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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash Flows From Operating Activities:      
Consolidated Net Income $ 23,772 $ 14,091 $ 4,848
Adjustments to Reconcile Net Income to Net Cash Provided by (Used in) Operating Activities:      
Provision for Loan Losses 2,606 2,390 4,237
Depreciation and Amortization 1,588 1,172 1,181
Net Accretion of Purchase Accounting Valuations (2,646) (719) (4,529)
Noncash Compensation (Income) Expense 1,093 1,010 (59)
Net Amortization of Securities 1,688 2,038 1,750
Gain on Sales of Securities (106) (7) (31)
Noncash (Income) Loss on Other Equity Securities (1,684) (334) (243)
(Gain) Loss on Sale of Other Real Estate Owned, Net of Writedowns 546 (14) 276
Increase in Cash Value of Life Insurance (686) (681) (633)
Provision (Credit) for Deferred Income Taxes 336 (402) 3,126
Gain on Sale of Branch (581)
Changes in Assets and Liabilities:      
(Increase) Decrease in Accrued Interest Receivable 198 (970) (726)
(Increase) Decrease in Other Assets (318) 1,275 (675)
Increase (Decrease) in Accrued Interest Payable 159 184 (30)
Increase (Decrease) in Other Liabilities (1,547) 243 (524)
Net Cash Provided by Operating Activities 24,418 19,276 7,968
Cash Flows From Investing Activities:      
Purchases of Securities Available for Sale (27,223) (16,106) (8,581)
Proceeds from Maturities / Sales of Securities Available for Sale 25,984 11,417 7,881
Proceeds from Paydowns of Securities Available for Sale 38,678 33,670 19,625
Net Cash Paid in Merger (9,148)
Net Cash Paid in Sale of Branch (17,448)
Purchases of Other Equity Securities (3,031) (1,175) (2,453)
Redemption of Other Equity Securities 1,432 3,176 189
Net Increase in Loans (189,361) (168,371) (164,419)
Net Purchases of Premises and Equipment (3,959) (919) (505)
Loss on Disposal of Premises and Equipment 774
Proceeds from Sales of Other Real Estate 1,400 654 1,084
Net Increase in Federal Funds Sold (19,536) (23,516) (6,264)
Net Cash Used in Investing Activities (192,290) (170,318) (153,443)
Cash Flows From Financing Activities:      
Net Increase in Deposits 73,319 124,471 122,738
Net Increase (Decrease) in Securities Sold Under Agreements to Repurchase 55,760 (5,757) (781)
Net Advances (Repayments) on Federal Home Loan Bank Borrowings 38,000 (25,000) 28,606
Net Decrease in Short Term Borrowings (862)
Net Proceeds (Repayments) from Long Term Borrowings (2,700) (300)
Proceeds from Issuance of Subordinated Debt 25,000
Proceeds from Issuance of Common Stock 823 27,652 62,455
Repurchase of Common Stock (2,553) (33)
Proceeds from Exercise of Stock Warrants 876
Payment of Dividends on Common Stock (5,054) (3,281) (1,792)
Net Cash Provided by Financing Activities 161,171 139,523 210,893
Net Increase (Decrease) in Cash and Cash Equivalents (6,701) (11,519) 65,418
Cash and Cash Equivalents at Beginning of Period 96,072 107,591 42,173
Cash and Cash Equivalents at End of Period 89,371 96,072 107,591
Supplemental Disclosures for Cash Flow Information:      
Interest on Deposits 19,616 11,384 6,351
Interest on Borrowings 3,494 2,098 908
Income Tax Payments 5,600 3,342 1,800
Supplemental Schedule for Noncash Investing and Financing Activities:      
Change in the Unrealized Gain (Loss) on Securities Available for Sale 7,698 (2,310) 1,450
Change in Deferred Tax Effect on the Unrealized (Gain) Loss on Securities Available for Sale (1,616) 485 (493)
Transfer of Loans to Other Real Estate 4,102 395 566
Transfer of Other Real Estate to Premises and Equipment $ 1,373 $ 175