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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows From Operating Activities    
Net income $ 5,736 $ 5,061
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 285 295
Accretion and amortization of investment securities premiums and discounts, net 1,393 1,853
Valuation adjustment on mortgage servicing rights 0 (21)
Increase in deferred loan origination fees and costs, net 70 133
Provision for loan losses 1,050 600
Stock-based compensation 225 165
Losses on sales of available-for-sale securities 0 16
Gain on sale-leaseback of real estate 0 (1,187)
Gains on sales of loans held-for-sale (154) (295)
Proceeds from sales of loans held-for-sale 10,194 15,699
Originations of loans held-for-sale (10,436) (12,886)
Changes in assets and liabilities:    
Decrease (increase) in interest receivable and other assets 98 (673)
Decrease in interest payable and other liabilities (1,552) (517)
Net cash provided by operating activities 6,909 8,243
Cash Flows From Investing Activities    
Proceeds from calls or maturities of available-for-sale securities 14,580 2,275
Proceeds from sales of available-for-sale securities 0 462
Principal repayments on available-for-sale securities 25,081 23,694
Purchase of available-for-sale securities (49,620) (55,419)
Net (increase) decrease in certificates of deposit (2,181) 12,245
Net decrease (increase) in loans 7,161 (5,980)
Net increase in stock in Federal Home Loan Bank and other equity securities, at cost (452) (1,158)
Proceeds from sale of bank premises and equipment 0 2,868
Purchases of bank premises and equipment, net (28) (930)
Net cash used in investing activities (5,459) (21,943)
Cash Flows From Financing Activities    
Net decrease in deposits (33,112) (14,423)
Cash dividends paid in lieu of fractional shares (10) (10)
Net cash provided by financing activities (33,122) (14,433)
Net decrease in Cash and Cash Equivalents (31,672) (28,133)
Cash and Cash Equivalents, beginning of period 152,892 159,643
Cash and Cash Equivalents, end of period 121,220 131,510
Cash paid during the period for:    
Interest 536 518
Income taxes 1,655 3,265
Supplemental disclosures of non-cash investing and financing activities:    
Stock dividend distributed 6,046 5,295
Decrease in directors' and officers' retirement plan equity adjustment, net of tax 0 (46)
Change in unrealized holding (losses) gains on available for sale securities, net of taxes $ (2,421) $ 113