XML 16 R6.htm IDEA: XBRL DOCUMENT v3.19.2
STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows from Operating Activities:    
Net Income $ 43 $ 58
Adjustments to Reconcile Net Income to Net Cash (Used in) Provided by Operating Activities:    
Provision for Loan Losses (9) (11)
Depreciation Expense 19 9
Amortization of FHLB Advance Prepayment Penalty 18 18
Provision for Deferred Income Taxes 5 (4)
Net Amortization of Premium/Discount on Mortgage-Backed Securities 9 3
Stock Dividend on Federal Home Loan Bank Stock (10) (7)
Net decrease (increase) in Loans Held-for-Sale 303 593
Changes in Assets and Liabilities:    
Decrease (increase) in Accrued Interest Receivable (14) 12
(Increase) in CSV of Life Insurance (23) (23)
(Increase) decrease in Prepaid Expenses and Other Assets (293) 26
(Decrease) in Accrued Expenses and Other Liabilities (57) (8)
Net Cash (Used in) Provided by Operating Activities (9) 666
Cash Flows from Investing Activities:    
Net decrease (increase) in Loans 402 (699)
Proceeds from Maturities of Interest-Bearing Deposits   250
Purchases of Interest-Bearing Deposits   (1,000)
Purchases of Investment Securities (991)  
Proceeds from Sales, Calls and Principal Repayments of Investment Securities 203 273
Purchases of Premises and Equipment (7) (15)
Proceeds from Sale of Other Real Estate   66
Net Cash (Used in) Investing Activities (393) (1,125)
Cash Flows from Financing Activities:    
Net Increase in Deposits 2,826 1,825
Advances from Federal Home Loan Bank 2,000 2,500
Payments on Advances from Federal Home Loan Bank (4,000) (2,014)
Net (Decrease) in Advance Payments by Borrowers for Taxes and Insurance (531) (486)
Net Cash Provided by Financing Activities 295 1,825
Net (Decrease) Increase in Cash and Cash Equivalents (107) 1,366
Cash and Cash Equivalents at Beginning of Period 3,090 713
Cash and Cash Equivalents at End of Period 2,983 2,079
Cash Paid for:    
Interest 447 343
Supplemental Schedule for Noncash Investing and Financing Activities:    
Change in the Unrealized Gain/Loss on Investment Securities $ 43 $ (58)