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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 14,082 $ 9,652
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation, amortization, and accretion 2,438 3,226
Provision for loan losses 213 962
Deferred income tax provision (benefit) 225 (111)
Increase in cash surrender value of bank owned life insurance (654) (553)
Realized gain from equity securities (207) (12)
Realized loss from sales of debt securities, available-for-sale 37 8
Realized (gain) loss from sales of premises and equipment (1) 41
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 (10,449) (6,478)
Realized gains from sales of loans (207) (182)
Proceeds from sales of mortgage loans 10,561 6,576
Compensation expense related to restricted stock 112 89
Changes in:    
Accrued income receivable (752) (1,231)
Other assets (1,839) (1,436)
Other liabilities 1,243 186
TOTAL ADJUSTMENTS 767 1,730
NET CASH FLOWS PROVIDED BY OPERATING ACTIVITIES 14,849 11,382
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of equity securities 380 73
Proceeds from sales of debt securities, available-for-sale 75,407 8,545
Available-for-sale 16,012 12,237
Held-to-maturity 2,542 3,377
Purchases of equity securities (360) (1,100)
Available-for-sale (38,114) 0
Held-to-maturity (6,852) (2,485)
Proceeds from maturities of interest-bearing time deposits 747 3,477
Payments to Acquire Federal Reserve Bank Stock 0 1,921
Proceeds from redemption of Federal Reserve Bank stock 1 0
Payments to Acquire Federal Home Loan Bank Stock (358) 0
Net increase in loans (26,753) (29,653)
Payment to Acquire Life Insurance Policy, Investing Activities 12,000 0
Purchases of premises and equipment (2,701) (497)
Proceeds from sale of premises and equipment 5 19
Net cash received from acquisition of Columbus First Bancorp, Inc. 0 12,896
NET CASH FLOWS PROVIDED BY INVESTING ACTIVITIES 7,956 4,968
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 54,464 40,772
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) (6,167)
Proceeds from issuance of common stock 58 43
Payments for Repurchase of Common Stock (6,834) 0
Proceeds from exercise of stock options 0 33
Cash dividends paid on common stock (6,422) (5,605)
NET CASH FLOWS USED IN FINANCING ACTIVITIES (20,019) (21,924)
NET CHANGE IN CASH AND CASH EQUIVALENTS 2,786 (5,574)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 20,040 25,386
CASH AND CASH EQUIVALENTS AT END OF PERIOD 22,826 19,812
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest Paid, Excluding Capitalized Interest, Operating Activities 7,896 4,043
Income Taxes Paid 1,901 700
Real Estate Owned, Transfer to Real Estate Owned $ 17 $ 0