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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 3,985 $ 3,272
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for Loan Losses 415 255
Amortization of deferred loan costs 77 57
Depreciation and amortization 326 374
Net amortization of investment security premiums and discounts 143 130
Stock compensation expense 51 37
Net realized gain on sale of other real estate owned (11) (15)
Impairment on other real estate owned   80
Income on bank owned life insurance (187) (129)
Increase in accrued interest receivable (43) (55)
Increase in other assets (564) (657)
(Decrease) increase in accrued interest payable (83) 209
Increase in other liabilities 519 365
Net Cash Provided by Operating Activities 4,628 3,923
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of securities available for sale (10,826) (15,416)
Maturities, calls and principal repayments of securities available for sale 5,715 3,717
Net increase in loans (30,456) (41,041)
Net redemption of restricted investment in bank stock 41 1,554
Purchases of premises and equipment (240) (308)
Net Cash Used in Investing Activities (35,766) (51,494)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 47,837 114,228
Net decrease in securities sold under agreements to repurchase (2,441) (18,932)
Proceeds from Employee Stock Purchase Plan 26  
Decrease in short-term borrowed funds   (39,306)
Payments of long-term borrowed funds   (3,820)
Acquisition of treasury stock (97)  
Net Cash Provided by Financing Activities 45,325 52,170
Net Increase in Cash and Cash Equivalents 14,187 4,599
CASH AND CASH EQUIVALENTS - BEGINNING 24,218 19,526
CASH AND CASH EQUIVALENTS - ENDING 38,405 24,125
SUPPLEMENTARY CASH FLOWS INFORMATION    
Interest paid 2,177 1,641
Income taxes paid 1,703 1,482
Other real estate sold through bank financing   523
Deferral of gain from sale of other real estate sold through bank financing $ 11 $ 15