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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income $ 2,707 $ 4,566
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 1,684 1,609
Provision for loan and lease losses 2,945 2,714
Deferred income tax provision 720 1,134
Net gain on sale and prepayment of investment securities (326) (92)
Stock-based compensation expense 421 360
Net amortization of securities 420 562
Amortization of intangible assets 415 487
Net loss on premises and equipment and other real estate 151 485
Changes in assets and liabilities:    
(Increase) decrease in accrued interest receivable (319) 328
Increase in other assets (1,414) (3,891)
(Decrease) increase in accrued interest expense (245) 113
(Decrease) increase in other liabilities (1,065) 2,940
Net cash provided by operating activities 6,094 11,315
Cash flows from investing activities:    
Net decrease (increase) in federal funds sold 9,995 (1,726)
Purchases of investment securities, available-for-sale (36,328) (9,094)
Proceeds from sales of investment securities, available-for-sale 12,203 14,271
Proceeds from maturities and prepayments of investment securities, available-for-sale 34,888 36,020
Proceeds from maturities and prepayments of investment securities, held-to-maturity 7,837 7,039
Net decrease (increase) in Federal Home Loan Bank stock 2 (434)
Proceeds from the sale of premises and equipment and other real estate 2,619 1,259
Net increase in loans (96,320) (34,430)
Purchases of premises and equipment (955) (3,184)
Net cash (used in) provided by investing activities (66,059) 9,721
Cash flows from financing activities:    
Net increase (decrease) in customer deposits 98,550 (21,063)
Net (decrease) increase in short-term borrowings (8) 9,498
Treasury stock repurchases (452) (1,478)
Dividends paid (740) (562)
Net cash provided by (used in) financing activities 97,350 (13,605)
Net increase in cash and cash equivalents 37,385 7,431
Cash and cash equivalents, beginning of period 57,030 49,599
Cash and cash equivalents, end of period $ 94,415 $ 57,030