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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Cash flows from operating activities          
Net Income $ 1,300 $ 787 $ 2,423 $ 1,547  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization     434 396  
Net amortization and accretion of premiums and discounts on securities     205 185  
(Gain) on sales of available-for-sale securities       (62)  
(Gain) on sales of loans held for sale (873) (598) (1,493) (969)  
Proceeds from sales of loans held for sale     56,811 36,364  
Origination of loans held for sale     (58,507) (34,076)  
Provision for loan losses 315 445 337 545 $ 993
(Gain) loss on sale of other real estate owned     (5) 17 1
Impairment of other real estate owned     110    
(Increase) in cash value of life insurance (85) (87) (170) (173)  
(Increase) decrease in interest receivable     (42) 80  
(Increase) decrease in other assets     (134) 70  
Decrease (increase) in income taxes receivable     27 (77)  
(Decrease) in interest payable     (4) (10)  
Increase in other liabilities     95 65  
Net cash provided by operating activities     87 3,902  
Cash flows from investing activities          
Proceeds from calls of securities held-to-maturity     2,000    
Purchases of securities available-for-sale     (998) (15,481)  
Proceeds from maturities, calls and paydowns of securities available-for-sale     1,108 2,013  
Proceeds from sale of securities available-for-sale       5,749  
(Purchase) of Federal Reserve Bank stock       (90)  
Redemption (purchase) of Federal Home Loan Bank stock     43 (42)  
Proceeds from sale of other real estate owned     525 253  
Origination of loans, net of principal collected     (33,610) (20,115)  
Purchases of premises and equipment     (374) (865)  
Net cash (used in) investing activities     (31,306) (28,578)  
Cash flows from financing activities          
Net increase in deposits     28,575 9,750  
Net increase in repurchase agreements       5,000  
Dividends paid to common stockholders     (525) (525)  
Proceeds from sale of 4% capital notes due 1/24/2022       5,000  
Net cash provided by financing activities     28,050 19,225  
(Decrease) in cash and cash equivalents     (3,169) (5,451)  
Cash and cash equivalents at beginning of period     37,018 28,683 28,683
Cash and cash equivalents at end of period $ 33,849 $ 23,232 33,849 23,232 37,018
Non cash transactions          
Transfer of loans to other real estate owned     565 675 $ 815
Fair value adjustment for securities available-for-sale     (1,316) 932  
Cash transactions          
Cash paid for interest     1,750 1,392  
Cash paid for income taxes     $ 650 $ 775