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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 847 $ 1,234
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 399 400
Provision for loan and lease losses 580 400
Deferred income tax provision 266 344
Net gain on sale and prepayment of investment securities   (13)
Stock-based compensation expense 90 93
Net amortization of securities 96 153
Amortization of intangible assets 110 128
Net loss on premises and equipment and other real estate 171 114
Changes in assets and liabilities:    
Decrease in accrued interest receivable 97 330
Increase in other assets (299) (4,252)
Increase (decrease) in accrued interest expense (50) 69
Increase (decrease) in other liabilities (1,308) 3,081
Net cash provided by operating activities 999 2,081
Cash flows from investing activities:    
Net increase in federal funds sold (5,000) (6,726)
Purchases of investment securities, available-for-sale (9,142) (2,560)
Proceeds from maturities and prepayments of investment securities, available-for-sale 7,365 8,864
Proceeds from maturities and prepayments of investment securities, held-to-maturity 787 602
Net (increase) decrease in Federal Home Loan Bank stock 2 (10)
Proceeds from the sale of premises and equipment and other real estate 190 464
Net decrease in loans 5,699 11,440
Purchases of premises and equipment (233) (1,691)
Net cash (used in) provided by investing activities (332) 10,383
Cash flows from financing activities:    
Net decrease in deposits (1,067) (1,364)
Net increase (decrease) in short-term borrowings 127 (527)
Treasury stock repurchases (452)  
Dividends paid (184) (126)
Net cash used in financing activities (1,576) (2,017)
Net (decrease) increase in cash and cash equivalents (909) 10,447
Cash and cash equivalents, beginning of period 57,030 49,599
Cash and cash equivalents, end of period 56,121 60,046
Supplemental disclosures:    
Interest 1,561 1,571
Income taxes 147 151
Non-cash transactions:    
Assets acquired in settlement of loans $ 335 $ 267