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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Cash Flows From Operating Activities:          
Net Income $ 2,492 $ 2,021 $ 4,263 $ 3,595 $ 3,790
Adjustments to reconcile net income:to cash provided by operating activities:          
Recovery of provision for credit losses (52) 12 (31)   (10)
Depreciation and amortization     654   731
Amortization of investment securities     278   194
Accretion of investment securities     (4)   (19)
Increase in accrued interest receivable     (1,191)   (918)
Decrease in accrued interest payable     (43)   (1)
Decrease in accounts payable and accrued liabilities     (398)   (729)
Decrease (increase) in unearned fees and unamortized loan origination costs, net     152   (1,401)
(Increase) decrease in income taxes receivable     (1,319)   1,956
Stock-based compensation expense     60   14
(Benefit) provision for deferred income taxes     (247)   194
Gain on sale of other real estate owned     (336)   (53)
Increase in cash surrender value of bank-owned life insurance     (266)   (264)
Loss (gain) on fair value option of financial liabilities     601   (471)
Loss on tax credit limited partnership interest 10 37 119   73
Net increase in other assets     (42)   (77)
Net cash provided by operating activities     2,250   3,009
Cash Flows From Investing Activities:          
Net increase in interest-bearing deposits with banks     (2)   (4)
Purchase of correspondent bank stock     (495)   (101)
Purchases of available-for-sale securities     0   (14,940)
Principal payments of available-for-sale securities     4,112   3,330
Net decrease (increase) in loans     2,654   (38,919)
Cash proceeds from sales of other real estate owned     1,062   2,410
Payoff of senior liens on other real estate owned     0   (705)
Investment in limited partnership     (1,028)   (66)
Capital expenditures of premises and equipment     (919)   (345)
Net cash provided by (used in) investing activities     5,384   (49,340)
Cash Flows From Financing Activities:          
Net increase in demand deposits and savings accounts     24,885   16,964
Net decrease in time deposits     35,203   1,820
Proceeds from exercise of stock options     6   0
Dividends on common stock ($0.05 per share)     (846)   0
Net cash (used in) provided by financing activities     (11,158)   15,144
Net decrease in cash and cash equivalents     (3,524)   (31,187)
Cash and cash equivalents at beginning of period     113,032 94,564 125,751
Cash and cash equivalents at end of period $ 109,508 $ 94,564 $ 109,508 $ 113,032 $ 94,564
Dividends on common stock (in dollars per share)     $ 0.05