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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,611 $ 3,490
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 500 215
Depreciation and amortization 481 542
Amortization of investment security premiums and accretion of discounts, net 306 298
Amortization of deferred loan costs 187 148
Amortization of core deposit intangible 43 51
Accretion of unfavorable lease liability (17) (17)
Stock based compensation 26 166
Net gains on sales of investment securities (255)  
Deferred gain on sale of premises (129) (129)
Equity in losses of real estate limited partnerships, net 378 393
Increase in cash surrender value of bank owned life insurance (47) (55)
Changes in assets and liabilities:    
Net change in interest receivable (363) (511)
Net change in other assets (3,656) 347
Net change in interest payable 13 (16)
Net change in other liabilities 2,557 861
Net cash provided by operating activities 3,635 5,783
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of investment securities available for sale 38,635  
Proceeds from maturities of investment securities available for sale 7,356 8,487
Proceeds from maturities of investment securities held to maturity 4,801 4,412
Net purchases of Federal Home Loan Bank stock (2,068) (66)
Purchases of investment securities available for sale   (15,277)
Loan originations in excess of principal payments (28,734) (7,543)
Real estate limited partnership investments (1,582) (513)
Purchases of bank premises and equipment   (44)
Net cash provided by (used in) investing activities 18,408 (10,544)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in deposits (15,794) (24,651)
Net increase in short-term borrowings 35,000  
Net decrease in securities sold under agreement to repurchase (62,536) (37,636)
Principal payments on long-term debt (21) (522)
Cash dividends paid (1,933) (1,920)
Proceeds from the exercise of stock warrants 390  
Increase (decrease) in deferred compensation arrangements 71 (53)
Cash payments to taxing authorities on employees' behalf from shares withheld from stock-based compensation (411)  
Net cash used in financing activities (45,234) (64,782)
Decrease in cash and cash equivalents (23,191) (69,543)
Cash and cash equivalents beginning of period 82,953 150,183
Cash and cash equivalents end of period 59,762 80,640
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Total interest payments 1,176 1,166
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Distribution of stock under deferred compensation arrangements 627 $ 559
Non-cash exercise of stock options and warrants $ 348