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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows From Operating Activities    
Net income $ 2,733 $ 2,513
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 144 152
Accretion and amortization of investment securities premiums and discounts, net 722 918
Valuation adjustment on mortgage servicing rights 0 (21)
Increase (decrease) in deferred loan origination fees and costs, net 10 77
Provision for loan losses 525 600
Stock-based compensation 108 77
Loss (gain) on calls of available-for-sale securities 0 16
Gain on sale-leaseback of real estate 0 (1,187)
Gain on sales of loans held-for-sale (69) (147)
Proceeds from sales of loans held-for-sale 5,148 10,045
Originations of loans held-for-sale (4,469) (7,815)
Changes in assets and liabilities:    
Decrease (increase) in interest receivable and other assets 830 (122)
Net (decrease) increase in interest payable and other liabilities (2,463) 281
Net cash provided by operating activities 3,219 5,387
Cash Flows From Investing Activities    
Proceeds from calls or maturities of available-for-sale securities 11,115 2,275
Proceeds from sales of available-for-sale securities 0 462
Principal repayments on available-for-sale securities 12,193 11,153
Purchase of available-for-sale securities (36,997) (31,156)
Net decrease in certificates of deposit 0 496
Net decrease in loans 18,018 15,640
Sales/disposals of premises and equipment, net 27 2,319
Net cash used in investing activities 4,356 1,189
Cash Flows From Financing Activities    
Net decrease in deposits (11,946) (2,962)
Cash dividends paid in lieu of fractional shares (10) (10)
Net cash provided by financing activities (11,956) (2,972)
Net (decrease) increase in Cash and Cash Equivalents (4,381) 3,604
Cash and Cash Equivalents, beginning of period 152,892 159,643
Cash and Cash Equivalents, end of period 148,511 163,247
Cash paid during the period for:    
Interest 261 263
Supplemental disclosures of non-cash investing and financing activities:    
Stock dividend distributed 6,046 5,295
Decrease in directors' & officer's retirement plan equity adjustment, net of tax 0 (46)
Unrealized holding (losses) gains on available for sale securities, net of taxes $ (1,811) $ 20