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Consolidated Statements of Cash flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income $ 85 $ 1,317
Adjustments to reconcile net income to net cash from operating activities:    
Net amortization of investment securities 221 232
Depreciation 654 661
Provision for loan losses 30 500
Net loss on disposal of premises and equipment 0 33
Net change in fair value of marketable equity securities (222) (568)
Net gain on sale of available for sale securities (12) (1,023)
Stock compensation expense 241 156
Adjustment to mortgage servicing rights valuation (369) 369
(Benefit from) provision for deferred income tax (64) 1,650
Originations of mortgage loans held for sale (121,562) (195,425)
Proceeds from sales of mortgage loans held for sale 124,366 197,125
Net gain on sale of mortgage loans held for sale (1,503) (3,499)
ESOP compensation 246 67
Net change in cash value of life insurance (407) (400)
Changes in operating assets and liabilities:    
Net change in mortgage servicing rights 139 (3)
Change in accrued interest receivable and other assets (243) (248)
Change in accrued interest payable and other liabilities 1,108 322
Net cash provided by operating activities 2,708 1,266
Cash Flows From Investing Activities    
Proceeds from sales of available for sale securities 1,018 19,515
Maturities, prepayments, and calls of available for sale securities 12,442 55,217
Purchases of available for sale securities (68,770) (59,857)
Net Change In Marketable Equity Securities (330) (46)
Net (increase) decrease in loans 5,254 (18,899)
Net capital expenditures for premises and equipment (243) (288)
Net increase in Federal Home Loan Bank stock 0 (2,119)
Cash Received In MHC Merger 100 0
Net cash used in investing activities (50,529) (6,477)
Cash flows from financing activities    
Net increase in deposits 4,653 35,252
Net (decrease) increase in advance payments by borrowers for taxes and insurance (877) 1,056
Proceeds from the issuance of FHLB advances 0 52,000
Proceeds from stock offering 35,418 0
Stock offering costs (1,988) 0
Purchase of ESOP shares (2,041) 0
Purchases of common stock (151) (1,053)
Sale of treasury stock by Rabbi Trust 10 0
Principal payments on Federal Home Loan Bank advances (12,956) (1,225)
Stock options exercised 30 0
Net cash provided by financing activities 22,098 86,030
Net (decrease) increase in cash and cash equivalents (25,723) 80,819
Cash and cash equivalents at beginning of year 92,526 11,707
Cash and cash equivalents at end of year 66,803 92,526
Supplemental cash flow information:    
Cash paid during the year for interest 1,610 3,242
Cash received during the year for income taxes (196) (5)
Noncash activities:    
Retirement of common stock 69 0
Loans transferred to loans held for sale 0 124
Issuance of treasury stock – stock compensation plans 15 0
1895 Bancorp of Wisconsin, Inc. common stock held by PyraMax Bank reclassified to treasury stock 0 175
Retirement of treasury stock $ 1,053 $ 0