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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities    
Net income $ 4,277 $ 3,986
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 1,163 1,133
Provision for loan losses 903 464
Amortization/accretion of premiums, discounts and deferred costs and fees, net 488 434
Amortization of intangible assets and mortgage servicing rights 295 246
Securities impairment loss recognized in earnings 508 0
Realized gains on sales of available for sale securities, net (346) (82)
Net gains on sales of loans (248) (119)
Net gains on foreclosed real estate (32) (22)
Net loss on sales of bank premises and equipment 16 10
Loans originated for sale (5,783) (2,224)
Proceeds from the sale of loans originated for sale 6,007 2,198
Gain on bargain purchase (1,316) 0
Restricted stock and stock option compensation 230 205
Increase in bank-owned life insurance, net (334) (334)
Increase in accrued interest receivable (299) (127)
Decrease in deferred taxes 691 203
(Increase) decrease in prepaid expenses and other assets 1,055 (141)
Increase in accrued interest payable 168 31
Increase (decrease) in accrued expenses and other liabilities 771 (201)
Net cash provided by operating activities 8,214 5,660
Cash flows from investing activities    
Loan originations and principal collections, net (47,231) (15,466)
Purchase of residential mortgage loans 0 (6,911)
Proceeds from sales of loans held for sale previously classified as portfolio loans 1,790 1,739
Available for sale securities:    
Sales 18,360 6,618
Maturities, repayments and calls 11,453 22,790
Purchases (29,474) (18,522)
Net cash received (paid) for acquisition 2,517 (3,309)
Redemption of federal bank stocks, net 210 357
Proceeds from the sale of bank premises and equipment 5 0
Purchases of premises and equipment (204) (2,142)
Proceeds from the sale of foreclosed real estate 210 333
Net cash used in investing activities (42,364) (14,513)
Cash flows from financing activities    
Net increase in deposits 49,955 22,353
Proceeds from long-term debt 5,000 5,000
Repayments on long-term debt (16,000) (5,500)
Net change in short-term borrowings (7,000) (4,750)
Proceeds from issuance of common stock 0 4
Proceeds from exercise of stock options 1,375 0
Dividends paid (2,374) (2,232)
Net cash provided by financing activities 30,956 14,875
Net increase (decrease) in cash and cash equivalents (3,194) 6,022
Cash and cash equivalents at beginning of period 17,568 11,546
Cash and cash equivalents at end of period 14,374 17,568
Supplemental information:    
Interest paid 4,319 3,885
Income taxes paid 1,325 600
Supplemental noncash disclosures:    
Transfers from loans to foreclosed real estate 379 442
Transfers from portfolio loans to loans held for sale $ 2,202 $ 1,662