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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Operating Activities    
Net income $ 3,224 $ 2,651
Items not requiring (providing) cash    
Depreciation and amortization 934 960
Amortization of intangible assets 66 119
Provision for loan losses 553 888
Provision for losses on foreclosed real estate 60 98
Amortization of premiums and discounts on securities-net 1 3
Gain on sale of available-for-sale securities (32) (27)
Amortization of mortgage servicing rights 13 15
Deferred income taxes (175) 120
Originations of loans held for sale (2,370) (1,530)
Proceeds from sale of loans held for sale 2,412 1,560
Net gains on sales of loans (42) (30)
Amortization of ESOP 196 191
Expense related to share based compensation plans 164 163
Loss (gain) on sale of real estate and other repossessed assets 12 (26)
Changes in    
Bank-owned life insurance (763) (236)
Accrued interest receivable 26 193
Other assets (864) (937)
Interest payable and other liabilities 860 7
Net cash provided by operating activities 4,275 4,182
Investing Activities    
Purchases of available-for-sale securities (56,997) (9,300)
Proceeds from maturities of available-for-sale securities 41,331 16,677
Proceeds from maturities of held-to-maturity securities 450 505
Proceeds from sale of available-for-sale securities 355 562
Net change in loans (14,382) (7,343)
Mandatory redemption of Federal Home Loan Bank stock 0 600
Purchases of premises and equipment (1,310) (309)
Proceeds from sales of foreclosed assets 710 730
Net cash (used in) provided by investing activities (29,843) 2,122
Financing Activities    
Net increase (decrease) in deposits 941 12,040
Repayments of Federal home Loan Bank advances (189) (272)
Net change in short term borrowings 593 (648)
Cash dividends paid (2,259) (1,773)
Treasury stock -net 19 39
Net cash (used in) provided by financing activities (895) 9,386
(Decrease) increase in Cash and Cash Equivalents (26,463) 15,690
Cash and Cash Equivalents, Beginning of Year 39,164 23,474
Cash and Cash Equivalents, End of Year 12,701 39,164
Supplemental Cash Flows Information    
Interest paid on deposits and borrowings 2,271 2,476
Federal income taxes paid 1,180 1,280
Supplemental Disclosure of Non-Cash Investing Activities    
Transfers from loans to foreclosed assets held for sale 0 261
Vesting of restricted stock 39 203
Unrealized (losses) gain on securities designated as available for sale, net of related tax effects $ (32) $ 476