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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Cash Flows From Operating Activities          
Net income $ 1,137,000 $ 2,098,000 $ 2,247,000 $ 4,266,000  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization     995,000 928,000  
Provision for loan losses 1,620,000 181,000 2,170,000 290,000  
Amortization of core deposit intangible 108,000 145,000 253,000 338,000  
Net loss on sale of securities available for sale   (6,000)   1,000  
Net equity securities fair value adjustment losses (gains)     790,000 (35,000)  
Net gain on sale of office properties and equipment     (26,000)    
Origination of loans held for sale     (24,847,000) (3,975,000)  
Proceeds from sale of loans held for sale     25,218,000 4,057,000  
Net loan sale gains and referral fees     (481,000) (82,000)  
Compensation expense on ESOP 84,000 100,000 184,000 208,000  
Compensation expense on stock awards     68,000 36,000  
Deferred income taxes     (236,000) (70,000)  
Increase in accrued interest receivable     (340,000) (228,000)  
Earnings on bank-owned life insurance (139,000) (134,000) (277,000) (265,000)  
Decrease in accrued interest payable     (126,000) (85,000)  
(Increase) decrease in accounts receivable     (30,000) 3,220,000  
Other, net     (21,000) (244,000)  
Net Cash Provided by Operating Activities     5,541,000 8,360,000  
Cash Flows Used In Investing Activities          
Net increase in loans     (31,651,000) (5,748,000)  
Purchases of investment securities     (12,628,000) (7,083,000)  
Purchases of mortgage-backed securities     (11,682,000) (20,890,000)  
Proceeds from maturities/principal repayments/calls of investment securities     12,825,000 1,535,000  
Proceeds from maturities/principal repayments/calls of mortgage-backed securities     15,068,000 8,150,000  
Proceeds from sales of investment securities   2,600,000   6,328,000  
Proceeds from sales of mortgage-backed securities       1,286,000  
Purchase of Federal Home Loan Bank stock     (1,620,000) (2,034,000)  
Redemption of Federal Home Loan Bank stock     610,000 2,267,000  
Proceeds from sales of foreclosed real estate     97,000 44,000  
Purchase of bank-owned life insurance     (1,000,000) (265,000)  
Proceeds from sales of office properties and equipment     26,000    
Purchases of office properties and equipment     (229,000) (304,000)  
Net Cash Used by Investing Activities     (30,184,000) (16,714,000)  
Cash Flows From Financing Activities          
Net increase in demand and savings accounts     73,143,000 18,710,000  
Net decrease in time deposits     (16,474,000) (368,000)  
Net increase in securities sold under agreements to repurchase     4,130,000 1,482,000  
Net repayments of Federal Home Loan Bank short-term borrowings       (4,524,000)  
Repayments of Federal Home Loan Bank advances     (16,010,000) (17,477,000)  
Proceeds from Federal Home Loan Bank advances     25,000,000 15,000,000  
Lease liabilities payments     (178,000) (204,000)  
Net (decrease) increase in advance deposits by borrowers for taxes and insurance     (5,000) 47,000  
Exercise of stock options     258,000 206,000  
Dividends paid     (2,037,000) (2,059,000)  
Stock repurchases     (1,197,000) (1,604,000)  
Net Cash Provided by Financing Activities     66,630,000 9,209,000  
Net Increase in Cash and Cash Equivalents     41,987,000 855,000  
Cash and Cash Equivalents - Beginning     32,427,000 16,207,000 $ 16,207,000
Cash and Cash Equivalents - Ending $ 74,414,000 $ 17,062,000 74,414,000 17,062,000 32,427,000
Supplementary Cash Flows Information:          
Interest paid     4,212,000   $ 4,586,000
Income taxes paid     213,000 1,369,000  
Investment securities purchased not settled     6,502,000 1,144,000  
Loans transferred to foreclosed real estate     $ 267,000 45,000  
Right-of-use asset       (1,132,000)  
Lease liability       1,158,000  
Prepaid lease payments       $ (26,000)