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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 2,985 $ 1,958
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for loan losses 425 225
Depreciation 107 103
Stock compensation expense 270 200
Net amortization:    
Securities 95 106
Loans 177 85
Right of use asset 90  
Changes in other assets and liabilities:    
Accrued interest receivable 134 (695)
Other assets (5,584) (440)
Decrease in operating lease liability (99)  
Accrued expenses and other liabilities 1,966 1,022
Net cash provided by operating activities 566 2,564
Cash flows from investing activities:    
Net change in loans (22,100) (18,761)
Purchases of securities available for sale (9,918) (22,765)
Principal repayments on securities available for sale 4,575 4,831
Purchases of premises and equipment (333) (18)
Net cash used in investing activities (27,776) (36,713)
Cash flows from financing activities:    
Net increase in deposits 46,561 33,238
Decrease in secured borrowings   (2)
Exercise of stock options   378
Net cash provided by financing activities 46,561 33,614
Increase (decrease) in cash and cash equivalents 19,351 (535)
Cash and cash equivalents at beginning of period 30,562 43,077
Cash and cash equivalents at end of period 49,913 42,542
Cash paid during the period for:    
Interest 555 171
Income taxes 51 $ 75
Noncash transactions:    
Recognition of right of use asset on change of accounting principle $ 3,640