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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 950 $ 847
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 445 399
Provision for loan and lease losses 401 580
Deferred income tax provision 29 266
Stock-based compensation expense 103 90
Net amortization of securities 72 96
Amortization of intangible assets 91 110
Net loss on premises and equipment and other real estate 39 171
Changes in assets and liabilities:    
Decrease in accrued interest receivable 214 97
Increase in other assets (321) (299)
Decrease in accrued interest expense (50) (50)
Decrease in other liabilities (86) (1,308)
Net cash provided by operating activities 1,887 999
Cash flows from investing activities:    
Net decrease (increase) in federal funds sold 1 (5,000)
Purchases of investment securities, available-for-sale (3,512) (9,142)
Proceeds from maturities and prepayments of investment securities, available-for-sale 18,199 7,365
Proceeds from maturities and prepayments of investment securities, held-to-maturity 738 787
Net decrease in Federal Home Loan Bank stock 265 2
Proceeds from the sale of premises and equipment and other real estate 279 190
Net (increase) decrease in loans (21,921) 5,699
Purchases of premises and equipment (122) (233)
Net cash used in investing activities (6,073) (332)
Cash flows from financing activities:    
Net increase (decrease) in deposits 35,831 (1,067)
Net increase in short-term borrowings   127
Net share-based compensation transactions (7)  
Treasury stock repurchases   (452)
Dividends paid (186) (184)
Net cash provided by (used in) financing activities 35,638 (1,576)
Net increase (decrease) in cash and cash equivalents 31,452 (909)
Cash and cash equivalents, beginning of period 94,415 57,030
Cash and cash equivalents, end of period 125,867 56,121
Supplemental disclosures:    
Interest 830 1,561
Income taxes   147
Non-cash transactions:    
Assets acquired in settlement of loans $ 400 $ 335