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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 6,859 $ 4,461
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan and lease losses 500
Provision for depreciation and amortization 945 1,049
Amortization of core deposit intangible 110 111
Amortization of debt issuance costs 23 23
Compensation expense associated with stock options 5 10
Compensation expense associated with restricted stock 143 105
Tax benefits from vesting of restricted stock (35) (45)
Net gain on sale or call of securities (40) (101)
Amortization of investment premiums and accretion of discounts, net 963 934
Amortization of held-to-maturity fair value adjustments (36)
Gain on disposal of fixed assets (5)
Write-down of other real estate owned 52
(Gain) loss on sale of OREO (16) 59
Increase in cash surrender value of life insurance (256) (279)
Life insurance death benefit (502)
(Decrease) increase in deferred compensation and salary continuation plans (36) 23
Increase in deferred loan fees and costs (53) (217)
Decrease in other assets 386 778
Decrease in other liabilities (767) (1,664)
Net cash provided by operating activities 8,226 5,261
Cash flows from investing activities:    
Proceeds from maturities and payments of available-for-sale securities 14,662 9,793
Proceeds from sale of available-for-sale securities 20,505 27,252
Purchases of available-for-sale securities (21,501) (70,487)
Investment in qualified affordable housing partnerships (31) (18)
Net (purchase) redemption of Federal Home Loan Bank of San Francisco stock (1,355) 72
Loan originations, net of principal repayments (61,439) (15,913)
Net repayment on loan pools 4,781 3,456
Purchase of premises and equipment (227) (323)
Proceeds from the sale of other real estate owned 51 55
Proceeds from life insurance policy 2,249
Net cash used in investing activities (44,554) (43,864)
Cash flows from financing activities:    
Net (decrease) increase in demand deposits and savings accounts (25,873) 50,554
Net decrease in certificates of deposit (22,330) (8,995)
Advances on term debt 210,000 30,000
Repayment of term debt (151,800) (30,617)
Proceeds from stock options exercised 123 220
Net proceeds from issuance of common stock 26,778
Cash paid when directly withholding shares for tax-withholding purposes (103) (85)
Cash dividends paid on common stock (973) (805)
Net cash provided by financing activities 9,044 67,050
Net (decrease) increase in cash and cash equivalents (27,284) 28,447
Cash and cash equivalents at beginning of year 66,970 68,407
Cash and cash equivalents at end of period 39,686 96,854
Supplemental disclosures of cash flow activity:    
Income taxes 2,725 1,933
Interest 2,560 2,238
Supplemental disclosures of non cash investing activities:    
Transfer of loans to other real estate owned 140 924
Unrealized (loss) gain on investment securities available-for-sale (4,431) 2,026
Changes in net deferred tax asset related to changes in unrealized loss (gain) on investment securities available-for-sale 1,309 (834)
Changes in accumulated other comprehensive income due to changes in unrealized (loss) gain on investment securities available-for-sale (3,122) 1,192
Accretion of held-to-maturity investment securities from other comprehensive income to interest income (36)
Changes in deferred tax related to accretion of held-to-maturity investment securities 15
Changes in accumulated other comprehensive income due to accretion of held-to-maturity investment securities (21)
Reclassification of accumulated other comprehensive income due to tax rate change 52
Supplemental disclosures of non cash financing activities:    
Vested stock issued under employee plans 45 41
Cash dividend declared on common shares and payable after period-end $ 650 $ 486