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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Cash flows from operating activities      
Net earnings $ 4,359 $ 3,516  
Adjustments to reconcile net earnings to net cash provided from operating activities:      
Depreciation 780 801  
Amortization 257 264  
Deferred taxes 0 2,402  
Premium amortization, net of discount accretion 1,065 1,113  
Gain on sale of loans (556) (429)  
Provision for loan losses 600 650 $ 2,850
Origination of loans held for sale (16,412) (13,232)  
Proceeds from loans held for sale 17,387 14,778  
Net (gain) loss on sale of premises, equipment, other real estate owned and other assets (7) 27  
Stock based compensation 117 60  
Net change in accrued interest receivable and other assets 685 2,265  
Net change in accrued interest payable and other liabilities 593 21  
Net cash provided by operating activities 8,868 12,236  
Securities available for sale:      
Purchases (13,156) (61,965)  
Proceeds from maturities and principal repayments 6,098 5,203  
Securities held to maturity:      
Proceeds from maturities and principal repayments 3,721 2,892  
Net purchases of premises and equipment (2,059) (814)  
Net proceeds from sale of premises, equipment, other real estate owned and other assets 407 191  
Net increase in loans (41,922) (8,375)  
Net cash used in investing activities (46,911) (62,868)  
Cash flows from financing activities      
Net change in deposits 15,262 94,380  
Net change in securities sold under agreements to repurchase (484) 1,804  
Proceeds from FHLB advances 20,000 0  
Repayment of FHLB advances (4) (30,005)  
Proceeds from other debt 0 1,000  
Repayment of other debt 0 (357)  
Exercise of stock options 0 24  
Cash dividends (1,548) 0  
Net cash provided by financing activities 33,226 66,846  
Net change in cash and cash equivalents (4,817) 16,214  
Cash and cash equivalents at beginning of period 91,428 127,543 127,543
Cash and cash equivalents at end of period 86,611 143,757 $ 91,428
Supplemental disclosures of cash flow information      
Interest paid 3,539 2,774  
Supplemental schedule of noncash investing and financing activities      
Cash dividends accrued 1,548 0  
Transfer loans to other real estate owned and repossessed assets 188 161  
Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income 486 0  
Net change in fair value of KSOP shares $ 0 $ 2,639