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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net earnings $ 6,479 $ 5,016
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation, amortization and accretion 2,418 2,506
(Reduction)/Provision for loan losses 262 (187)
Deferred income taxes (7) (1,122)
Gain on sale of investment securities (50) 0
Gain on sale of other real estate (3) 0
Write-down of other real estate 0 283
Loss on sale of premises and equipment 2 32
Restricted stock expense 139 471
Proceeds from sales of mortgage loans held for sale 18,475 34,845
Origination of mortgage loans held for sale (18,289) (32,649)
Change in:    
Cash surrender value of life insurance (191) (399)
Other assets (1,249) 230
Other liabilities (197) (240)
Net cash provided by operating activities 7,789 8,786
Cash flows from investing activities:    
Purchases of investment securities available for sale (17,347) (3,138)
Proceeds from sales, calls and maturities of investment securities available for sale 23,384 4,285
Proceeds from paydowns of investment securities available for sale 8,519 8,682
Purchases of other investments (2,611) 0
Proceeds from paydowns on other investments 29 0
Purchases of FHLB stock (4) (45)
Net change in loans (22,044) (21,423)
Purchases of premises and equipment (898) (3,980)
Proceeds from sale of other real estate and repossessions 128 0
Net cash used by investing activities (10,844) (15,619)
Cash flows from financing activities:    
Net change in deposits 8,060 (433)
Net change in securities sold under agreement to repurchase 8,813 13,543
Proceeds from Fed Funds purchased 850 0
Repayments of Fed Funds purchased (850) 0
Cash dividends paid on common stock (1,567) (1,316)
Net cash provided by financing activities 15,306 11,794
Net change in cash and cash equivalents 12,251 4,961
Cash and cash equivalents at beginning of period 57,304 70,094
Cash and cash equivalents at end of period 69,555 75,055
Cash paid during the period for:    
Interest 973 1,241
Income taxes 252 40
Noncash investing and financing activities:    
Change in unrealized gain on investment securities available for sale, net (2,721) 1,952
Issuance of accrued restricted stock units 0 (852)
Transfers of loans to other real estate and repossessions $ 97 $ 0