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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities    
Net income $ 1,997 $ 1,732
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 578 550
Provision for loan losses 363 302
Amortization of premiums, net 174 176
Amortization of intangible assets and mortgage servicing rights 143 115
Impairment loss on security recognized in earnings 508 0
Realized gains on sales of available for sale securities, net (350) (83)
Net gains on sales of loans (130) 0
Net gains on foreclosed real estate 0 (10)
Loans originated for sale (3,265) 0
Proceeds from the sale of loans originated for sale 3,371 0
Stock compensation expense 110 111
Increase in bank-owned life insurance, net (165) (165)
Increase in accrued interest receivable (12) (102)
Decrease in prepaid expenses and other assets 332 75
Increase in accrued interest payable 120 46
Increase (decrease) in accrued expenses and other liabilities 302 (702)
Net cash provided by operating activities 4,076 2,045
Cash flows from investing activities    
Loan originations and principal collections, net (32,600) 3,604
Purchase of residential mortgage loans 0 (6,911)
Proceeds from sales of loans held for sale previously classified as portfolio loans 1,817 0
Available for sale securities:    
Sales 18,195 6,118
Maturities, repayments and calls 5,850 11,060
Purchases (21,939) (8,258)
Net cash paid for acquisition 0 (3,309)
Redemption (purchase) of federal bank stocks (1) 1,454
Proceeds from the sale of foreclosed real estate 124 171
Purchases of premises and equipment (204) (392)
Net cash provided by (used in) investing activities (28,758) 3,537
Cash flows from financing activities    
Net increase in deposits 44,234 34,299
Repayments on long-term debt (500) (5,000)
Proceeds from other long-term debt 5,000 5,000
Net change in short-term borrowings (7,000) (11,750)
Proceeds from exercise of stock options 1,263 0
Dividends paid (1,168) (1,116)
Net cash provided by financing activities 41,829 21,433
Increase in cash and cash equivalents 17,147 27,015
Cash and cash equivalents at beginning of period 17,568 11,546
Cash and cash equivalents at end of period 34,715 38,561
Supplemental information:    
Interest paid 1,964 942
Income taxes paid 575 0
Supplemental noncash disclosure:    
Transfers from loans to foreclosed real estate 39 147
Transfers from portfolio loans to loans held for sale $ 1,725 $ 0