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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities    
Net income $ 1,499 $ 1,200
Items not requiring (providing) cash    
Amortization (accretion) of premiums and discounts on securities, net 0 2
Depreciation and amortization 479 490
Amortization of intangible asset 59 59
Gain on sale of available-for-sale securities (31) 0
Expense related to share based compensation plans 91 83
Expense related to ESOP 94 96
Provision for loan losses 261 432
Provision for losses on foreclosed real estate 0 162
Gain on sale of loans (29) (16)
Proceeds from sale of loans 1,967 921
Loans originated for sale (1,938) (905)
(Gain) loss on sale of foreclosed assets (2) 5
Amortization of mortgage servicing rights 7 9
Net change in accrued interest receivable and other assets 144 (619)
Increase in value of bank-owned life insurance (176) (44)
Net change in accrued expenses and other liabilities (348) (607)
Changes in    
Net cash provided by operating activities 2,077 1,268
Securities available for sale:    
Maturities, prepayments and calls 11,342 5,458
Purchases (31,983) (3,000)
Securities held to maturity:    
Maturities, prepayments and calls 215 119
Proceeds from sale of available-for-sale securities 383 0
Net change in loans 3,839 (5,910)
Mandatory redemption of Federal Home Loan Bank Stock 0 600
Purchase of insurance product (2,500)  
Purchases of premises and equipment (920) (196)
Proceeds from sale of foreclosed assets 35 458
Net cash used in investing activities (19,589) (2,471)
Financing Activities    
Net change in deposits 761 8,912
Net change in short-term borrowings 3,930 831
Repayments of long-term borrowings (84) (151)
Treasury stock activity 0 14
Cash dividends paid on common stock (968) (860)
Net cash provided by financing activities 3,639 8,746
(Decrease) increase in Cash and Cash Equivalents (13,873) 7,543
Cash and Cash Equivalents, Beginning of Period 39,164 23,474
Cash and Cash Equivalents, End of Period 25,291 31,017
Supplemental Cash Flows Information    
Interest paid on deposits and borrowings 1,171 1,356
Federal income taxes paid 471 580
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Transfers from loans to foreclosed assets held for sale 0 195
Vesting of restricted stock $ 39 $ 203