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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows From Operating Activities    
Net income $ 2,513 $ 1,731
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 152 145
Accretion and amortization of investment securities premiums and discounts, net 918 601
Valuation adjustment on mortgage servicing rights (21) 0
Increase (decrease) in deferred loan origination fees and costs, net 77 (25)
Provision for loan losses 600 450
Stock-based compensation 77 63
Loss (gain) on calls of available-for-sale securities 16 (14)
Gain on sale-leaseback of real estate (1,187) 0
Gain on sales of other real estate owned 0 (4)
Gain on sales of loans held-for-sale (147) (110)
Proceeds from sales of loans held-for-sale 10,045 4,985
Originations of loans held-for-sale (7,815) (7,235)
Changes in assets and liabilities:    
(Increase) decrease in interest receivable and other assets (122) 326
Net increase (decrease) in interest payable and other liabilities 281 (1,821)
Net cash provided by (used in) operating activities 5,387 (908)
Cash Flows From Investing Activities    
Proceeds from calls or maturities of available-for-sale securities 2,275 3,978
Proceeds from sales of available-for-sale securities 462 0
Principal repayments on available-for-sale securities 11,153 6,781
Purchase of available-for-sale securities (31,156) (52,620)
Net decrease in certificates of deposit 496 0
Net decrease (increase) in loans 15,640 (12,323)
Proceeds from sale of other real estate owned 0 221
Sales (purchases) of premises and equipment, net 2,319 (466)
Net cash provided by (used in) investing activities 1,189 (54,429)
Cash Flows From Financing Activities    
Net (decrease) increase in deposits (2,962) 10,822
Cash dividends paid in lieu of fractional shares (10) (5)
Net cash (used in) provided by financing activities (2,972) 10,817
Net increase (decrease) in Cash and Cash Equivalents 3,604 (44,520)
Cash and Cash Equivalents, beginning of period 159,643 200,797
Cash and Cash Equivalents, end of period 163,247 156,277
Cash paid during the period for:    
Interest 263 273
Income taxes 0 200
Supplemental disclosures of non-cash investing and financing activities:    
Stock dividend distributed 5,295 3,351
Transfer of loans held-for-investment to other real estate owned 0 217
Decrease in directors' & officer's retirement plan equity adjustment, net of tax (46) 0
Unrealized holding gains on available for sale securities, net of taxes $ 20 $ 652