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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES    
Net income (loss) $ 1,348 $ (1,267)
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Provision for loan losses 225 3,100
Depreciation expense 428 445
Net amortization of investment securities 126 87
Net realized gains on investment securities available for sale (27) (57)
Net gains on loans held for sale (114) (107)
Amortization of deferred loan fees (51) (74)
Origination of mortgage loans held for sale (7,583) (7,226)
Sales of mortgage loans held for sale 8,178 7,898
Increase in accrued interest income receivable (84) (238)
Decrease in accrued interest payable (139) (167)
Earnings on bank owned life insurance (141) (167)
Deferred income taxes 623 (976)
Amortization of deferred issuance costs 10 10
Stock based compensation expense 42 55
Other, net (233) (912)
Net cash provided by operating activities 2,608 404
INVESTING ACTIVITIES    
Purchases of investment securities - available for sale (14,195) (6,128)
Purchases of investment securities - held to maturity (6,476) (2,107)
Proceeds from sales of investment securities - available for sale 5,653 4,248
Proceeds from maturities of investment securities - available for sale 6,570 6,649
Proceeds from maturities of investment securities - held to maturity 375 253
Purchase of regulatory stock (4,531) (4,929)
Proceeds from redemption of regulatory stock 3,606 4,910
Long-term loans originated (50,495) (52,432)
Principal collected on long-term loans 37,520 48,974
Loans purchased or participated (150) (3,995)
Loans sold or participated 0 5,000
Proceeds from sale of other real estate owned 23 13
Purchases of premises and equipment (702) (227)
Net cash (used in) provided by investing activities (22,802) 229
FINANCING ACTIVITIES    
Net (decrease) increase in deposit balances (3,010) 3,479
Net increase (decrease) in other short-term borrowings 20,922 (8,796)
Principal borrowings on advances from Federal Home Loan Bank 3,500 2,000
Principal repayments on advances from Federal Home Loan Bank (3,000) (1,000)
Preferred stock redemption 0 (21,000)
Purchase of treasury stock (992) 0
Common stock dividends (283) (188)
Preferred stock dividends 0 (15)
Net cash provided by (used in) financing activities 17,137 (25,520)
NET DECREASE IN CASH AND CASH EQUIVALENTS (3,057) (24,887)
CASH AND CASH EQUIVALENTS AT JANUARY 1 34,073 48,510
CASH AND CASH EQUIVALENTS AT MARCH 31 $ 31,016 $ 23,623