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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Cash Flows from Operating Activities          
Net income     $ 5,248 $ 4,562  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization     967 943  
Provision for loan losses   $ 195 255 507 $ 507
(Gain) loss on interest rate swaps     8 (3)  
Gain on sales/calls of securities available for sale     (79) (838)  
Amortization of security premiums, net     330 275  
Amortization of unearned compensation, net of forfeiture     190 166  
Issuance of vested restricted stock     95 90  
Bank-owned life insurance income $ (92) (91) (275) (271)  
Originations of mortgage loans held for sale     (2,362) (2,042)  
Proceeds from mortgage loans held for sale     864 2,098  
Gain on mortgage loans held for sale 3 (33) (2) (56)  
Changes in assets and liabilities:          
Increase in other assets     (4,998) (1,121)  
Increase in other liabilities     4,916 111  
Net cash provided by operating activities     5,157 4,421  
Cash Flows from Investing Activities          
Proceeds from sales, maturities, calls and principal payments of securities available for sale     19,934 10,187  
Purchase of securities available for sale     (17,990) (12,371)  
Purchase of premises and equipment     (500) (639)  
Purchase of restricted investments, net     (331) (949)  
Loan originations, net     4,270 (30,742)  
Net cash provided by (used in) investing activities     5,383 (34,514)  
Cash Flows from Financing Activities          
Decrease in noninterest-bearing checking, interest-bearing checking, savings and money market accounts     (29,926) (4,348)  
Increase in time deposits     8,288 557  
Increase in Federal Home Loan Bank advances     5,937 21,940  
Increase in federal funds purchased       5,000  
Cash dividends paid on common stock     (1,364) (1,360)  
Repurchase of common stock     (21) (8)  
Net cash provided by (used in) financing activities     (17,086) 21,781  
Decrease in cash and cash equivalents     (6,546) (8,312)  
Cash and Cash Equivalents          
Beginning     67,110 29,300 29,300
Ending $ 60,564 $ 20,988 60,564 20,988 $ 67,110
Cash payments for:          
Interest     3,159 2,075  
Income taxes     640 868  
Supplemental Disclosures of Noncash Investing Activities          
Unrealized gain (loss) on securities available for sale, net of tax     2,266 (1,488)  
Unrealized gain (loss) on interest rate swap, net of tax     $ (369) $ 250