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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net earnings $ 5,016 $ 5,418
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation, amortization and accretion 2,506 2,862
(Reduction)/Provision for loan losses (187) (748)
Deferred income taxes (1,122) (532)
Gain on sale of investment securities 0 (324)
Gain on sale of other real estate 0 (83)
Write-down of other real estate 283 3
Loss on sale of premises and equipment 32 0
Restricted stock expense 471 252
Proceeds from sales of mortgage loans held for sale 34,845 30,099
Origination of mortgage loans held for sale (32,649) (28,974)
Change in:    
Cash surrender value of life insurance (399) (207)
Other assets 230 518
Other liabilities (240) 630
Net cash provided by operating activities 8,786 8,914
Cash flows from investing activities:    
Purchases of investment securities available for sale (3,138) (6,686)
Proceeds from sales, calls and maturities of investment securities available for sale 4,285 2,774
Proceeds from paydowns of investment securities available for sale 8,682 9,949
Purchases of FHLB stock (45) 0
FHLB stock redemption 0 2
Net change in loans (21,423) (13,512)
Purchases of premises and equipment (3,980) (444)
Proceeds from sale of other real estate and repossessions 0 855
Net cash used by investing activities (15,619) (7,062)
Cash flows from financing activities:    
Net change in deposits (433) 9,225
Net change in securities sold under agreement to repurchase 13,543 14,841
Proceeds from Fed Funds purchased 0 8,985
Repayments of Fed Funds purchased 0 (8,995)
Cash dividends paid on common stock (1,316) (1,007)
Net cash provided by financing activities 11,794 23,049
Net change in cash and cash equivalents 4,961 24,911
Cash and cash equivalents at beginning of period 70,094 39,763
Cash and cash equivalents at end of period 75,055 64,674
Cash paid during the period for:    
Interest 1,241 1,608
Income taxes 40 2,851
Noncash investing and financing activities:    
Change in unrealized gain on investment securities available for sale, net 1,952 2,509
Issuance of accrued restricted stock units (852) 0
Transfers of loans to other real estate and repossessions $ 0 $ 271