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Consolidated Statements Of Cash Flows - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Cash flows from operating activities      
Net Income $ 995,000 $ 1,234,000  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 504,000 377,000  
Stock based compensation expense 27,000 27,000  
Net amortization and accretion of premiums and discounts on securities 100,000 100,000  
(Gain) on sales of available-for-sale securities (431,000)    
(Gain) on sales of loans held for sale (1,177,000) (691,000)  
Proceeds from sales of loans held for sale 46,037,000 20,428,000  
Origination of loans held for sale (46,773,000) (20,671,000)  
Provision for loan losses 888,000 210,000 $ 523,000
(Gain) loss on sale of other real estate owned (6,000) 13,000 19,000
Impairment of other real estate owned 102,000 115,000  
(Increase) in cash value of life insurance (78,000) (83,000)  
(Increase) in interest receivable (56,000) (204,000)  
Decrease (increase) in other assets 39,000 (3,000)  
Increase in income taxes payable 223,000 (305,000)  
Increase in interest payable 3,000 27,000  
(Decrease) in other liabilities (206,000) (261,000)  
Net cash provided by operating activities 191,000 313,000  
Cash flows from investing activities      
Purchases of securities available-for-sale (8,259,000)    
Proceeds from maturities, calls and paydowns of securities available-for-sale 495,000 444,000  
Proceeds from sale of securities available-for-sale 14,619,000    
Purchases of bank owned life insurance (2,750,000)    
Life insurance proceeds 588,000    
Proceeds from sale of other real estate owned 500,000 349,000  
Origination of loans, net of principal collected 1,709,000 (6,453,000)  
Purchases of premises and equipment (159,000) (1,286,000)  
Net cash provided by (used in) investing activities 6,743,000 (6,946,000)  
Cash flows from financing activities      
Net increase in deposits 18,811,000 4,701,000  
Principal payments on finance lease obligations (80,000)    
Repurchases of common stock (275,000)    
Dividends paid to common stockholders (304,000) (263,000)  
Net cash provided by financing activities 18,152,000 4,438,000  
Increase (decrease) in cash and cash equivalents 25,086,000 (2,195,000)  
Cash and cash equivalents at beginning of period 39,111,000 50,325,000 50,325,000
Cash and cash equivalents at end of period 64,197,000 48,740,000 39,111,000
Non cash transactions      
Transfer of loans to other real estate owned 18,000 300,000 $ 785,000
Fair value adjustment for securities available-for-sale 1,856,000 1,311,000  
Lease liabilities arising from right-of-use assets   2,990,000  
Cash transactions      
Cash paid for interest 1,349,000 1,077,000  
Cash paid for income taxes