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Consolidated Statements of Cash Flows
$ in Thousands
 6 Months Ended
Jun. 30, 2019
USD ($)
Jun. 30, 2018
USD ($)
Cash flows from operating activities:    
Net earnings $ 4,850 $ 4,459
Adjustments to reconcile net earnings to net cash provided by operating activties:    
Provision for loan losses 0 0
Depreciation and amortization 448 467
Premium amortization and discount accretion, net 886 1,053
Net gain on securities available for sale (13) 0
Net gain on sale of loans held for sale (188) (198)
Loans originated for sale (11,312) (17,282)
Proceeds from sale of loans 9,786 17,344
Increase in cash surrender value of bank owned life insurance (217) (213)
Net decrease in other assets (900) (68)
Net increase (decrease) in accrued expenses and other liabilities 983 (635)
Net cash provided by operating activities 4,323 4,927
Cash flows from investing activities:    
Proceeds from sales of securities available-for-sale 7,662 0
Proceeds from prepayments and maturities of securities available-for-sale 22,222 17,275
Purchase of securities available-for-sale (33,839) (17,124)
Increase in loans, net 826 (4,288)
Net purchases of premises and equipment (1,459) (36)
Decrease (increase) in FHLB stock 32 (20)
Proceeds from sale of other real estate owned 0 1,223
Net cash provided by investing activities (4,556) (2,970)
Cash flows from financing activities:    
Net increase in noninterest-bearing deposits 5,223 5,552
Net increase (decrease) in interest-bearing deposits 11,085 (42,206)
Net (decrease) increase in federal funds purchased and securities sold under agreements to repurchase (1,200) 74
Repayments or retirement of long-term debt 0 (3,217)
Stock repurchases (2,497) 0
Proceeds from sale of treasury stock 5 6
Dividends paid (1,791) (1,749)
Net cash used in financing activities 10,825 (41,540)
Net change in cash and cash equivalents 10,592 (39,583)
Cash and cash equivalents at beginning of period 65,076 105,528
Cash and cash equivalents at end of period 75,668 65,945
Cash paid during the period for:    
Interest 2,029 1,770
Income taxes 1,499 1,678
Supplemental disclosure of non-cash transactions:    
Initial recognition of operating lease right of use assets 891  
Initial recognition of operating lease liabilities 889  
Real estate acquired through foreclosure $ 82 $ 1,360