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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities    
Net income $ 3,986 $ 4,154
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 1,133 1,039
Provision for loan losses 464 381
Amortization/accretion of premiums, discounts and deferred costs and fees, net 434 362
Amortization of intangible assets and mortgage servicing rights 246 196
Realized gains on sales of available for sale securities, net (82) (854)
Net gains on sales of loans (119) 0
Net gains on foreclosed real estate (22) (15)
Net loss on sales of bank premises and equipment 10 0
Loans originated for sale (2,224) 0
Proceeds from the sale of loans originated for sale 2,198 0
Write-down of foreclosed real estate 0 13
Restricted stock and stock option compensation 205 184
Increase in bank-owned life insurance, net (334) (328)
(Increase) decrease in accrued interest receivable (127) 42
(Increase) decrease in deferred taxes 203 1,146
(Increase) decrease in prepaid expenses and other assets (141) (3,619)
Increase (decrease) in accrued interest payable 31 (20)
Increase (decrease) in accrued expenses and other liabilities (201) 738
Net cash provided by operating activities 5,660 3,419
Cash flows from investing activities    
Loan originations and principal collections, net (15,466) (27,836)
Purchase of residential mortgage loans (6,911) (19,481)
Proceeds from sales of loans held for sale previously classified as portfolio loans 1,739 0
Settlement of syndicated national credits 0 (7,039)
Available for sale securities:    
Sales 6,618 36,314
Maturities, repayments and calls 22,790 27,873
Purchases (18,522) (27,117)
Net cash paid for acquisition (3,309) 0
Redemption (purchase) of federal bank stocks, net 357 (1,834)
Purchases of premises and equipment (2,142) (2,009)
Proceeds from the sale of foreclosed real estate 333 307
Net cash used in investing activities (14,513) (20,822)
Cash flows from financing activities    
Net increase (decrease) in deposits 22,353 (11,932)
Proceeds from long-term debt 5,000 20,000
Repayments on long-term debt (5,500) 0
Net change in short-term borrowings (4,750) 7,750
Proceeds from issuance of common stock 4 8,151
Redemption of preferred stock (Series B) 0 (5,000)
Proceeds from exercise of stock options, including tax benefit 0 81
Dividends paid (2,232) (1,957)
Net cash provided by financing activities 14,875 17,093
Net increase (decrease) in cash and cash equivalents 6,022 (310)
Cash and cash equivalents at beginning of period 11,546 11,856
Cash and cash equivalents at end of period 17,568 11,546
Supplemental information:    
Interest paid 3,885 2,855
Income taxes paid 600 525
Supplemental noncash disclosures:    
Transfers from loans to foreclosed real estate 442 341
Transfers from portfolio loans to loans held for sale $ 1,662 $ 0