XML 18 R6.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 283 $ 380
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion 270 223
Provision for credit losses 117 150
Gains on disposals of assets, net (1) (199)
Income on investment in life insurance (53) (55)
Changes in assets and liabilities:    
Decrease in other assets 25 116
Decrease in other liabilities (469) (556)
Net cash provided by operating activities 172 59
Cash flows from investing activities:    
Maturities and proceeds of available for sale mortgage-backed securities 3,513 2,879
Proceeds from maturities and sales of other investment securities 3,767 6,368
Purchases of investment securities (7,422) (18,211)
Sale of Federal Home Loan Bank stock 3 125
Decrease in loans, net 4,603 5,603
Purchases of premises and equipment (29) (120)
Net cash provided (used) by investing activities 4,435 (3,356)
Cash flows from financing activities:    
Increase in deposits, net 3,863 7,694
Dividends paid (277) (275)
Common stock dividends reinvested 53 39
Net cash provided by financing activities 3,639 7,458
Increase in cash and cash equivalents 8,247 4,161
Cash and cash equivalents, beginning of year 12,371 13,280
Cash and cash equivalents, end of period $ 20,618 $ 17,441