384)
(Gain) Loss on fair value option of financial liabilities (346) 34
(Gain) on redemption of Jr subordinated debentures (78) 0
Loss (gain) on tax credit limited partnership interest 60 (15)
Amortization of intangibles 0 62
Loss (gain) on sale of investment in limited partnership 23 (691)
Gain on sale of premises and equipment 0 (25)
Net decrease in other assets (49) (170)
Net cash provided by operating activities 6,739 6,106
Cash Flows From Investing Activities:    
Net increase in interest-bearing deposits with banks (4) (5)
Purchase of correspondent bank stock (147) (97)
Purchases of available-for-sale securities 0 (10,192)
Maturities of available-for-sale securities 9,000 0
Principal payments of available-for-sale securities 4,639 3,934
Net increase in loans (57,456) (50,199)
Cash proceeds from sales of other real estate owned 1,192 1,020
Investment in limited partnership (119) (70)
Cash proceeds from sale of investment in limited partnership 0 1,250
Capital expenditures of premises and equipment (495) (628)
Net cash used in investing activities (43,390) (54,987)
Cash Flows From Financing Activities:    
Net increase in demand deposits and savings accounts 58,232 55,365
Net (decrease) in certificates of deposit (6,970) (6,906)
Redemption of Jr subordinated debentures (1,800) 0
Proceeds from exercise of stock options 0 95
Net cash provided by financing activities 49,462 48,554
Net increase (decrease) in cash and cash equivalents 12,811 (327)
Cash and cash equivalents at beginning of period 103,577 135,212
Cash and cash equivalents at end of period $ 116,388 $ 134,885