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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities:    
Net income $ 3,406 $ 1,007
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,173 825
Provision for loan losses 200 150
Deferred tax expense, net 1,756 559
Gain on sales/calls of securities   (109)
Gain on sale of loans sold in the secondary market (614) (514)
Origination of loans held for sale in secondary market (30,012) (31,910)
Proceeds from sale of loans in the secondary market 30,626 32,424
(Gain) loss on sale of premises, equipment, and other real estate held for sale 2 (3)
Writedown of other real estate held for sale 253  
Stock compensation 199 300
Change in other assets 1,529 2,070
Change in other liabilities (1,952) (595)
Net cash provided by operating activities 6,566 4,204
Cash Flows from Investing Activities:    
Net increase in loans (9,420) (28,383)
Net (decrease) increase in interest bearing deposits in other financial institutions (265) 100
Purchase of securities available for sale   (5,225)
Proceeds from maturities, sales, calls or paydowns of securities available for sale 4,781 10,906
Redemption of FHLB stock 192  
Capital expenditures (1,716) (1,020)
Purchase additional FLHB stock (531)  
Net cash used in Eagle acquisition and reimbursement of contract termination fee   (1,900)
Proceeds from sale of premises, equipment, and other real estate 949 565
Net cash used in investing activities (6,010) (24,957)
Cash Flows from Financing Activities:    
Net increase in deposits 24,733 23,526
Net activity on lines of credit 545 (5,750)
Decrease in fed funds purchased (6,000)  
New term debt issuance 25,000 19,800
Principal payments on borrowings (1,100) (200)
Repurchase of common stock   (150)
Dividend on common stock (1,511) (1,246)
Net cash used in financing activities 41,667 35,980
Net increase in cash and cash equivalents 42,223 15,227
Cash and cash equivalents at beginning of period 46,755 25,008
Cash and cash equivalents at end of period 88,978 40,235
Cash paid during the year for:    
Interest 2,968 2,041
Income taxes   100
Noncash Investing and Financing Activities:    
Transfers of Foreclosures from Loans to Other Real Estate Held for Sale $ 659 $ 851