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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Cash Flows from Operating Activities      
Net income $ 1,396 $ 1,632  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 266 324  
Provision for loan losses 350 50 $ 346
Loss on interest rate swaps 9    
Gain on sales of securities available for sale   (79)  
Amortization of security premiums, net 126 88  
Amortization of unearned compensation, net of forfeiture (77) 59  
Issuance of vested restricted stock 108 95  
Bank-owned life insurance income (90) (93)  
Originations of mortgage loans held for sale (1,836) (260)  
Proceeds from mortgage loans held for sale 1,159    
Gain on mortgage loans held for sale (12)    
Changes in assets and liabilities:      
(Increase) decrease in other assets 91 (5,346)  
Increase (decrease) in other liabilities (722) 4,839  
Net cash provided by operating activities 768 1,309  
Cash Flows from Investing Activities      
Proceeds from sales, maturities, calls and principal payments of securities available for sale 2,141 16,344  
Purchase of securities available for sale (2,270) (13,075)  
(Purchase) disposal of premises and equipment 29 (102)  
(Purchase) redemption of restricted investments, net 178 (331)  
Loan originations, net (17,305) 4,519  
Net cash provided by (used in) investing activities (17,227) 7,355  
Cash Flows from Financing Activities      
Increase (decrease) in noninterest-bearing checking, interest-bearing checking, savings and money market accounts 10,485 (48,046)  
Increase (decrease) in time deposits (3,080) 4,766  
Increase (decrease) in Federal Home Loan Bank advances (4,022) 5,979  
Cash dividends paid on common stock (474) (455)  
Repurchase of common stock (24) (10)  
Net cash provided by (used in) financing activities 2,885 (37,766)  
Decrease in cash and cash equivalents (13,574) (29,102)  
Cash and Cash Equivalents      
Beginning 46,341 67,110 67,110
Ending 32,767 38,008 $ 46,341
Cash payments for:      
Interest 916 947  
Supplemental Disclosures of Noncash Investing Activities      
Unrealized gain on securities available for sale, net of tax 1,473 922  
Unrealized loss on interest rate swap, net of tax $ (399) $ (92)