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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Dec. 31, 2015
Jun. 30, 2015
Cash Flows From Operating Activities:          
Net Income $ 2,021 $ 2,063 $ 3,790 $ 3,519 $ 3,291
Adjustments to reconcile net income:to cash provided by operating activities:          
(Recovery of provision) provision for credit losses 12 (2) (10)   457
Depreciation and amortization     731   717
Amortization of investment securities     194   139
Accretion of investment securities     (19)   (14)
Increase in accrued interest receivable     (918)   (69)
Decrease in accrued interest payable     (1)   (12)
Decrease in accounts payable and accrued liabilities     (729)   (342)
Increase in unearned fees and unamortized loan origination costs, net     (1,401)   (707)
Decrease in income taxes receivable     1,956   1,997
Stock-based compensation expense     14   14
Benefit for deferred income taxes     194   82
(Gain) loss on sale of other real estate owned     (53)   1
Increase in cash surrender value of bank-owned life insurance     (264)   (258)
Gain on fair value option of financial liabilities     (471)   (199)
Loss on tax credit limited partnership interest 37 30 73   60
Net increase in other assets     (77)   (185)
Net cash provided by operating activities     3,009   4,972
Cash Flows From Investing Activities:          
Net increase in interest-bearing deposits with banks     (4)   (3)
Purchase of correspondent bank stock     (101)   (147)
Purchases of available-for-sale securities     (14,940)   0
Maturities of available-for-sale securities     0   2,000
Principal payments of available-for-sale securities     3,330   3,149
Net increase in loans     (38,919)   (45,546)
Cash proceeds from sales of other real estate owned     2,410   41
Payoff of senior liens on other real estate owned     (705)   0
Investment in limited partnership     (66)   (118)
Capital expenditures of premises and equipment     (345)   (360)
Net cash used in investing activities     (49,340)   (40,984)
Cash Flows From Financing Activities:          
Net increase in demand deposits and savings accounts     16,964   18,119
Net decrease in time deposits     (1,820)   (3,531)
Net cash provided by financing activities     15,144   14,588
Net decrease in cash and cash equivalents     (31,187)   (21,424)
Cash and cash equivalents at beginning of period     125,751 82,153 103,577
Cash and cash equivalents at end of period $ 94,564 $ 82,153 $ 94,564 $ 125,751 $ 82,153