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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net income $ 1,123 $ 1,060
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion of premises and equipment 212 320
Depreciation, amortization, and accretion of investment securities available for sale (511) 437
(Negative provision) provision for loan losses (262) 65
Increase in cash surrender value of bank owned life insurance (118) (122)
Loss on write-down of MFB stock   1
Decrease in ground rents 3  
(Increase) decrease in accrued interest receivable (407) 223
Net (increase) decrease in other assets (63) 157
Net increase in accrued expenses and other liabilities 892 16
Net cash provided by operating activities 869 2,157
Cash flows from investing activities:    
Redemptions and maturities of investment securities available for sale 17,632 7,322
Proceeds from sales of available for sale debt securities   20,770
Purchases of investment securities available for sale (58,771) (9,641)
Net (purchase) sale of Federal Home Loan Bank stock (187) 1,254
Net decrease in loans 10,516 14,932
Purchases of premises and equipment (410) (249)
Net cash (used in) provided by investing activities (31,220) 34,388
Cash flows from financing activities:    
Net increase (decrease) in deposits 22,500 2,814
Increase (decrease) in short term borrowings 12,367 (35,000)
Increase in long term borrowings 10,000  
Cash dividends paid (850) (846)
Common stock dividends reinvested 97 104
Net cash provided by (used in) financing activities 44,114 (32,928)
Net increase in cash and cash equivalents 13,763 3,617
Cash and cash equivalents at beginning of year 13,290 15,954
Cash and cash equivalents at end of year 27,053 19,571
Supplemental Disclosures of Cash Flow Information:    
Interest paid on deposits and borrowings 1,263 1,498
Income taxes refunded (1,176)  
Income taxes paid   120
Net decrease in unrealized depreciation on available for sale securities 1,325 2,132
Net increase in unrealized appreciation on swaps $ (697) $ (754)