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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Cash flows from operating activities          
Net Income $ 957 $ 843 $ 1,884 $ 1,548  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization     381 352  
Net amortization and accretion of premiums and discounts on securities     34 155  
(Gain) on sales of available for-sale-securities (4) (86) (33) (80)  
Provision for loan losses 57   157 55 $ 55
Loss (gain) on sale of other real estate owned     1 (2) 21
Impairment of other real estate owned     15 143  
(Increase) in loans held-for-sale     (1,942) (1,259)  
(Increase) in cash value of life insurance (68) (72) (136) (143)  
Decrease in interest receivable     30 133  
Decrease (increase) in other assets     (97) (38)  
(Increase) in income taxes receivable     (61) (41)  
Increase (decrease) in interest payable     16 (4)  
Increase in other liabilities     23 70  
Net cash provided by operating activities     272 889  
Cash flows from investing activities          
Proceeds from maturities and calls of securities held-to-maturity       1,000  
Purchases of securities available-for-sale     (12,414) (1,553)  
Proceeds from maturities, calls and paydowns of securities available-for-sale     30 103  
Proceeds from sale of securities available-for-sale     6,856 13,199  
Redemption of Federal Home Loan Bank stock     426 139  
Proceeds from sale of other real estate owned     25 287  
Improvements to other real estate owned     (25)    
Origination of loans, net of principal collected     (19,134) (18,818)  
Purchases of premises and equipment     (305) (297)  
Net cash (used in) investing activities     (24,541) (5,940)  
Cash flows from financing activities          
Net increase in deposits     45,889 12,863  
Net (decrease) in federal funds purchased     (3,189) (2,941)  
Net (decrease) in Federal Home Loan Bank advances     (12,000)    
Dividends paid to common stockholders     (337) (168)  
Net cash provided by financing activities     30,363 9,754  
Increase in cash and cash equivalents     6,094 4,703  
Cash and cash equivalents at beginning of period     12,743 16,671 16,671
Cash and cash equivalents at end of period 18,837 $ 21,374 18,837 21,374 $ 12,743
Non cash transactions          
Transfer of loans to other real estate owned     1,125 384  
Loans made to finance the sale of other real estate owned       78  
Unrealized gains (losses) on securities available-for-sale     (478) 2,242  
Common stock dividends declared, not paid $ 202   202    
Cash transactions          
Cash paid for interest     1,281 1,182  
Cash paid for taxes     $ 1,109 $ 723