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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 7,860 $ 4,919
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,220 2,469
Amortization of right of use lease asset 319 0
Accretion related to acquisition, net (239) (341)
Provision for loan losses 318 2,861
Gain on sale of securities, net (314) (120)
Net amortization of securities 1,103 1,687
(Increase) decrease in loans held for sale, net (111) 300
Net loss on disposal of premises and equipment 82 9
Net (gain) loss on write-down/sale of other real estate owned (2) 86
Income from bank owned life insurance (784) (782)
Stock compensation expense 224 160
Deferred tax benefit 352 (164)
Increase in other assets 1,967 338
(Increase) decrease in accrued expenses and other liabilities (625) 732
Net cash provided by operating activities 12,370 12,154
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of available-for-sale securities (103,036) (26,002)
Proceeds from redemption of restricted securities, net 927 270
Proceeds from maturities and calls of available-for-sale securities 29,725 10,990
Proceeds from sales of available-for-sale securities 65,699 12,536
Paydowns on available-for-sale securities 11,984 10,183
Proceeds from sale of loans held for investment 0 8,746
Net decrease (increase) in loans held for investment 25,529 (3,568)
Proceeds from sales of other real estate owned 85 210
Purchases of premises and equipment (1,782) (478)
Cash paid in acquisition 0 (3,164)
Cash acquired in acquisition 0 2,304
Net cash provided by investing activities 29,131 12,027
CASH FLOWS FROM FINANCING ACTIVITIES    
Increase in noninterest-bearing deposits 16,293 14,236
Increase in savings deposits 31,105 15,487
Decrease in time deposits (917) (14,056)
Decrease in federal funds purchased, repurchase agreements and other borrowings, net (14,923) (2,368)
Increase in Federal Home Loan Bank advances 10,000 140,500
Repayment of Federal Home Loan Bank advances (33,000) (148,000)
Proceeds from ESPP issuance 85 87
Cash dividends paid on common stock (2,496) (2,262)
Net cash provided by (used in) financing activities 6,147 3,624
Net increase in cash and cash equivalents 47,648 27,805
Cash and cash equivalents at beginning of period 42,217 14,412
Cash and cash equivalents at end of period 89,865 42,217
Cash payments for:    
Interest 6,396 4,735
SUPPLEMENTAL SCHEDULE OF NONCASH TRANSACTIONS    
Unrealized gain (loss) on securities available-for-sale 2,629 (1,560)
Loans transferred to other real estate owned 0 203
Former bank property transferred from fixed assets to held for sale assets 906 0
Right of use lease asset and liability 751 0
TRANSACTIONS RELATED TO ACQUISITIONS    
Assets acquired 0 50,406
Liabilities assumed 0 44,324
Common stock issued in acquisition $ 0 $ 3,947