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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net earnings $ 14,067 $ 13,382 $ 10,268
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation, amortization and accretion 3,964 4,571 5,018
Provision for (reduction of) loan losses 863 790 (507)
Deferred income taxes 176 78 2,120
Gain on sale of investment securities (226) (15) 0
Gain on sale of other real estate (6) (17) 0
Write-down of other real estate 17 0 239
Gain (loss) on sale of premises and equipment 239 (544) 0
Restricted stock expense 270 85 592
Proceeds from sales of loans held for sale 56,364 35,922 59,193
Origination of loans held for sale (60,101) (35,745) (54,341)
Change in:      
Cash surrender value of life insurance (383) (384) (600)
Right of use lease asset 787 0 0
Other assets 940 (3,695) (3,982)
Lease liability (762) 0 0
Other liabilities (3,012) 2,759 594
Net cash provided by operating activities 13,197 17,187 18,594
Cash flows from investing activities:      
Purchases of investment securities available for sale (54,212) (34,692) (10,014)
Proceeds from sales, calls and maturities of investment securities available for sale 40,561 48,241 10,162
Proceeds from paydowns of investment securities available for sale 14,489 15,556 17,202
Purchases of other investments (45) (2,611) (45)
Proceeds from paydowns of other investment securities 176 117 0
Net change in FHLB stock (1) (4) 850
Net change in loans (46,505) (45,094) (36,748)
Purchases of premises and equipment (2,835) (1,742) (5,557)
Proceeds from sale of premises and equipment 149 1,410 0
Proceeds from sale of other real estate and repossessions 42 232 44
Net cash used by investing activities (48,181) (18,587) (24,106)
Cash flows from financing activities:      
Net change in deposits 89,304 (29,739) 14,034
Net change in securities sold under agreement to repurchase (33,874) 20,338 1,323
Proceeds from FHLB borrowings 184,500 0 1
Repayments of FHLB borrowings (184,500) 0 (20,001)
Proceeds from FRB borrowings 1 1 1
Repayments of FRB borrowings (1) (1) (1)
Proceeds from Fed Funds Purchased 100,252 4,277 187
Repayments of Fed Funds Purchased (100,252) (4,277) (187)
Repayments of Junior Subordinated Debentures (5,000) 0 0
Common stock repurchased (2,490) 0 0
Cash dividends paid in lieu of fractional shares 0 0 (6)
Cash dividends paid on common stock (3,939) (3,133) (2,629)
Net cash (used) provided by financing activities 44,001 (12,534) (7,278)
Net change in cash and cash equivalents 9,017 (13,934) (12,790)
Cash and cash equivalents at beginning of period 43,370 57,304 70,094
Cash and cash equivalents at end of period 52,387 43,370 57,304
Cash paid during the year for:      
Interest 3,750 2,128 2,526
Income taxes 3,206 1,163 2,408
Noncash investing and financing activities:      
Change in unrealized gain (loss) on investment securities available for sale, net 2,658 (2,607) (1)
Transfer of loans to other real estate and repossessions 26 124 118
Issuance of accrued restricted stock units 207 0 (915)
Initial recognition of lease right of use asset and lease liability recorded upon adoption of ASU 2016002 4,401 0 0
Recognition of right of use lease asset and lease liability $ 8 $ 0 $ 0