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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 5,282 $ 4,714
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion 2,652 2,321
Provision for loan losses 500 810
Deferred income tax expense (benefit) 816 (111)
Stock-based compensation expense 177 162
Proceeds from sale of loans held-for-sale 37,663 25,125
Originations of loans held-for-sale (34,350) (25,222)
Earnings on bank-owned life insurance (255) (252)
Net gain from sales of loans (871) (462)
Net gain from sales of investment securities (26) (301)
Net loss on sale and write-down of foreclosed assets held-for-sale 42 70
Net loss on disposal of equipment 34 64
Change in:    
Accrued interest receivable (68) 13
Other assets 1,532 (1,396)
Accrued interest payable and other liabilities 476 310
Net cash provided by operating activities 13,604 5,845
Held-to-maturity securities:    
Proceeds from sales   187
Proceeds from maturities, calls, and principal pay-downs   3
Available-for-sale securities:    
Proceeds from sales 12,614 4,877
Proceeds from maturities, calls and principal pay-downs 14,435 10,350
Purchases (57,456) (30,929)
Decrease in FHLB stock 221 358
Net increase in loans and leases (30,765) (26,671)
Acquisition of bank premises and equipment (1,214) (2,159)
Proceeds from sale of bank premises and equipment 38  
Proceeds from sale of foreclosed assets held-for-sale 1,364 1,142
Net cash used in investing activities (60,763) (42,842)
Cash flows from financing activities:    
Net increase in deposits 56,060 42,170
Net increase in short-term borrowings 2,773 2,583
Repayments of long-term debt (10,000)  
Proceeds from employee stock purchase plan participants 102 80
Dividends paid, net of dividends reinvested (1,937) (1,473)
Proceeds from dividend reinvestment plan participants   104
Net cash provided by financing activities 46,998 43,464
Net (decrease) increase in cash and cash equivalents (161) 6,467
Cash and cash equivalents, beginning 25,851 13,218
Cash and cash equivalents, ending $ 25,690 $ 19,685