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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities    
Net income $ 2,187 $ 1,931
Items not requiring (providing) cash    
Depreciation and amortization 514 496
Provision for loan losses 209 152
Amortization of premiums and discounts on securities 639 909
Amortization of mortgage servicing rights 29 31
Amortization of deferred loan origination fees (50) (85)
Increase in value of bank-owned life insurance (202) (204)
Amortization expense of stock benefit plan 89 68
Provision for impairment on foreclosed assets held for sale 12 24
(Gain) loss on sale of foreclosed assets held for sale (5) 6
Net gain on sale of loans (241) (203)
Proceeds from sale of loans in the secondary market 8,498 5,322
Origination of loans for sale in the secondary market (8,257) (5,119)
Deferred income taxes (180) (196)
Changes in    
Accrued interest receivable (215) (202)
Other assets 570 (23)
Interest payable and other liabilities (299) (312)
Net cash provided by operating activities 3,298 2,595
Investing Activities    
Purchase of available-for-sale securities (3,475)
Purchase of held-to-maturity securities (2,273) (895)
Proceeds from maturities and paydowns of available-for-sale securities 11,662 17,551
Proceeds from maturities and paydowns of held-to-maturity securities 38 381
Net change in loans (12,035) (28,442)
Purchase of premises and equipment (258) (401)
Proceeds from the sale of premises and equipment 1
Proceeds from the sale of foreclosed assets 206 87
Net cash used in investing activities (2,659) (15,194)
Financing Activities    
Net change in deposits (13,338) 14,106
Net change in other short-term borrowings (98) 417
Proceeds from Federal Home Loan Bank advances 41,450 14,875
Repayments of Federal Home Loan Bank advances (37,150) (17,875)
Advances by borrowers for taxes and insurance (553) (474)
Dividends on common stock (744) (742)
Net cash provided by (used in) financing activities (10,433) 10,307
Change in Cash and Cash Equivalents (9,794) (2,292)
Cash and Cash Equivalents, Beginning of period 16,756 11,156
Cash and Cash Equivalents, End of period 6,962 8,864
Supplemental Cash Flows Information    
Interest paid on deposits and borrowings 1,494 1,552
Federal income taxes paid 575 400
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Transfers from loans to foreclosed assets held for sale 287 106
Recognition of mortgage servicing rights 124 77
Dividends payable $ 250 $ 250