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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Dec. 31, 2013
Net income $ 2,701 $ 2,822 $ 5,607 $ 5,087
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:        
Amortization of premiums and accretion of discounts on securities, net 349 347 699 903
Depreciation and amortization expense 349 348 698 707
Deferred income taxes 263 (65) 285 200
Stock compensation expense 38 0    
Increase in cash value of life insurance (67) (77) (150) (160)
Gain on life insurance (110) 0 (129) 0
Gain on sale of securities 0 (54) (54) (29)
Provision for loan losses 50 115 190 725
Proceeds from sales of loans 16,586 12,656 29,814 39,572
Loans originated for sale (16,165) (14,550) (29,098) (36,732)
Gain on sale of loans (486) (319) (713) (842)
Decrease in accrued interest receivable 42 165 136 41
Decrease in accrued interest payable (33) (37) (65) (98)
Net change in other assets/liabilities (735) (592) (272) 449
Net Cash Provided By Operating Activities 2,782 759 6,948 9,823
CASH FLOWS FROM INVESTING ACTIVITIES        
Investment in interest-bearing time deposits (1,490) (1,475) (4,820) (3,025)
Proceeds from maturities and sales of interest-bearing time deposits 245 0 975 0
Purchase of securities available for sale (15,366) (15,469) (27,644) (25,884)
Proceeds from maturities of securities available for sale 10,264 10,923 21,442 22,190
Proceeds from sales of securities available for sale 0 2,612 5,669 517
Principal collected on mortgage-backed obligations 6,016 4,892 10,824 12,691
Net (increase) decrease in loans receivable 1,125 (9,564) (12,402) (9,346)
Proceeds from redemption of Federal Home Loan Bank stock 691 0 579 0
Proceeds from sale of foreclosed real estate 74 375 503 351
Purchase of premises and equipment (379) (473) (559) (297)
Net Cash Provided By Investing Activities 1,180 (8,179) (5,604) (3,343)
CASH FLOWS FROM FINANCING ACTIVITIES        
Net increase in deposits 3,611 12,923 38,806 (10,513)
Net decrease in advances from Federal Home Loan Bank 0 (500) (15,500) (5,100)
Net increase in retail repurchase agreements 0 1,307 (9,310) (4,782)
Purchase of treasury stock 0 (844) (908) (19)
Dividends paid (1,169) (1,174) (2,325) (2,241)
Net Cash Provided By (Used In) Financing Activities 2,442 11,712 20,763 (17,155)
Net Increase in Cash and Cash Equivalents 6,404 4,292 22,107 (10,675)
Cash and cash equivalents at beginning of period 33,243 11,136 11,136 21,811
Cash and Cash Equivalents at End of Period $ 39,647 $ 15,428 $ 33,243 $ 11,136