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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating Activities    
Net Income $ 3,920 $ 3,487
Items providing/(using) cash    
Depreciation and amortization 696 547
Provision for loan losses 250 850
Expense of share-based compensation plan 80 41
Amortization of premiums and discounts on securities 461 499
Amortization of intangible assets 6 109
Amortization of originated mortgage servicing rights 482 501
Recapture of originated mortgage servicing rights impairment (269)
Impairment of mortgage servicing rights 1,236 80
Proceeds from sale of loans held for sale 148,995 150,977
Originations of loans held for sale (142,612) (146,906)
Gain from sale of loans (4,267) (3,780)
(Gain)/loss on sale of assets (181) 20
Changes in    
Interest receivable (137) (160)
Other assets (5,870) (7,804)
Interest payable and other liabilities 1,145 2,066
Net cash provided by operating activities 4,204 258
Investing Activities    
Purchases of available-for-sale securities (11,322) (25,456)
Proceeds from maturities of available-for-sale securities 7,145 11,155
Proceeds from sales of available-for-sale-securities 2,400
Net change in loans (47,150) (6,709)
Purchase of premises and equipment and software (497) (3,411)
Proceeds from sales or disposal of premises and equipment 5 36
Proceeds from sale of foreclosed assets 656 110
Net cash used in investing activities (48,763) (24,275)
Financing Activities    
Net increase in demand deposits, money market, interest checking and savings accounts 32,482 15,123
Net increase (decrease) in certificates of deposit 29,365 (3,103)
Net increase in securities sold under agreements to repurchase 5,391 2,429
Repayment of Federal Home Loan Bank advances (14,000)
Proceeds from Federal Home Loan Bank advances 2,000 4,000
Net proceeds from share based compensation plans 24 18
Repurchase of common stock (163) (2)
Dividends on common stock (566) (467)
Dividends on preferred stock (488) (469)
Net cash provided by financing activities 54,045 17,529
Increase in Cash and Cash Equivalents 9,486 (6,488)
Cash and Cash Equivalents, Beginning of Year 20,459 28,197
Cash and Cash Equivalents, End of Period 29,945 21,709
Supplemental Cash Flows Information    
Interest paid 1,385 1,269
Income taxes paid 2,309 1,060
Transfer of loans to foreclosed assets $ 243 $ 27