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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES          
Net income $ 1,100 $ 2,232 $ 4,844 $ 5,885  
Adjustments to reconcile net income to net cash (used in) provided by operating activities:          
Depreciation and amortization     1,601 1,672  
Amortization of right of use lease asset     278 240  
Accretion related to acquisition, net     (52) (192)  
Provision for loan losses 300 0 900 1,013 $ 318
Gain on sale of securities, net (1) (286) (185) (312)  
Net amortization of securities     458 911  
Increase in loans held for sale, net     (12,065) (1,099)  
Net gain on disposal of premises and equipment 0 0 (818) 0  
Net gain on sale of other real estate owned (22) 0 (22) (2)  
Income from bank owned life insurance (207) (201) (630) (591)  
Stock compensation expense     199 161  
Deferred tax benefit     (1,032) 1,339  
Increase in other assets     (1,666) (516)  
Decrease in accrued expenses and other liabilities     (1,162) (578)  
Net cash (used in) provided by operating activities     (9,352) 7,931  
CASH FLOWS FROM INVESTING ACTIVITIES          
Purchases of available-for-sale securities     (44,173) (73,940)  
(Purchases of) proceeds from redemption restricted securities, net     (78) 502  
Proceeds from maturities and calls of available-for-sale securities     7,684 22,145  
Proceeds from sales of available-for-sale securities     9,385 47,749  
Paydowns on available-for-sale securities     8,914 8,779  
Net (increase) decrease in loans held for investment     (124,834) 32,796  
Proceeds from sales of other real estate owned     40 85  
Purchases of premises and equipment (96) (616) (758) (1,295)  
Proceeds from sale of premises and equipment     2,204 0  
Net cash (used in) provided by investing activities     (141,616) 36,821  
CASH FLOWS FROM FINANCING ACTIVITIES          
Increase in noninterest-bearing deposits     100,968 5,154  
Increase in savings deposits     86,575 12,263  
(Decrease) increase in time deposits     (25,976) 4,125  
Decrease in federal funds purchased, repurchase agreements and other borrowings, net     (5,621) (2,493)  
Increase in Federal Home Loan Bank advances     25,000 10,000  
Repayment of Federal Home Loan Bank advances     (23,500) (23,000)  
Increase in Federal Reserve Bank borrowings     37,515 0  
Repayment of Federal Reserve Bank borrowings     (175) 0  
Proceeds from ESPP issuance     70 60  
Cash dividends paid on common stock     (1,877) (1,871)  
Net cash provided by financing activities     192,979 4,238  
Net increase in cash and cash equivalents     42,011 48,990  
Cash and cash equivalents at beginning of period     89,865 42,217 42,217
Cash and cash equivalents at end of period $ 131,876 $ 91,207 131,876 91,207 $ 89,865
Cash payments for:          
Interest     4,353 4,708  
SUPPLEMENTAL SCHEDULE OF NONCASH TRANSACTIONS          
Unrealized gain on securities available-for-sale     4,915 3,572  
Loans transferred to other real estate owned     254 0  
Right of use lease asset and liability     $ 862 $ 751