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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating Activities    
Net income $ 2,246 $ 1,647
Items not requiring (providing) cash    
Depreciation and amortization 671 591
Provision for loan losses 365 1,175
Amortization of premiums and discounts on securities 1,186 1,336
Amortization of mortgage servicing rights 44 51
Amortization of deferred loan origination fees (118) (81)
Deferred income taxes (43) 143
Net gains on sale of loans (218) (193)
Proceeds from sale of loans in the secondary market 5,707 6,070
Origination of loans for sale in the secondary market (5,489) (5,877)
Amortization expense of stock benefit plan 94 95
Provision for impairment on foreclosed assets held for sale 34 37
Loss on sale of foreclosed assets held for sale 6 106
Loss on sale of premises and equipment 2
Increase in value of bank-owned life insurance (273) (272)
Changes in    
Accrued interest receivable 3 5
Other assets 188 (454)
Interest payable and other liabilities 453 (298)
Net cash provided by operating activities 4,856 4,083
Investing Activities    
Purchases of available-for-sale securities (3,475) (12,971)
Purchase of held-to-maturity securities (1,698) (1,637)
Proceeds from maturities, calls and paydowns of available-for-sale securities 26,365 24,177
Proceeds from maturities and paydowns of held-to-maturity securities 393 282
Net change in loans (39,526) (28,914)
Purchase of premises and equipment (428) (427)
Proceeds from the sale of foreclosed assets 90 330
Net cash used in investing activities (18,279) (19,160)
Financing Activities    
Net change in deposits 21,306 13,505
Net change in other short-term borrowings 1,640 (1,394)
Proceeds from Federal Home Loan Bank advances 18,675 30,562
Repayments of Federal Home Loan Bank advances (21,675) (26,000)
Advances by borrowers for taxes and insurance 66 105
Dividends on common stock (989) (990)
Treasury stock purchases (338)
Net cash provided in financing activities 19,023 15,450
Increase in Cash and Cash Equivalents 5,600 373
Cash and Cash equivalents, Beginning of period 11,156 10,783
Cash and Cash equivalents, End of period 16,756 11,156
Supplemental Cash Flows Information    
Interest paid on deposits and borrowings 2,081 1,974
Federal income taxes paid 550 350
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Transfers from loans to foreclosed assets held for sale 118 308
Recognition of mortgage servicing rights 82 88
Dividends payable $ 250 $ 250