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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities    
Net income $ 1,931 $ 1,055
Items not requiring (providing) cash    
Depreciation and amortization 496 437
Provision for loan losses 152 1,071
Amortization of premiums and discounts on securities 909 1,037
Amortization of mortgage servicing rights 31 41
Amortization of deferred loan origination fees (85) (59)
Increase in value of bank-owned life insurance (204) (203)
Amortization expense of stock benefit plan 68 72
Provision for impairment on foreclosed assets held for sale 24 31
Loss on sale of foreclosed assets held for sale 6 84
Loss on sale of premises and equipment 2
Net gain on sale of loans (203) (142)
Proceeds from sale of loans in the secondary market 5,322 4,407
Origination of loans for sale in the secondary market (5,119) (4,265)
Deferred income taxes (196) (79)
Changes in    
Accrued interest receivable (202) (185)
Other assets (23) (450)
Interest payable and other liabilities (312) (50)
Net cash provided by operating activities 2,595 2,804
Investing Activities    
Purchase of available-for-sale securities (3,475) (12,971)
Purchase of held-to-maturity securities (895) (1,637)
Proceeds from maturities and paydowns of available-for-sale securities 17,551 19,107
Proceeds from maturities and paydowns of held-to-maturity securities 381 191
Net change in loans (28,442) (18,068)
Purchase of premises and equipment (401) (357)
Proceeds from the sale of foreclosed assets 87 256
Net cash used in investing activities (15,194) (13,479)
Financing Activities    
Net change in deposits 14,106 4,322
Net change in other short-term borrowings 417 (1,634)
Proceeds from Federal Home Loan Bank advances 14,875 23,052
Repayments of Federal Home Loan Bank advances (17,875) (18,500)
Advances by borrowers for taxes and insurance (474) (407)
Dividends on common stock (742) (744)
Treasury stock purchases (338)
Net cash provided by financing activities 10,307 5,751
Change in Cash and Cash Equivalents (2,292) (4,924)
Cash and Cash Equivalents, Beginning of period 11,156 10,783
Cash and Cash Equivalents, End of period 8,864 5,859
Supplemental Cash Flows Information    
Interest paid on deposits and borrowings 1,552 1,465
Federal income taxes paid 400 100
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Transfers from loans to foreclosed assets held for sale 106 308
Recognition of mortgage servicing rights 77 64
Dividends payable $ 250 $ 250