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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net (loss) earnings $ (856) $ 1,417
Adjustments to reconcile net (loss) earnings to net cash (used in) provided by operating activities:    
Depreciation and amortization 132 115
Provision (credit) for loan losses 45 (2,100)
Common stock issued as compensation for services 201
Net amortization of fees, premiums and discounts 153 168
Increase in accrued interest receivable (40) (45)
(Increase) decrease in other assets (614) 61
Decrease in operating lease liabilities (49)
Amortization of right-of-use lease assets 52
(Decrease) increase in official checks and other liabilities (117) 779
Net cash (used in) provided by operating activities (1,093) 395
Cash flows from investing activities:    
Purchase of securities available for sale (4,153)
Principal repayments of securities available for sale 676 666
Principal repayments of securities held-to-maturity 977 559
Net increase in loans (14,990) (6,061)
Purchases of premises and equipment, net (217) (194)
Redemption (purchase) of FHLB stock 490 (236)
Net cash used in investing activities (17,217) (5,266)
Cash flows from financing activities:    
Net increase (decrease) in deposits 30,887 (7,212)
Net decrease in federal funds purchased (560)
Net (decrease) increase in FHLB Advances (11,600) 6,050
Net cash provided by (used in) financing activities 18,727 (747)
Net increase (decrease) in cash and cash equivalents 417 (5,618)
Cash and cash equivalents at beginning of the period 7,983 11,665
Cash and cash equivalents at end of the period $ 8,400 6,047
Supplemental disclosure of cash flow information:    
Cash paid during the period for:  
Interest $ 1,249 628
Income taxes
Noncash transactions -    
Change in accumulated other comprehensive loss, net change in unrealized gain (loss) on securities available for sale, net of income taxes 110 (102)
Transfer of securities from available for sale to held-to-maturity 7,945
Amortization of unrealized loss on securities transferred to held-to-maturity 67 33
Reclassification of stock compensation issued as compensation to directors from other liabilities to common stock 615
Common stock issued and reclassified from other liabilities 31
Issuance of common stock in exchange for Trust Preferred Securities 905
Right-of-use lease assets obtained in exchange for operating lease liabilities $ 1,144