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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net earnings $ 7,480 $ 6,479
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation, amortization and accretion 1,926 2,418
Right of use lease asset amortization 392 0
Provision for loan losses 255 262
Deferred income taxes (4) (7)
Gain on sale of investment securities (231) (50)
Gain on sale of other real estate 0 (3)
Write-down of other real estate 17 0
Loss on sale of premises and equipment 0 2
Restricted stock expense 170 139
Proceeds from sales of mortgage loans held for sale 18,572 18,475
Origination of mortgage loans held for sale (20,201) (18,289)
Change in:    
Cash surrender value of life insurance (190) (191)
Other assets 1,409 (1,249)
Other liabilities (3,996) (197)
Net cash provided by operating activities 5,599 7,789
Cash flows from investing activities:    
Purchases of investment securities available for sale (21,405) (17,347)
Proceeds from sales, calls and maturities of investment securities available for sale 23,707 23,384
Proceeds from paydowns of investment securities available for sale 6,354 8,519
Purchases of other investments 0 (2,611)
Proceeds from paydowns on other investments 66 29
Purchases of FHLB stock (1) (4)
Net change in loans (29,503) (22,044)
Purchases of premises and equipment (1,827) (898)
Proceeds from sale of other real estate and repossessions 0 128
Net cash used by investing activities (22,609) (10,844)
Cash flows from financing activities:    
Net change in deposits 27,014 8,060
Net change in securities sold under agreement to repurchase (10,362) 8,813
Proceeds from FHLB borrowings 89,000 0
Repayments of FHLB borrowings (89,000) 0
Proceeds from Fed Funds Purchased 74,450 850
Repayments of Fed Funds Purchased (74,450) (850)
Common stock repurchased (1,913) 0
Cash dividends paid on common stock (2,277) (1,567)
Net cash provided by financing activities 12,462 15,306
Net change in cash and cash equivalents (4,548) 12,251
Cash and cash equivalents at beginning of period 43,370 57,304
Cash and cash equivalents at end of period 38,822 69,555
Cash paid during the period for:    
Interest 1,529 973
Income taxes 1,616 252
Noncash investing and financing activities:    
Change in unrealized gain on investment securities available for sale, net 2,813 (2,721)
Issuance of accrued restricted stock units 207 0
Transfers of loans to other real estate and repossessions 0 97
Initial recognition of lease right-of-use asset and lease liability $ 4,392 $ 0