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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES      
Net income $ 2,310 $ 5,997 $ 3,023
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 3,950 1,250 375
Depreciation and amortization expense 1,803 1,790 1,836
Net amortization of investment securities 488 342 385
Net realized gains on investment securities - available for sale (177) (71) (177)
Net gains on loans held for sale (884) (767) (748)
Amortization of deferred loan fees (231) (249) (262)
Origination of mortgage loans held for sale (59,252) (51,759) (51,481)
Sales of mortgage loans held for sale 60,045 54,574 50,580
Decrease (increase) in accrued interest receivable (59) 70 (219)
Decrease in accrued interest payable (11) (55) (78)
Earnings on bank-owned life insurance (675) (690) (748)
Deferred income taxes 414 888 562
Stock compensation expense 94 186 66
Goodwill impairment charge 0 0 669
Amortization of long term debt issuance costs 39 0 0
Other, net (1,186) (1,674) 1,179
Net cash provided by operating activities 6,668 9,832 4,962
INVESTING ACTIVITIES      
Purchase of investment securities - available for sale (42,844) (22,241) (12,218)
Purchase of investment securities - held to maturity (12,038) (6,237) (3,093)
Proceeds from maturities of investment securities - available for sale 24,574 24,532 22,900
Proceeds from maturities of investment securities - held to maturity 2,693 4,601 1,390
Proceeds from sales of investment securities - available for sale 8,966 3,570 5,242
Purchase of regulatory stock (10,911) (19,320) (9,817)
Proceeds from redemption of regulatory stock 12,180 18,740 10,446
Long-term loans originated (196,998) (246,304) (177,351)
Principal collected on long-term loans 189,505 183,380 130,476
Participations purchased (17,192) (15,019) (5,347)
Participations sold 18,900 23,774 10,810
Net increase in other short-term loans (875) (627) (3,558)
Purchases of premises and equipment (1,380) (881) (1,720)
Proceeds from sale of other real estate owned 235 579 946
Proceeds from life insurance policies 0 1,598 0
Net cash used in investing activities (25,185) (49,855) (30,894)
FINANCING ACTIVITIES      
Net increase in deposit balances 64,492 33,339 15,375
Net increase (decrease) in other short-term borrowings (35,994) 9,868 (2,675)
Principal borrowings on advances from Federal Home Loan Bank 9,542 10,000 17,000
Principal repayments on advances from Federal Home Loan Bank (12,000) (4,000) 0
Subordinated debt issuance, net 0 7,418 0
Preferred stock redemption (21,000) 0 0
Preferred stock dividend paid (15) (210) (210)
Common stock dividend paid (945) (754) (752)
Net cash provided by financing activities 4,080 55,661 28,738
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (14,437) 15,638 2,806
CASH AND CASH EQUIVALENTS AT JANUARY 1 48,510 32,872 30,066
CASH AND CASH EQUIVALENTS AT DECEMBER 31 $ 34,073 $ 48,510 $ 32,872