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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Operating activities:          
Net income $ 1,845 $ 1,975 $ 3,258 $ 3,302  
Adjustments to reconcile net income to net cash provided by operating activities:          
Provision for loan losses (459) 41 (444) 199  
Depreciation     396 403  
Net amortization of securities premiums     305 283  
Net amortization of loan origination fees     50 35  
Deferred net loan origination costs     (161) (197)  
Amortization of core deposit intangible asset 22 20 44 31  
Amortization of investment in low income housing partnership 200 200 400 400  
Net amortization of purchase fair value adjustments     (134) (28)  
Net realized loss on sales and calls of available for sale securities     56 15  
Change in value of equity securities (6) (52) (15) (46)  
Loss (gain) on sales of other real estate owned 14 (10) 14 (10)  
Earnings on bank owned life insurance and annuities (71) (86) (140) (167)  
Deferred income tax expense (benefit)     132 (514)  
Equity loss in from unconsolidated subsidiary, net of dividends of $0 and $75, respectively       194  
Equity gain from acquisition of unconsolidated subsidiary       (415)  
Stock-based compensation expense     47 39  
Proceeds from mortgage loans sold to others     46 46  
Mortgage banking income     (36) (36)  
Increase in accrued interest receivable and other assets     (1,798) (764)  
Increase (decrease) in accrued interest payable and other liabilities     2,443 (208)  
Net cash provided by operating activities     4,463 2,562  
Investing activities:          
Purchases of: Securities available for sale     (54,716) (4,119)  
Purchases of: FHLB stock     (657)    
Purchases of: Premises and equipment     (170) (66)  
Purchases of: Bank owned life insurance and annuities     (17) (18)  
Proceeds from: Sales of securities available for sale 0 0 11,107 4,285  
Proceeds from: Maturities of and principal repayments on securities available for sale     8,753 6,324  
Proceeds from: Redemption of FHLB stock       730  
Sale of other real estate owned     135 77  
Sale of other assets       13  
Net cash received from acquisition       7,561  
Investment in low income housing partnerships     (90) (100)  
Net decrease in interest bearing time deposits with banks     590 245  
Net decrease (increase) in loans     10,847 (6,447)  
Net cash (used in) provided by investing activities     (24,218) 8,485  
Financing activities:          
Net increase in deposits     12,656 18,721  
Net decrease in short-term borrowings and securities sold under agreements to repurchase     (11,654) (10,426)  
Issuance of long-term debt     45,000    
Repayment of long-term debt     (15,000) (10,000)  
Cash dividends     (2,244) (2,170)  
Purchase of treasury stock       (40)  
Treasury stock issued for employee stock plans     89 91  
Common stock issued for employee stock plans       42  
Net cash provided by (used in) financing activities     28,847 (3,782)  
Net increase in cash and cash equivalents     9,092 7,265  
Cash and cash equivalents at beginning of year     16,456 9,897 $ 9,897
Cash and cash equivalents at end of period $ 25,548 $ 17,162 25,548 17,162 $ 16,456
Supplemental information:          
Interest paid     2,058 1,686  
Income tax paid     $ 18 14  
Supplemental schedule of noncash investing and financing activities:          
Transfer of loans to other real estate owned       86  
Transfer of loans to repossessed vehicles       $ 12