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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 6,921 $ 5,870 $ 5,384
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 650 1,800 1,200
Stock plan accruals 230 185 157
Depreciation and amortization of bank premises and equipment 640 672 692
Accretion and amortization of securities, net 2,083 2,012 3,298
Net gain on sale/call of available-for-sale securities (29) (48) (4)
Loss on disposal of other equity investments 0 50 0
Net gain on sale of loans held-for-sale (785) (589) (1,213)
Net gain on sale of other real estate owned (216) 0 (1)
Impairment on other real estate owned 0 48 10
Net loss (gain) on sale of bank premises and equipment 63 (48) 0
Provision for deferred income taxes 688 975 1,665
Valuation adjustment on mortgage servicing rights 0 0 (536)
Proceeds from sales of loans held-for-sale 45,644 28,648 66,910
Originations of loans held-for-sale (44,719) (27,453) (62,401)
Increase (decrease) in deferred loan origination fees and costs, net 318 (126) (426)
Decrease (increase) in interest receivable and other assets 195 (1,023) 482
Net increase (decrease) in interest payable and other liabilities 1,868 (531) 1,003
Net cash provided by operating activities 13,551 10,442 16,220
Cash flows from investing activities:      
Proceeds from maturities of available-for-sale securities 4,575 21,580 15,060
Proceeds from sales of available-for-sale securities 17,798 12,136 0
Principal repayments on available-for-sale securities 25,934 21,570 33,578
Purchase of available-for-sale securities (83,408) (32,972) (44,831)
Net increase in Certificates of Deposit (3,789) (1,053) (71)
Net increase in stock in Federal Home Loan Bank and other equity securities, at cost 0 (267) (110)
Net increase in loans (69,249) (33,835) (66,635)
Purchases of bank premises and equipment, net (436) (532) (271)
Proceeds from the sale of bank premises and equipment 0 48 0
Proceeds from sales of other real estate owned 1,359 414 513
Net cash used in investing activities (107,216) (12,911) (62,767)
Cash flows from financing activities:      
Net increase in deposits 91,062 53,265 72,976
Redemption of preferred stock (12,847) 0 (10,000)
Dividends on preferred stock (105) (129) (677)
Cash dividends paid in lieu of fractional shares (6) (6) (4)
Common stock issued 82 84 76
Stock options exercised 84 0 0
Net cash provided by financing activities 78,270 53,214 62,371
Net (decrease) increase in cash and cash equivalents (15,395) 50,745 15,824
Cash and cash equivalents at beginning of year 216,192 165,447 149,623
Cash and cash equivalents at end of year $ 200,797 $ 216,192 $ 165,447