XML 17 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Cash flows from operating activities          
Net Income $ 1,015 $ 1,055 $ 2,562 $ 2,993  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization     601 579  
Net amortization and accretion of premiums and discounts on securities     280 419  
(Gain) on sales of available for-sale-securities     (113) (437)  
(Gain) on call of held-to-maturity securities       (7)  
(Gain) on sales of loans held for sale (694) (593) (1,663) (1,765)  
Provision for loan losses 200 145 745 595 $ 1,612
(Gain) on sale of other real estate owned       (1) (1)
Impairment of other real estate owned     60 50  
(Increase) in cash value of life insurance (86) (75) (259) (205)  
(Increase) in interest receivable     (218) (59)  
Increase in other assets     69 269  
Increase in income taxes receivable     (61) (130)  
Increase in interest payable     12 16  
Increase in other liabilities     355 187  
Proceeds from sales of loans held for sale     63,271 62,491  
Origination of loans held for sale     (59,277) (61,810)  
Net cash provided by operating activities     6,364 3,185  
Cash flows from investing activities          
Purchases of securities held-to-maturity       (1,290)  
Proceeds from maturities and calls of securities held-to-maturity       500  
Purchases of securities available-for-sale     (20,728) (31,576)  
Proceeds from maturities, calls and paydowns of securities available-for-sale     2,655 8,675  
Proceeds from sale of securities available-for-sale     9,941 19,934  
(Purchase) of bank owned life insurance       (2,600)  
(Purchase) of Federal Reserve Bank stock     (90)    
(Purchase) of Federal Home Loan Bank stock     (42) (60)  
Proceeds from sale of other real estate owned     515 21  
Improvements to other real estate owned     (29)    
Origination of loans, net of principal collected     (30,971) (27,761)  
Purchases of premises and equipment     (1,574) (752)  
Proceeds from sale of other assets     1    
Net cash (used in) investing activities     (40,322) (34,909)  
Cash flows from financing activities          
Net increase in deposits     37,403 39,787  
Dividends paid to common stockholders     (788) (787)  
Proceeds from sale of 4% capital notes due 1/24/2022     5,000    
Retirement of 6% capital notes due 4/1/2017       (10,000)  
Net cash provided by financing activities     41,615 29,000  
Increase (decrease) in cash and cash equivalents     7,657 (2,724)  
Cash and cash equivalents at beginning of period     28,683 28,655 28,655
Cash and cash equivalents at end of period $ 36,340 $ 25,931 36,340 25,931 28,683
Non cash transactions          
Transfer of loans to other real estate owned     815 475 $ 470
Fair value adjustment for securities     906 929  
Cash transactions          
Cash paid for interest     2,156 1,692  
Cash paid for taxes     $ 1,275 $ 1,550