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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities:    
Net income $ 13,850 $ 8,367
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,880 2,607
Provision for loan losses 385 500
Deferred tax expense 1,374 874
Net realized security gains (208)  
(Gain) on sale of loans sold in the secondary market (1,544) (1,019)
Origination of loans held for sale in secondary market (89,546) (57,118)
Proceeds from sale of loans in the secondary market 86,926 58,137
Loss on sale other real estate held for sale 31 57
Writedown of other real estate held for sale 181 125
Stock compensation 498 533
Change in other assets (10,934) 7,531
Change in other liabilities 3,704 37
Net cash provided by operating activities 7,597 20,631
Cash Flows from Investing Activities:    
Net increase in loans (17,649) (6,148)
Net decrease in interest-bearing deposits in other financial institutions 3,157 5,807
Purchase of securities available for sale (18,839) (1,989)
Proceeds from maturities, sales, calls or paydowns of securities available for sale 29,374 63,404
Capital expenditures (2,737) (2,549)
Cash paid for acquisitions and reimbursement of fees, net of cash acquired   4,768
Proceeds from sale of premises, equipment, and other real estate 1,867 2,190
Net cash provided by (used in) investing activities (4,827) 65,483
Cash Flows from Financing Activities:    
Net (decrease) increase in deposits (21,860) (27,389)
(Decrease) increase in fed funds purchased 3,320 2,905
Dividend on common stock (5,576) (4,612)
Proceeds from FHLB borrowing 25,000  
Proceeds from common stock offering   32,451
Principal payments on borrowings (17,985) (62,738)
Net cash (used in) provided by financing activities (17,101) (59,383)
Net (decrease) increase in cash and cash equivalents (14,331) 26,731
Cash and cash equivalents at beginning of period 64,157 37,426
Cash and cash equivalents at end of period 49,826 64,157
Cash paid during the year for:    
Interest 10,320 8,178
Income taxes 1,500 1,600
Business Combinations    
Fair value of tangible assets acquired (noncash)   372,967
Goodwill and identifiable intangible assets acquired   20,192
Liabilities assumed   $ 349,464
Shares of common stock issued (in shares)   2,146,378
Noncash Investing and Financing Activities:    
Transfers of Foreclosures from Loans to Other Real Estate Held for Sale (net of adjustments made through the allowance for loan losses) 1,629 $ 1,878
Transfers of Other Real Estate Held for Sale to Fixed Assets $ 1,013