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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net earnings $ 2,453 $ 2,328
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation, amortization and accretion 1,475 1,471
(Reduction)/Provision for loan losses (216) 173
Deferred income taxes (547) 0
Gain on sale of other real estate (79) (87)
Write-down of other real estate 2 0
Restricted stock expense 70 117
Change in:    
Mortgage loans held for sale 3,153 569
Cash surrender value of life insurance (106) (104)
Other assets 435 (344)
Other liabilities (227) 580
Net cash provided by operating activities 6,413 4,703
Cash flows from investing activities:    
Purchases of investment securities available for sale (94) (7,359)
Proceeds from sales, calls and maturities of investment securities available for sale 40 505
Proceeds from paydowns of investment securities available for sale 5,130 5,872
Purchases of FHLB stock 0 (6)
FHLB stock redemption 2 125
Net change in loans (4,254) (11,601)
Purchases of premises and equipment (71) (297)
Proceeds from sale of other real estate and repossessions 786 1,283
Net cash provided (used) by investing activities 1,539 (11,478)
Cash flows from financing activities:    
Net change in deposits 20,942 15,260
Net change in securities sold under agreement to repurchase 8,182 (9,728)
Cash dividends paid on common stock (447) (342)
Net cash provided by financing activities 28,677 5,190
Net change in cash and cash equivalents 36,629 (1,585)
Cash and cash equivalents at beginning of period 39,763 69,098
Cash and cash equivalents at end of period 76,392 67,513
Cash paid during the period for:    
Interest 809 904
Income taxes 397 0
Noncash investing and financing activities:    
Change in unrealized gain on investment securities available for sale, net 890 863
Transfers of loans to other real estate and repossessions $ 55 $ 2,603