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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 135 $ 255
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion of premises and equipment 318 319
Provision for loan losses 173 360
Gain on life insurance   (207)
Increase in cash surrender value of bank owned life insurance (40) (42)
Increase in ground rents   3
Decrease in ground rents (3)  
Decrease (increase) in accrued interest receivable 89 (49)
Net (increase) decrease in other assets (61) 700
Net decrease in accrued expenses and other liabilities (416) (175)
Net cash provided by operating activities 195 1,164
Cash flows from investing activities:    
Redemptions and maturities of investment securities available for sale 22,815 2,663
Purchases of investment securities available for sale (1,932) (5,440)
Net sales of Federal Home Loan Bank stock 1,041 2
Net increase in loans (408) (4,138)
Purchases of premises and equipment (47) (19)
Net cash provided by (used in) investing activities 21,469 (6,932)
Cash flows from financing activities:    
Net increase in deposits 9,163 1,932
Decrease in short term borrowings (30,000)  
Cash dividends paid (282) (279)
Common stock dividends reinvested 36 38
Net cash (used in) provided by financing activities (21,083) 1,691
Net increase (decrease) in cash and cash equivalents 581 (4,077)
Cash and cash equivalents at beginning of year 15,954 12,605
Cash and cash equivalents at end of year 16,535 8,528
Supplemental Disclosures of Cash Flow Information:    
Interest paid on deposits and borrowings 551 441
Income taxes paid   (583)
Income taxes refunded 36  
Net decrease (increase) in unrealized depreciation on available for sale securities 932 (1,596)
Net (increase) decrease in unrealized appreciation on swaps $ (221) $ 398