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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 919 $ 3,094
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 2,626 2,547
Provision for loan losses 252 450
Income on bank owned life insurance (57) (115)
Gain on sale and leaseback transactions [1] (2,619)
(Gain) loss on sale of premises and equipment 46 (5)
Loss on sale of foreclosed real estate 135 64
Adjustment of carrying value of foreclosed real estate 542 758
Amortization/accretion of bond premiums/discounts 644 785
Deferred tax expense (benefit) 195 (193)
Net change in:    
Interest receivable 102 (188)
Other assets 51 70
Accrued interest payable 161 95
Accrued expenses and other liabilities (1,215) 991
Net Cash Provided by Operating Activities 4,401 5,734
CASH FLOWS FROM INVESTING ACTIVITIES    
Net increase in loans (37,893) (45,031)
Proceeds from the sale of loans 1,543 3,651
Purchase of securities available-for-sale (967) (19,843)
Proceeds from sale and maturities of securities available-for-sale 11,190 17,921
Net sale of equity securities (restricted) 21 232
Payments for the purchase of premises and equipment (1,647) (2,164)
Proceeds from bank owned life insurance 7,933
Proceeds from sale and leaseback transactions 1,042
Proceeds from sale of premises and equipment 895 9
Proceeds from insurance claims on other real estate owned   12
Proceeds from sales of other real estate owned 1,405 4,742
Net Cash Used in Investing Activities (25,453) (31,496)
CASH FLOWS FROM FINANCING ACTIVIES    
Exercise of common stock warrants 1,113
Repayments of long term debt (1,758)
Net change in short term borrowings 3,072 (4,442)
Net change in non-interest bearing deposits 9,667 (2,913)
Net change in interest bearing deposits 3,781 31,019
Net Cash Provided by Financing Activities 16,520 23,019
Net decrease in cash and cash equivalents (4,532) (2,743)
Cash and Cash Equivalents, Beginning of the Year 32,705 35,448
Cash and Cash Equivalents, End of the Year 28,173 32,705
Supplemental Disclosure of Cash Paid During the Year for:    
Interest 4,104 3,118
Taxes 320
Supplemental Disclosure of Non Cash Transactions:    
Right-of-use assets obtained in exchange for new operating lease liabilities 5,253
Loan made to finance sale of premises and equipment 4,935
Other real estate acquired in settlement of foreclosed loans 1,719 3,087
Loans made to finance sale of foreclosed real estate 569 1,477
Transfer of premises and equipment to other real estate 125
Retirement of common stock (111)
Change in unrealized losses on securities available-for-sale $ (813) $ (60)
[1] Not within the scope of ASU 2014-9