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CONSOLIDATED STATEMENTS CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows from Operating Activities:    
Net income $ 1,537 $ 1,726
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 631 572
Provision for loan losses 50 150
Deferred tax expense, net 408 889
Gain on sale of loans sold in the secondary market (139) (298)
Origination of loans held for sale in the secondary market (8,201) (15,026)
Proceeds from sale of loans in the secondary market 8,340 15,324
Loss (Gain) on sale of other real estate held for sale 26 (4)
Writedown of other real estate held for sale   16
Stock compensation 99 100
Change in other assets 513 1,334
Change in other liabilities (1,144) (2,293)
Net cash provided by operating activities 2,120 2,490
Cash Flows from Investing Activities:    
Net increase in loans (1,454) (5,099)
Net (decrease) increase in interest-bearing deposits in other financial institutions 1,983 599
Proceeds from maturities, sales, calls or paydowns of securities available for sale 1,336 2,776
Redemption of FHLBI stock   192
Capital expenditures (548) (536)
Proceeds from sale of other real estate 1,070 740
Net cash provided by (used in) investing activities 2,387 (1,328)
Cash Flows from Financing Activities:    
Net decrease in deposits (11,201) (1,692)
Net activity on line of credit 1,000 (750)
Increase (decrease) in fed funds purchased 10,000 (3,000)
Principal payments on borrowings (550) (550)
Dividend on common stock (755) (756)
Net cash used in financing activities (1,506) (6,748)
Net increase in cash and cash equivalents 3,001 (5,586)
Cash and cash equivalents at beginning of period 37,426 46,755
Cash and cash equivalents at end of period 40,427 41,169
Cash paid during the year for:    
Interest 1,746 1,411
Income taxes 40  
Noncash Investing and Financing Activities:    
Transfers of Foreclosures from Loans to Other Real Estate Held for Sale $ 64 $ 576