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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net income (loss) $ 61 $ 8,950
Adjustments to reconcile net income to net cash provided by operations:    
Depreciation/amortization 1,386 1,309
Net amortization of premiums on securities 390 132
Amortization of deferred loan origination fees and costs (1,236) (630)
Net amortization of operating lease right of use assets 336 334
Net amortization of finance lease right of use assets 24 34
Net change in operating lease liabilities (345) (293)
Provision for loan losses 11,985 2,250
Provision for losses on foreclosured real estate 18 0
Increase in bank owned life insurance (565) (659)
Originations of mortgage loans held for sale (28,865) (16,807)
Originations of SBA loans held for sale (872) (5,430)
Proceeds from sales of mortgage loans held for sale 24,663 15,835
Proceeds from sales of SBA loans held for sale 140 2,311
Gain on sales of mortgage loans held for sale (843) (355)
Gain on sales of SBA loans held for sale (9) (182)
Gain on disposal of premises and equipment 0 (15)
(Gain) loss on sales of securities, available-for-sale (65) 3
(Gain) loss on sales of foreclosed real estate (214) 3
Stock-based compensation 250 253
(Increase) decrease in interest receivable (1,519) 334
(Increase) in other assets (245) (476)
(Decrease) increase in interest payable (225) 47
Increase in other liabilities 98 1,367
Net cash provided by operating activities 4,348 8,315
Cash flows from investing activities    
Purchases of securities, available-for-sale (43,705) (21,669)
Maturities, repayments and calls of securities, available-for-sale 21,679 11,386
Sales of securities, available-for-sale 26,288 9,777
Net decrease in restricted investment in bank stock 1,958 1,371
Net (increase) decrease in loans made to customers (106,892) 12,212
Purchases of premises and equipment (1,758) (2,270)
Investment in bank owned life insurance 0 (6,600)
Proceeds from sales of foreclosed real estate 1,011 16
Net cash (used in) provided by investing activities (101,419) 4,223
Cash flows from financing activities    
Net increase (decrease) in demand and savings deposits 211,867 (18,729)
Net increase in time deposits 5,211 56,544
Net increase in short-term borrowings 1,551 2,964
Repayment of long-term debt (35,000) (20,000)
Net change in finance lease liabilities (12) (21)
Cash dividends paid to shareholders (3,123) (3,025)
Payment of taxes related to stock withheld (2) 0
Treasury stock reissued 89 88
Treasury stock purchased (87) (762)
Issuance of stock 347 201
Net cash provided by financing activities 180,841 17,260
Net increase in cash and cash equivalents 83,770 29,798
Cash and cash equivalents at beginning of year 131,591 96,782
Cash and cash equivalents at end of period $ 215,361 $ 126,580