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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income $ 1,455 $ 1,329
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 781 726
Provision for loan losses 1,464 1,383
Deferred income tax provision 231 368
Net gain on sale and prepayment of investment securities (228) (657)
Stock-based compensation expense 262 218
Net amortization of securities (869) (1,163)
Net loss on premises and equipment and other real estate 453 573
Changes in assets and liabilities:    
Decrease (increase) in accrued interest receivable 110 (14)
Decrease in other assets 57 224
Increase in accrued interest expense 40 51
Decrease in other liabilities (114) (27)
Net cash provided by operating activities 5,380 5,337
Cash flows from investing activities:    
Purchases of investment securities, available-for-sale (15,254) (49,236)
Purchases of investment securities, held-to-maturity (4,696) (13,850)
Proceeds from sales of investment securities, available-for-sale 1,749 30,439
Proceeds from maturities and prepayments of investment securities, available-for-sale 38,570 37,131
Proceeds from maturities and prepayments of investment securities, held-to-maturity 3,119 17,779
Net decrease (increase) in Federal Home Loan Bank stock 185 (343)
Proceeds from the sale of premises and equipment and other real estate 1,215 1,208
Net change in loan portfolio (17,326) (64,081)
Purchases of premises and equipment (9,858) (4,554)
Net cash used in investing activities (2,296) (45,507)
Cash flows from financing activities:    
Net increase in customer deposits 10,829 14,570
Net increase (decrease) in other borrowings 516 (2,017)
Net increase (decrease) in Federal Home Loan Bank advances (5,000) 10,000
Net share-based compensation transactions (41) 0
Dividends paid (364) (362)
Net cash provided by financing activities 5,940 22,191
Net increase (decrease) in cash and cash equivalents 9,024 (17,979)
Cash and cash equivalents, beginning of period 23,530 44,072
Cash and cash equivalents, end of period 32,554 26,093
Supplemental disclosures:    
Interest 1,862 1,632
Income taxes 77 85
Non-cash transactions:    
Assets acquired in settlement of loans 608 1,009
Reissuance of treasury stock as compensation $ 350 $ 53