XML 19 R8.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Net cash flow from operating activities $ 6,488 $ 4,193
Cash (deficit) flow from investing activities    
Purchases of available-for-sale securities (47,579) (16,478)
Proceeds from sale of available-for-sale securities 2,610 13,622
Proceeds from call, maturity and principal payments on available-for-sale securities 16,308 8,467
Purchases of regulatory stock (196) (254)
Net (increase) decrease in loans made to customers (15,425) 25,865
Purchases of bank-owned life insurance (3,000) (2,068)
Proceeds from bank-owned life insurance 0 403
Contributions to partnership funds (1,049) (1,827)
Purchases of premises and equipment (615) (2,196)
Net cash (deficit) flow from investing activities (48,946) 25,534
Cash flow (deficit) from financing activities    
Net increase (decrease) in deposit accounts 62,259 (17,291)
Net change in securities sold under agreements to repurchase (834) (899)
Net change in Federal Home Loan Bank advances - short term 7,000 (12,000)
Repayments of Federal Home Loan Bank advances - long term (6,000) (6,000)
Proceeds from Federal Home Loan Bank advances - long term 6,000 9,000
Dividends paid (1,995) (1,659)
Treasury shares purchased (3,154) (122)
Treasury shares reissued 0 60
Net cash flow (deficit) from financing activities 63,276 (28,911)
Net change in cash and cash equivalents 20,818 816
Cash and cash equivalents    
Beginning of period 27,815 19,692
End of period 48,633 20,508
Supplemental disclosures:    
Income taxes 800 0
Interest 3,196 3,914
Adoption of lease standard:    
Increase in ROU asset 0 2,061
Increase in lease liability $ 0 $ 2,061