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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 7,288 $ 7,932
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 1,624 1,226
Depreciation and amortization expense 902 787
Deferred income taxes 84 533
Stock compensation expense 289 190
Increase in cash value of life insurance (165) (165)
Loss on sale of securities and time deposits 0 132
Provisions for loan losses 1,576 975
Proceeds from sales of loans 107,225 44,058
Loans originated for sale (107,953) (46,335)
Gain on sale of loans (2,031) (771)
Amortization of tax credit investment 249 265
Unrealized (gain) loss on equity securities 126 (108)
Net realized and unrealized (gain) loss on foreclosed real estate (6) 253
Increase in accrued interest receivable (244) (22)
Increase (decrease) in accrued interest payable (42) 58
Net change in other assets/liabilities 229 (859)
Net Cash Provided By Operating Activities 9,151 8,149
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities of interest-bearing time deposits 646 1,180
Proceeds from sales of interest-bearing time deposits 0 1,705
Purchase of interest-bearing time deposits (999) (2,565)
Purchase of securities available for sale (65,534) (51,463)
Proceeds from maturities of securities available for sale 26,241 25,095
Proceeds from sales of securities available for sale 0 20,629
Principal collected on mortgage-backed obligations 33,588 18,217
Net increase in loans receivable (27,261) (34,534)
Investment in tax credit entity (1,380) (947)
Proceeds from sale of foreclosed real estate 170 3,014
Purchase of premises and equipment (400) (1,434)
Net Cash Used In Investing Activities 34,929 21,103
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 111,222 17,746
Purchase of treasury stock 147 44
Dividends paid (2,446) (2,402)
Net Cash Provided By Financing Activities 108,629 15,300
Net Increase in Cash and Cash Equivalents 82,851 2,346
Cash and cash equivalents at beginning of period 51,360 41,112
Cash and Cash Equivalents at End of Period $ 134,211 $ 43,458