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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 3,198 $ 6,404 $ 5,268
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan and lease losses 450 (1,344) 0
(Decrease) increase in deferred loan and lease origination fees, net (20) 1 (66)
Depreciation and amortization 333 420 430
Amortization of investment security premiums and discounts, net 3,246 2,940 3,160
Gain on sale and call of investment securities (161) (314) (251)
Increase in cash surrender value of life insurance policies (317) (322) (316)
Deferred income tax expense (benefit) 1,247 (283) 473
Stock-based compensation expense 273 331 271
(Gain) loss on sale or write-down of other real estate owned (8) 118 70
Fair value adjustment to acquired other real estate owned 0 (239) 0
(Increase) decrease in accrued interest receivable and other assets (537) 1,734 (723)
(Decrease) increase in accrued interest payable and other liabilities (173) 419 461
Net cash provided by operating activities 7,531 9,865 8,777
Cash flows from investing activities:      
Proceeds from the sale of available-for-sale investment securities 31,289 12,655 23,764
Proceeds from called available-for-sale investment securities 145 1,550 0
Proceeds from matured available-for-sale investment securities 1,930 1,100 175
Purchases of available-for-sale investment securities (89,273) (47,292) (62,958)
Proceeds from principal repayments for available-for-sale mortgage-backed securities 43,150 46,570 49,242
Proceeds from principal repayments for held-to-maturity mortgage-backed securities 105 140 239
Net (increase) decrease in interest-bearing deposits in banks (747) (249) 250
Net decrease (increase) in loans and leases 14,944 (33,064) (30,979)
Net proceeds from sale of other real estate owned 395 1,747 1,153
Capitalized additions to other real estate 0 0 (127)
Purchases of equipment (129) (375) (319)
Net increase in FHLB stock (153) 0 (93)
Net cash used in investing activities 1,656 (17,218) (19,653)
Cash flows from financing activities:      
Net increase in demand, interest-bearing and savings deposits 14,552 15,728 23,114
Net decrease in time deposits (3,278) (1,612) (3,117)
Cash paid to repurchase common stock (8,641) (7,414) (7,843)
Proceeds from exercised options 351 13 0
Increase in long-term borrowings 0 4,500 0
Cash dividends paid (1,293) 0 0
Net cash provided by financing activities 1,691 11,215 12,154
Increase in cash and cash equivalents 10,878 3,862 1,278
Cash and cash equivalents at beginning of year 27,589 23,727 22,449
Cash and cash equivalents at end of year 38,467 27,589 23,727
Cash paid during the year for:      
Interest expense 1,058 908 961
Income taxes 2,375 2,790 2,495
Non-cash investing activities:      
Real estate acquired through foreclosure or deed in lieu of foreclosure 0 1,109 0
Loans resulting from sale of other real estate owned $ 0 $ 1,686 $ 0