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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 9,355 $ 5,451
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation, amortization, and accretion 1,594 2,019
Provision (credit) for loan losses (51) 303
Deferred income tax provision (benefit) 237 63
Increase in cash surrender value of bank owned life insurance (365) (368)
Realized gain from equity securities (147) (11)
Realized loss from sales of debt securities, available-for-sale 17 1
Realized loss from sales of premises and equipment 2 42
Impairment charge recognized on premises and equipment 0 645
Realized loss from sales and impairment of other real estate owned and repossessed assets 47 0
Origination of mortgage loans for sale (4,475) (3,554)
Realized gains from sales of loans (93) (119)
Proceeds from sales of mortgage loans 4,527 3,628
Compensation expense related to restricted stock 91 71
Changes in:    
Accrued income receivable (331) 97
Other assets (619) (541)
Other liabilities (1,539) (1,374)
TOTAL ADJUSTMENTS (1,105) 902
NET CASH FLOWS PROVIDED BY OPERATING ACTIVITIES 8,250 6,353
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of equity securities 332 65
Proceeds from sales of debt securities, available-for-sale 50,302 3,343
Available-for-sale 7,116 8,876
Held-to-maturity 2,411 3,271
Purchases of equity securities (352) (1,081)
Available-for-sale (12,301) 0
Held-to-maturity (6,033) (2,310)
Proceeds from maturities of interest-bearing time deposits 498 498
Proceeds from redemption of Federal Reserve Bank stock 1 0
Payments to Acquire Federal Home Loan Bank Stock (358) 0
Net increase in loans (31,126) (25,504)
Purchases of premises and equipment (1,227) (288)
Proceeds from sale of premises and equipment 2 16
Net cash received from acquisition of Columbus First Bancorp, Inc. 0 12,896
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES 9,265 (218)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 57,040 50,027
Net decrease in short-term borrowings (56,230) (57,000)
Proceeds from long-term debt 0 6,000
Principal payments on long-term debt (5,055) (2,138)
Proceeds from issuance of common stock 27 23
Payments for Repurchase of Common Stock (5,841) 0
Proceeds from exercise of stock options 0 33
Cash dividends paid on common stock (4,311) (3,565)
NET CASH FLOWS USED IN FINANCING ACTIVITIES (14,370) (6,620)
NET CHANGE IN CASH AND CASH EQUIVALENTS 3,145 (485)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 20,040 25,386
CASH AND CASH EQUIVALENTS AT END OF PERIOD 23,185 24,901
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 5,161 2,314
Income taxes paid $ 963 $ 500