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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net earnings $ 4,122 $ 4,012
Adjustments to reconcile net earnings to net cash provided by operating activties:    
Provision for loan losses (600) 0
Depreciation and amortization 544 545
Premium amortization and discount accretion, net 692 804
Net gain on securities available for sale 0 (3)
Net gain on sale of loans held for sale (367) (644)
Increase (decrease) in MSR valuation allowance 1 (39)
Net (gain) loss on other real estate owned (43) 5
Loss on prepayment of long-term debt 0 362
Loans originated for sale (20,327) (38,404)
Proceeds from sale of loans 20,523 36,883
Increase in cash surrender value of bank owned life insurance (225) (237)
Income recognized from death benefit on bank-owned life insurance 0 (276)
Net (increase) decrease in other assets (425) 237
Net increase (decrease) in accrued expenses and other liabilities 510 (84)
Net cash provided by operating activities 4,405 3,161
Cash flows from investing activities:    
Proceeds from maturities of securities available-for-sale 30,922 16,698
Purchase of securities available-for-sale (3,164) (4,637)
Increase in loans, net (3,693) (5,491)
Net purchases of premises and equipment (57) (415)
Proceeds from bank-owned life insurance death benefit 0 1,319
(Increase) decrease in FHLB stock (25) 191
Proceeds from sale of other real estate owned 203 30
Net cash provided by investing activities 24,186 7,695
Cash flows from financing activities:    
Net increase in noninterest-bearing deposits 10,924 19,576
Net increase in interest-bearing deposits 12,988 3,028
Net decrease in federal funds purchased and securities sold under agreements to repurchase (373) (1,769)
Repayments or retirement of long-term debt 0 (5,362)
Dividends paid (1,640) (1,603)
Net cash provided by (used in) financing activities 21,899 13,870
Net change in cash and cash equivalents 50,490 24,726
Cash and cash equivalents at beginning of period 113,930 83,503
Cash and cash equivalents at end of period 164,420 108,229
Cash paid during the period for:    
Interest 2,062 2,366
Income taxes 1,403 1,241
Supplemental disclosure of non-cash transactions:    
Real estate acquired through foreclosure $ 248 $ 0