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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows from Operating Activities:    
Net income $ 3,167 $ 1,537
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 618 631
Provision for loan losses 100 50
Deferred tax expense, net 324 408
Gain on sale of loans sold in the secondary market (258) (139)
Origination of loans held for sale in the secondary market (13,604) (8,201)
Proceeds from sale of loans in the secondary market 13,862 8,340
Loss on sale of other real estate held for sale 28 26
Stock compensation 138 99
Change in other assets (2,386) 513
Change in other liabilities 3,351 (1,144)
Net cash provided by operating activities 5,340 2,120
Cash Flows from Investing Activities:    
Net decrease (increase) in loans (9,291) (1,454)
Net decrease in interest bearing deposits in other financial institutions 740 1,983
Proceeds from maturities, sales, calls or paydowns of securities available for sale 4,306 1,336
Capital expenditures (346) (548)
Proceeds from sale of other real estate, premises and fixed assets 415 1,070
Net cash (used in) provided by investing activities (4,176) 2,387
Cash Flows from Financing Activities:    
Net (decrease) increase in deposits (289) (11,201)
Net activity on line of credit   1,000
Increase in fed funds purchased 3,875 10,000
Principal payments on borrowings (10,658) (550)
Dividend on common stock (1,286) (755)
Net cash used in financing activities (8,358) (1,506)
Net increase in cash and cash equivalents (7,194) 3,001
Cash and cash equivalents at beginning of period 64,157 37,426
Cash and cash equivalents at end of period 56,963 40,427
Cash paid during the year for:    
Interest 2,523 1,746
Income taxes   40
Noncash Investing and Financing Activities:    
Transfers of Foreclosures from Loans to Other Real Estate Held for Sale $ 298 $ 64