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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities    
Net income $ 956 $ 802
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 292 273
Provision for loan losses 162 181
Amortization of premiums, net 158 74
Amortization of intangible assets and mortgage servicing rights 77 49
Realized gains on sales of available for sale securities, net 0 (2)
Net gains on sales of loans (6) 0
Net gains on foreclosed real estate 0 (9)
Loans originated for sale (1,791) 0
Proceeds from the sale of loans originated for sale 1,865 0
Stock compensation expense 55 46
Increase in bank-owned life insurance, net (83) (82)
Increase in accrued interest receivable (120) (211)
Decrease in prepaid expenses and other assets 168 180
Increase in accrued interest payable 14 41
Decrease in accrued expenses and other liabilities (435) (738)
Net cash provided by operating activities 1,312 604
Cash flows from investing activities    
Loan originations and principal collections, net (20,102) 2,641
Purchase of residential mortgage loans 0 (6,911)
Available for sale securities:    
Sales 0 3,679
Maturities, repayments and calls 3,821 2,066
Purchases (983) (3,906)
Redemption of federal bank stocks 235 1,191
Proceeds from the sale of foreclosed real estate 100 91
Purchases of premises and equipment (86) (83)
Net cash used in investing activities (17,015) (1,232)
Cash flows from financing activities    
Net increase in deposits 21,166 20,792
Net change in short-term borrowings (7,250) (14,250)
Dividends paid (581) (558)
Net cash provided by financing activities 13,335 5,984
Increase (decrease) in cash and cash equivalents (2,368) 5,356
Cash and cash equivalents at beginning of period 17,568 11,546
Cash and cash equivalents at end of period 15,200 16,902
Supplemental information:    
Interest paid 1,002 791
Supplemental noncash disclosure:    
Transfers from loans to foreclosed real estate $ 29 $ 86