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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 1,202 $ 777  
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation and amortization 174 185  
Provision for loan losses 237 70 $ 1,142
Amortization of premium on securities, net 106 137  
Amortization of discount on subordinated notes 8 8  
Gains on sales of loans held for sale (150) (138)  
(Gains) losses on sales and writedowns of other real estate, net 158  
Gains on sales of investment securities (60) (13)  
Increase in value of life insurance contracts (52) (48)  
Stock compensation expense 68 36  
Originations of loans held for sale (6,374) (5,987)  
Proceeds from sales of loans held for sale 7,519 6,680  
Changes in assets and liabilities:      
Accrued income 153 39  
Other assets (811) (334)  
Deferred taxes, net (27) 178  
Accrued interest payable 140 134  
Other liabilities 342 155  
Net cash flows provided by operating activities 2,633 1,879  
Cash flows from investing activities:      
Net increase in federal funds sold (7) (9)  
Purchases of available for sale securities (900) (5,696)  
Sales, maturities, and calls of available for sale securities 5,817 6,452  
Purchase of restricted equity securities, net (76) (77)  
Net increase in loans (12,227) (9,032)  
Proceeds from sales of other real estate 163 646  
Purchases of property and equipment (45) (88)  
Net cash flows used in investing activities (7,275) (7,804)  
Cash flows from financing activities:      
Net increase in noninterest-bearing deposits 2,726 15,231  
Net decrease in interest-bearing deposits (3,738) (1,434)  
Net increase in FHLB borrowings 1,766 1,917  
Net increase (decrease) in other borrowings (978) 4  
Exercise of stock options 58  
Net settlement of vested restricted stock (17)  
Net cash flows (used in) provided by financing activities (166) 15,701  
Net increase (decrease) in cash and cash equivalents (4,808) 9,776  
Cash and cash equivalents, beginning 21,714 18,229 18,229
Cash and cash equivalents, ending 16,906 28,005 $ 21,714
Supplemental disclosure of cash flow information:      
Cash payments for interest 643 599  
Cash payments for income taxes  
Supplemental disclosure of noncash investing and financing activities:      
Transfer from loans to other real estate owned 697  
Change in unrealized gains and losses on available for sale securities $ (810) $ 64