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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net earnings $ 3,303 $ 2,205
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation, amortization and accretion 1,230 1,228
Provision for/(Reduction) loan losses 31 (236)
Deferred income taxes (3) (1,122)
Gain on sale of other real estate (6) 0
Write-down of other real estate 0 283
Loss on sale of premises and equipment 2 33
Restricted stock expense 57 430
Proceeds from sales of mortgage loans held for sale 8,530 18,376
Origination of mortgage loans held for sale (8,176) (14,007)
Change in:    
Cash surrender value of life insurance (95) (299)
Other assets (742) 1,302
Other liabilities (319) (1,523)
Net cash provided by operating activities 3,812 6,670
Cash flows from investing activities:    
Purchases of investment securities available for sale 0 (3,071)
Proceeds from sales, calls and maturities of investment securities available for sale 7,630 2,830
Proceeds from paydowns of investment securities available for sale 5,159 5,152
Purchases of FHLB stock (4) (44)
Net change in loans (6,146) (12,101)
Purchases of premises and equipment (434) (2,647)
Proceeds from sale of other real estate and repossessions 124 0
Net cash provided (used) by investing activities 6,329 (9,881)
Cash flows from financing activities:    
Net change in deposits 672 15,496
Net change in securities sold under agreement to repurchase 500 5,729
Proceeds from Fed Funds purchased 850 0
Repayments of Fed Funds purchased (850) 0
Cash dividends paid on common stock (783) (658)
Net cash provided by financing activities 389 20,567
Net change in cash and cash equivalents 10,530 17,356
Cash and cash equivalents at beginning of period 57,304 70,094
Cash and cash equivalents at end of period 67,834 87,450
Cash paid during the period for:    
Interest 290 297
Income taxes 0 0
Noncash investing and financing activities:    
Change in unrealized gain on investment securities available for sale, net (2,013) 604
Issuance of accrued restricted stock units 0 (558)
Transfers of loans to other real estate and repossessions $ 62 $ 0