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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,361 $ 4,628
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 620 605
Net amortization and accretion of securities 133 140
Net gains on sale of securities (64)
Net losses on sales of assets 33
Earnings on bank owned life insurance (576) (220)
Amortization of Intangible Assets 51 58
Depreciation and other amortization 532 565
Stock option expense 47 17
Stock grants, unrestricted 424  
Net change in:    
Accrued interest receivable and other assets (48) 208
Accrued interest payable and other liabilities 64 (289)
Net cash provided by operating activities 4,544 5,744
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net increase in restricted investments (1) (887)
Purchases of available for sale securities (6,946)
Proceeds from maturities, calls and principal payments of available for sale securities 2,547 2,706
Proceeds from sales of available for sale securities 10,443
Net decrease (increase) in organic loans 14,168 (9,470)
Net decrease in purchased loans 565 3,299
Cash payment for wealth management book of business (50) (100)
Proceeds from settlement of bank owned life insurance 1,176
Purchase of bank premises and equipment (84) (357)
Net cash provided by (used in) investing activities 21,818 (4,809)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net decrease in demand deposits, NOW accounts, and money market accounts (32,476) (28,472)
Net increase in certificates of deposit and other time deposits 13,462 22,256
Net decrease in repurchase agreements (5,705)
Net increase in other short term borrowings 20,000
Proceeds from stock options exercised 102 218
Cash dividends paid (1,530) (941)
Net cash used in financing activities (20,442) 7,356
NET DECREASE IN CASH AND CASH EQUIVALENTS 5,920 8,291
CASH AND CASH EQUIVALENTS:    
Beginning of period 18,874 18,277
End of period 24,794 26,568
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash payments for: Interest 1,904 1,048
Cash payments for: Taxes 1,150 1,415
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Unrealized gain (loss) on available for sale securities 1,569 (1,074)
Initial right-of-use assets obtained in exchange for new operating lease liabilities $ 4,279