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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income $ 4,451 $ 2,707
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 1,692 1,684
Provision for loan and lease losses 2,010 2,945
Deferred income tax (benefit) provision (401) 720
Net gain on sale and prepayment of investment securities (22) (326)
Stock-based compensation expense 436 421
Net amortization of securities 338 420
Amortization of intangible assets 341 415
Net (gain) loss on premises and equipment and other real estate (53) 151
Changes in assets and liabilities:    
Decrease (increase) in accrued interest receivable 251 (319)
Decrease (increase) in other assets 1,137 (1,414)
Decrease in accrued interest expense (68) (245)
Decrease in other liabilities (287) (1,065)
Net cash provided by operating activities 9,825 6,094
Cash flows from investing activities:    
Net decrease in federal funds sold 3 9,995
Purchases of investment securities, available-for-sale (86,642) (36,328)
Proceeds from sales of investment securities, available-for-sale   12,203
Proceeds from maturities and prepayments of investment securities, available-for-sale 38,975 34,888
Proceeds from maturities and prepayments of investment securities, held-to-maturity 2,957 7,837
Net decrease in Federal Home Loan Bank stock 265 2
Proceeds from the sale of premises and equipment and other real estate 2,061 2,619
Net increase in loans (65,112) (96,320)
Purchases of premises and equipment (822) (955)
Net cash used in investing activities (108,315) (66,059)
Cash flows from financing activities:    
Net increase in customer deposits 55,914 98,550
Net increase (decrease) in short-term borrowings 29 (8)
Net proceeds from long-term borrowings 10,653  
Net share-based compensation transactions (7)  
Treasury stock repurchases (525) (452)
Dividends paid (745) (740)
Net cash provided by financing activities 65,319 97,350
Net (decrease) increase in cash and cash equivalents (33,171) 37,385
Cash and cash equivalents, beginning of period 94,415 57,030
Cash and cash equivalents, end of period $ 61,244 $ 94,415