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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows From Operating Activities    
Net Income $ 3,825 $ 3,132
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision 1,245 787
Depreciation and amortization 895 752
Amortization/Accretion of investments 582 316
(Gain) loss on sale/call of securities (500) 402
Gain on sale of assets (15) (11)
Repossessed asset write downs, gains and losses on dispositions 14 33
FHLB stock dividends (16) (14)
Net increase in loans held for sale (476) (193)
Change in other assets and liabilities, net (1,325) 1,879
Net Cash Provided By Operating Activities 4,229 7,083
Cash Flows From Investing Activities    
Proceeds from maturities, calls and sales of HTM securities 34,022 2,323
Proceeds from maturities, calls and sales of AFS securities 100,327 25,843
Funds Invested in AFS securities (144,904) (378)
Net increase in loans (19,314) (73,465)
Purchase of premises and equipment (2,272) (2,603)
Proceeds from sales of premises and equipment 1 0
Proceeds from sales of other real estate owned 798 0
Net Cash Used In Investing Activities (31,342) (48,280)
Cash Flows From Financing Activities    
Net increase in deposits 95,596 81,527
Net increase in federal funds purchased and short-term borrowings 36,684 0
Repayment of long-term borrowings (1,578) (735)
Dividends paid (1,559) (1,409)
Net Cash Provided By Financing Activities 129,143 79,383
Net Increase In Cash and Cash Equivalents 102,030 38,186
Cash and Cash Equivalents at the Beginning of the Period 67,425 127,965
Cash and Cash Equivalents at the End of the Period 169,455 166,151
Noncash Activities:    
Acquisition of real estate in settlement of loans 319 15
Cash Paid During The Period:    
Interest on deposits and borrowed funds 7,621 6,359
Transfer of Portfolio Loans and Leases to Held-for-sale 52,553 0
Federal    
Cash Paid During The Period:    
Income taxes 0 0
State    
Cash Paid During The Period:    
Income taxes $ 0 $ 0