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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net income $ 4,770 $ 4,358
Adjustments to reconcile to net income to net cash from operating activities    
Provision for loan losses 513 3,870
Depreciation 816 794
Amortization of premiums and discounts on securities 3 3
Amortization of intangibles 21 34
Amortization of servicing assets 37 43
Net change in net deferred loan origination costs 454 91
Gain on sale of other real estate owned (30) (91)
Gain on sale of equity securities 0 (295)
Loss on disposal of other assets 2 19
Other real estate owned valuation adjustments 0 21
Earnings on bank-owned life insurance [1] (41) (68)
Net change in:    
Accrued interest receivable 116 (465)
Other assets 2,316 1,580
Accrued interest payable and other liabilities (2,539) (2,905)
Net cash from operating activities 6,438 6,989
Cash flows from investing activities    
Proceeds from maturities 35,318 51,006
Proceeds from principal repayments 1,386 1,138
Proceeds from sale of equity securities 0 3,722
Purchases of securities (35,940) (51,023)
Net decrease in loans receivable 85,164 52,289
Purchase of FHLB and FRB stock 0 (4)
Redemption of FHLB and FRB stock 0 540
Proceeds from sale of other real estate owned 95 845
Purchase of premises and equipment, net (795) (531)
Net cash from investing activities 85,228 57,982
Cash flows from financing activities    
Deposits 103,398 (22,277)
Borrowings 3,939 (20,251)
Advance payments by borrowers for taxes and insurance 2,134 2,995
Repurchase and retirement of common stock (3,676) (16,841)
Cash dividends paid on common stock (3,021) (3,194)
Net cash from (used in) financing activities 102,774 (59,568)
Net change in cash and cash equivalents 194,440 5,403
Beginning cash and cash equivalents 190,325 98,204
Ending cash and cash equivalents 384,765 103,607
Supplemental disclosures of cash flow information:    
Interest paid 4,564 6,863
Income taxes paid 226 400
Income taxes refunded 8 0
Loans transferred to other real estate owned 33 46
Recording of right of use asset in exchange for lease obligations in other assets and other liabilities $ 111 $ 6,694
[1] Not within the scope of ASC 606