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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net earnings $ 3,667 $ 3,303
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation, amortization and accretion 942 1,230
Provision for loan losses 178 31
Deferred income taxes (2) (3)
Gain on sale of investment securities (231) 0
Gain on sale of other real estate 0 (6)
Loss on sale of premises and equipment 0 2
Restricted stock expense 110 57
Proceeds from sales of mortgage loans held for sale 6,098 8,530
Origination of mortgage loans held for sale (5,779) (8,176)
Change in:    
Cash surrender value of life insurance (95) (95)
Other assets 2,746 (742)
Other liabilities (3,203) (319)
Net cash provided by operating activities 4,431 3,812
Cash flows from investing activities:    
Purchases of investment securities available for sale (7,395) 0
Proceeds from sales, calls and maturities of investment securities available for sale 15,403 7,630
Proceeds from paydowns of investment securities available for sale 2,871 5,159
Proceeds from paydowns on other investments 33 0
Purchases of FHLB stock (1) (4)
Net change in loans (19,596) (6,146)
Purchases of premises and equipment (342) (434)
Proceeds from sale of other real estate and repossessions 0 124
Net cash provided (used) by investing activities (9,027) 6,329
Cash flows from financing activities:    
Net change in deposits 30,901 672
Net change in securities sold under agreement to repurchase (16,864) 500
Proceeds from FHLB borrowings 82,300 0
Repayments of FHLB borrowings (82,300) 0
Proceeds from Fed Funds Purchased 25,065 850
Repayments of Fed Funds Purchased (25,065) (850)
Common stock repurchased (152) 0
Cash dividends paid on common stock (1,445) (783)
Net cash provided by financing activities 12,440 389
Net change in cash and cash equivalents 7,844 10,530
Cash and cash equivalents at beginning of period 43,370 57,304
Cash and cash equivalents at end of period 51,214 67,834
Cash paid during the period for:    
Interest 737 460
Income taxes 0 0
Noncash investing and financing activities:    
Change in unrealized gain on investment securities available for sale, net 690 (2,013)
Issuance of accrued restricted stock units 207 0
Transfers of loans to other real estate and repossessions 0 62
Initial recognition of lease right-of-use asset and lease liability $ 4,193 $ 0