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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Cash Flows From Operating Activities              
Net income $ 3,406 $ 3,985 $ 3,003 $ 2,733 $ 7,391 $ 5,736  
Adjustments to reconcile net income to net cash provided by operating activities:              
Depreciation         335 285  
Accretion and amortization of investment securities premiums and discounts, net         847 1,393  
(Decrease) increase in deferred loan origination fees and costs, net         (90) 70  
Provision for loan losses 0   525   0 1,050 $ 2,100
Stock-based compensation         236 225  
Gain on sale of fixed assets         (281) 0  
Losses on sales of available-for-sale securities 6   0   6 0  
Other real estate owned writedowns         308 0  
Operating lease payments (217)       (434) (421)  
Gains on sales of loans held-for-sale (70)   (85)   (185) (154)  
Proceeds from sales of loans held-for-sale         10,280 10,194  
Originations of loans held-for-sale         (8,954) (10,436)  
Changes in assets and liabilities:              
(Increase) decrease in interest receivable and other assets         (6,191) 98  
Increase (decrease) in interest payable and other liabilities         3,253 (1,131)  
Net cash provided by operating activities         6,521 6,909  
Cash Flows From Investing Activities              
Proceeds from calls or maturities of available-for-sale securities         24,580 14,580  
Proceeds from sales of available-for-sale securities         8,102 0  
Principal repayments on available-for-sale securities         23,972 25,081  
Purchase of available-for-sale securities         (47,130) (49,620)  
Net increase in certificates of deposit         (6,615) (2,181)  
Net decrease in loans         31,864 7,161  
Net increase in stock in Federal Home Loan Bank and other equity securities, at cost         (555) (452)  
Sales (purchases) of premises and equipment, net         389 (28)  
Net cash provided by (used in) investing activities         34,607 (5,459)  
Cash Flows From Financing Activities              
Net decrease in deposits         (32,867) (33,112)  
Cash dividends paid in lieu of fractional shares         (8) (10)  
Net cash used in financing activities         (32,875) (33,122)  
Net increase (decrease) in Cash and Cash Equivalents         8,253 (31,672)  
Cash and Cash Equivalents, beginning of period   $ 116,032   $ 152,892 116,032 152,892 152,892
Cash and Cash Equivalents, end of period $ 124,285   $ 121,220   124,285 121,220 $ 116,032
Cash paid during the period for:              
Interest         801 536  
Income taxes         3,560 1,655  
Supplemental disclosures of non-cash investing and financing activities:              
Stock dividend distributed         6,610 6,046  
Change in unrealized holding gains (losses) on available for sale securities, net of taxes         $ 4,802 $ (2,421)