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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 773 $ 820
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 704 502
Provision for loan losses 1,360 1,091
Deferred income tax provision 154 242
Net gain on sale and prepayment of investment securities (105) (50)
Stock-based compensation expense 215 169
Net amortization of securities (424) (590)
Net loss on premises and equipment and other real estate 293 224
Changes in assets and liabilities:    
Decrease in accrued interest receivable 98 167
Increase in other assets (77) (67)
Increase in accrued interest expense 63 12
Decrease in other liabilities (155) (80)
Net cash provided by operating activities 3,747 3,620
Cash flows from investing activities:    
Purchases of investment securities, available-for-sale (15,224) (15,254)
Purchases of investment securities, held-to-maturity (4,696)
Proceeds from sales of investment securities, available-for-sale 4,221
Proceeds from maturities and prepayments of investment securities, available-for-sale 20,899 26,719
Proceeds from maturities and prepayments of investment securities, held-to-maturity 1,903 1,986
Net decrease in Federal Home Loan Bank stock 196 185
Proceeds from the sale of premises and equipment and other real estate 1,915 707
Net increase in loans (11,146) (9,198)
Purchases of premises and equipment (715) (7,850)
Net cash provided by (used in) investing activities 2,049 (7,401)
Cash flows from financing activities:    
Net increase in deposits 14,349 11,689
Net increase (decrease) in short-term borrowings (5,228) 573
Payments on long-term Federal Home Loan Bank advances (5,000)
Net share-based compensation transactions (41)
Dividends paid (243) (243)
Net cash provided by financing activities 8,878 6,978
Net increase in cash and cash equivalents 14,674 3,197
Cash and cash equivalents, beginning of period 27,124 23,530
Cash and cash equivalents, end of period 41,798 26,727
Supplemental disclosures:    
Interest 1,630 1,205
Income taxes 137 13
Non-cash transactions:    
Assets acquired in settlement of loans 378 353
Reissuance of treasury stock as compensation $ 278