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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Operating activities    
Net Income $ 5,269 $ 7,281
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 2,534 3,122
Depreciation 1,898 1,693
Stock compensation 192 192
Gain on sales of other real estate owned (645) (189)
Write-downs of other real estate owned 398 486
Gain on loan sales (75) (95)
Origination of loans held for sale (10,049) (9,024)
Proceeds from sale of loans held for sale 9,973 8,838
Loss on disposal of fixed assets (3) 9
Net gain on sales of investment securities - available-for-sale 49 (440)
Amortization of deferred loan fees (622) (494)
(Increase)/decrease in accrued interest receivable and other assets (7,848) (5,472)
Deferred tax expense 9,257 2,117
Increase/(decrease) in accrued interest payable and other liabilities 3,524 4,388
Earnings on bank owned life insurance (1,187) (1,426)
Net cash provided by operating activities 12,924 11,493
Investing activities    
Proceeds from maturities/calls of investment securities available-for-sale 17,878 38,387
Proceeds from maturities/calls of investment securities held-to-maturity 7,614 19,334
Proceeds from sales of investment securities available-for-sale 18,530 43,782
Purchases of investment securities available-for-sale (40,596) (54,585)
Purchases of investment securities held-to-maturity (4,188) (11,085)
Proceeds from sales of other real estate owned 3,076 2,614
Proceeds from disposal of fixed assets 945 260
Proceeds from BOLI death benefit 0 608
Net decrease in FHLB stock 5 695
Net increase in loans (4,359) (24,192)
Purchases of premises and equipment (6,561) (3,924)
Net cash provided by investing activities (7,656) 11,894
Financing activities    
Net increase in deposits 25,161 15,435
Preferred stock dividends paid (1,215) (2,025)
Preferred stock redemption (20,000) (10,000)
Proceeds from issuance of common stock 9,191 0
Net increase/(decrease) in short-term borrowings 12,845 172
Payments on long-term borrowings (10,808) (15,800)
Net cash used in financing activities 15,174 (12,218)
Increase in cash and cash equivalents 20,442 11,169
Cash and cash equivalents at beginning of the year 63,310 52,141
Cash and cash equivalents at end of period 83,752 63,310
Supplemental information    
Interest paid 7,298 8,321
Taxes paid 175 540
Non-cash investing activities:    
Transfers from loans to other real estate owned 2,060 6,938
Available-for-sale Securities [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization of investment securities discounts and premiums 148 365
Held-to-maturity Securities [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization of investment securities discounts and premiums $ 111 $ 142