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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Operating activities:      
Net income $ 2,115,000 $ 1,635,000  
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 28,000 (79,000)  
Depreciation 160,000 187,000  
Net amortization of securities premiums 157,000 394,000  
Net amortization of loan origination fees 237,000 151,000  
Deferred net loan origination costs (144,000) (92,000)  
Amortization of intangibles 13,000 16,000  
Amortization of investment in low income housing partnerships 200,000 200,000  
Net amortization of purchase fair value adjustments (30,000) (48,000)  
Net realized gain on sales and calls of available for sale securities 0 (4,000)  
Change in value of equity securities 23,000 (93,000)  
Net gain on other real estate owned (7,000) (49,000)  
Earnings on bank owned life insurance and annuities (52,000) (54,000)  
Deferred income tax benefit (8,000) (9,000)  
Stock-based compensation expense 37,000 35,000  
Proceeds from mortgage loans sold to others 16,000 19,000  
Mortgage banking income (7,000) (8,000)  
Increase in accrued interest receivable and other assets (1,008,000) (817,000)  
Decrease in accrued interest payable and other liabilities (1,027,000) (573,000)  
Net cash provided by operating activities 703,000 811,000  
Investing activities:      
Purchases of: Securities available for sale (27,283,000) (61,579,000)  
Purchases of: Premises and equipment (145,000) (65,000)  
Purchases of: Bank owned life insurance and annuities (7,000) (6,000)  
Proceeds from: Sales of debt securities available for sale 0 16,815,000  
Proceeds from: Maturities of and principal repayments on securities available for sale 11,076,000 23,799,000  
Proceeds from: Redemption of FHLB stock 290,000 49,000  
Proceeds from: Sale of other real estate owned 94,000 0  
Net decrease in interest bearing time deposits with banks 245,000 0  
Net decrease (increase) in loans 5,705,000 (14,377,000)  
Net cash used in investing activities (10,025,000) (35,364,000)  
Financing activities:      
Net increase in deposits 12,422,000 46,593,000  
Net (decrease) increase in short-term borrowings and securities sold under agreements to repurchase 526,000 (2,128,000)  
Repayment of FRB advances 0 (27,955,000)  
Cash dividends (1,100,000) (1,102,000)  
Purchase of treasury stock (3,000) (483,000)  
Net cash provided by financing activities 11,845,000 14,925,000  
Net (decrease) increase in cash and cash equivalents 2,523,000 (19,628,000)  
Cash and cash equivalents at beginning of year 13,526,000 41,621,000 $ 41,621,000
Cash and cash equivalents at end of period 16,049,000 21,993,000 $ 13,526,000
Supplemental information:      
Interest paid 636,000 967,000  
Income tax paid 50,000 75,000  
Supplemental schedule of noncash investing and financing activities:      
Transfer of loans to other real estate owned 0 61,000  
Transfer of loans to repossessed vehicles $ 0 $ 1,000