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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,585 $ 46
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 563 549
Provision for loan losses 186 1,000
Gain on sale of securities available-for-sale (4)
Gain on sale of mortgage loans (56) (39)
Loss (gain) on sale of premises and equipment 3 (1)
Loss (gain) on sale of other real estate owned 17 (58)
Loans originated for sale (3,459) (2,702)
Proceeds from sales of loans originated for sale 3,904 2,254
Adjustment of carrying value of other real estate owned 28 87
Amortization of bond premiums 93 117
Deferred tax benefit 423 10
Net change in:    
Accrued interest receivable 169 70
Other assets 1,002 (777)
Accrued interest payable (77) 12
Accrued expenses and other liabilities 24 160
Net Cash Provided by Operating Activities 4,393 706
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of securities available-for-sale (1,481)
Proceeds from sale of investment securities available-for-sale 1,025
Proceeds from repayments and maturities of securities available-for-sale 2,977 2,533
Payments for the purchase of premises and equipment (952) (1,108)
Proceeds from sale of premises and equipment 1
Proceeds from sales of other real estate owned 65 118
Net Cash (Used in) Provided by Investing Activities (18,481) 4,768
CASH FLOWS FROM FINANCING ACTIVITIES    
Net change in noninterest bearing deposits 35,580 6,624
Net Cash Provided by Financing Activities 52,942 8,048
Net increase in cash and cash equivalents 38,854 13,522
Cash and Cash Equivalents, Beginning of the Period 92,350 50,147
Cash and Cash Equivalents, End of the Period 131,204 63,669
Supplemental Disclosure of Cash Paid During the Period for:    
Interest 883 1,441
Taxes
Supplemental Disclosure of Non-cash Transactions:    
Other real estate acquired in settlement of foreclosed loans $ 118 $ 252