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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating Activities    
Net income $ 2,015 $ 1,979
Items not requiring (providing) cash:    
Depreciation 234 274
Provision (credit) for loan losses 30 (85)
Amortization of premiums and discounts on securities 108 158
Amortization of core deposit intangible 35 35
Stock based compensation 61 42
BOLI Income (88) (88)
Proceeds from sale of mortgage loans held for sale 8,093 7,408
Origination of mortgage loans held for sale (7,673) (7,359)
Gains on sales of available-for-sale securities (23) (106)
Gains on sales of mortgage loans held for sale (156) (168)
Loss (gain) on sale premises and equipment (6) 4
Loss on branch disposal   27
Changes in:    
Accrued interest receivable 187 144
Other assets (128) (48)
Accrued interest payable and other liabilities (467) 106
Net cash provided by operating activities 2,222 2,323
Investing Activities    
Loan originations and payments, net (1,065) (16,179)
Increase in interest-bearing deposits in other financial institutions (13,333)  
Purchase of premises and equipment (57) (48)
Proceeds from maturities of available-for-sale securities 3,836 5,373
Purchase of available-for-sale securities (3,059) (7,160)
Proceeds from sales of available-for-sale securities 4,870 3,839
Proceeds from sales of other real owned   100
Proceeds from sales of premises and equipment 7  
Purchase of FHLB stock (28)  
Proceeds from branch disposal   197
Net cash used in investing activities (8,829) (13,878)
Financing Activities    
Net change in demand deposits, money market, NOW and savings accounts (138) (3,283)
Net change in time deposits 564 (13,672)
Proceeds from FHLB advances 22,000 27,000
Repayment of FHLB advances (17,000) (5,000)
Repayment of other borrowings   (1,000)
Redemption of preferred stock (192)  
Exercise of stock options   16
Dividends paid on common stock (162) (160)
Dividends paid on preferred stock (238) (247)
Net cash provided by financing activities 4,834 3,654
Decrease in Cash and Cash Equivalents (1,773) (7,901)
Cash and Cash Equivalents, Beginning of Year 8,542 15,255
Cash and Cash Equivalents, End of Year 6,769 7,354
Supplemental Cash Flows Information    
Interest paid 1,394 1,227
Income taxes paid 815 650
Conversion of cumulative preferred stock $ 7,069 398
Loans transferred to other real estate owned   $ 66