XML 17 R7.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 1,596 $ (3,715)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Investment securities amortization, net 60 119
Stock dividends from correspondent banks (41) (62)
Amortization of prepayment penalties on debt restructuring 135 135
Provision for (reversal of) credit losses (36) 531
Increase in cash surrender value of bank-owned life insurance (360) (344)
Loss on sales of investment securities   5,507
Loss (gain) on disposals and sales of premises and equipment 1 (6)
Stock-based compensation 649 608
Depreciation of premises and equipment 315 306
Net write-downs and losses on the sale of foreclosed assets 106 57
Deferred income tax expense (benefit) 248 (1,039)
Increase in other assets (107) (215)
Increase (decrease) in other liabilities (76) 654
Net cash provided by operating activities 2,490 2,536
Activity in available-for-sale securities:    
Proceeds from maturities, calls, and paydowns 2,485 3,845
Proceeds from sales   42,525
Purchases (17,528) (7,873)
Activity in held-to-maturity securities:    
Purchases (1,506)  
Net decrease (increase) in loans 2,209 (21,515)
Proceeds from sale of foreclosed assets 29 114
Purchases of premises and equipment (185) (375)
Purchase of Federal Home Loan Bank Stock (108)  
Proceeds from redemption of Federal Home Loan Bank Stock 1,171  
Proceeds from sale of premises and equipment   12
Net cash (used in) provided by investing activities (13,433) 16,733
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 698 1,814
Borrowings from the Federal Home Loan Bank of Dallas 5,001 793
Repayments of borrowings from Federal Home Loan Bank of Dallas (1) (793)
Borrowings from the Federal Reserve Bank of Atlanta   43,000
Repayments of borrowings from the Federal Reserve Bank of Atlanta   (33,000)
Repurchase of common stock (1,779) (4,341)
Net cash provided by financing activities 3,919 7,473
NET CHANGE IN CASH AND CASH EQUIVALENTS (7,024) 26,742
CASH AND CASH EQUIVALENTS, beginning of period 44,295 19,011
CASH AND CASH EQUIVALENTS, end of period 37,271 45,753
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING ACTIVITIES    
Acquisition of real estate in settlement of loans 17 284
SUPPLEMENTAL SCHEDULE OF INTEREST AND TAXES PAID    
Cash paid for interest 2,950 2,547
Cash paid for income taxes $ 66 $ 200