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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 income $ 1,586 $ 768  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 313 356  
Provision for loan losses 300 50 $ 520
(Gain) loss on interest rate swaps 2 (6)  
Gain on securities available for sale (535)    
Amortization of security premiums, net 94 16  
Amortization of unearned compensation, net of forfeiture 50 45  
Issuance of vested restricted stock 85 90  
Bank-owned life insurance income (89) (89)  
Origination of mortgage loans held for sale (628)    
Proceeds from mortgage loans held for sale 234    
Gain on mortgage loans held for sale (6)    
Changes in assets and liabilities:      
Increase in other assets (76) (37)  
Decrease in other liabilities (178) (142)  
Net cash provided by operating activities 1,152 1,051  
Cash Flows from Investing Activities      
Proceeds from maturities, calls and principal payments of securities available for sale 3,766 4,077  
Purchase of securities available for sale (1,962) (9,964)  
Purchase of premises and equipment (93) (141)  
Purchase of restricted investments, net (1,291) (21)  
Loan originations, net (374) 7,376  
Net cash provided by investing activities 46 1,327  
Cash Flows from Financing Activities      
Increase in demand deposits, NOW accounts and savings accounts 7,907 7,552  
Decrease in time deposits (688) (2,606)  
Increase (decrease) in FHLB advances 29,980 (19)  
Cash dividends paid on common stock (453) (452)  
Repurchase of common stock (8) (7)  
Net cash provided by financing activities 36,738 4,468  
Increase in cash and cash equivalents 37,936 6,846  
Cash and Cash Equivalents      
Beginning 29,300 67,846 67,846
Ending 67,236 74,692 $ 29,300
Cash payments for:      
Interest 628 475  
Supplemental Disclosures of Noncash Investing Activities      
Unrealized gain (loss) on securities available for sale, net of tax effect (437) 373  
Unrealized gain on interest rate swap, net of taxes $ 143 $ 14