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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Net income $ 2,701 $ 2,822
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Amortization of premiums and accretion of discounts on securities, net 349 347
Depreciation and amortization expense 349 348
Deferred income taxes 263 (65)
Stock compensation expense 38 0
Increase in cash value of life insurance (67) (77)
Gain on life insurance (110) 0
Gain on sale of securities 0 (54)
Provision for loan losses 50 115
Proceeds from sales of loans 16,586 12,656
Loans originated for sale (16,165) (14,550)
Gain on sale of loans (486) (319)
Decrease in accrued interest receivable 42 165
Decrease in accrued interest payable (33) (37)
Net change in other assets/liabilities (735) (592)
Net Cash Provided By Operating Activities 2,782 759
CASH FLOWS FROM INVESTING ACTIVITIES    
Investment in interest-bearing time deposits (1,490) (1,475)
Proceeds from maturities and sales of interest-bearing time deposits 245 0
Purchase of securities available for sale (15,366) (15,469)
Proceeds from maturities of securities available for sale 10,264 10,923
Proceeds from sales of securities available for sale 0 2,612
Principal collected on mortgage-backed obligations 6,016 4,892
Net (increase) decrease in loans receivable 1,125 (9,564)
Proceeds from redemption of Federal Home Loan Bank stock 691 0
Proceeds from sale of foreclosed real estate 74 375
Purchase of premises and equipment (379) (473)
Net Cash Provided By Investing Activities 1,180 (8,179)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 3,611 12,923
Net decrease in advances from Federal Home Loan Bank 0 (500)
Net increase in retail repurchase agreements 0 1,307
Purchase of treasury stock 0 (844)
Dividends paid (1,169) (1,174)
Net Cash Provided By (Used In) Financing Activities 2,442 11,712
Net Increase in Cash and Cash Equivalents 6,404 4,292
Cash and cash equivalents at beginning of period 33,243 11,136
Cash and Cash Equivalents at End of Period $ 39,647 $ 15,428