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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 1,885 $ 925
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 307 298
Amortization of deferred loan fees (409) (264)
Net amortization of premiums and discounts 57 (76)
Reversal of provision for loan losses   (275)
Write-downs and losses on real estate acquired through foreclosure, net of gains 44 40
Gain on sale of mortgage loans (595) (535)
Proceeds from sale of mortgage loans held for sale 15,195 10,757
Originations of loans held for sale (15,873) (2,670)
Stock-based compensation 56 53
Increase in cash surrender value of bank-owned life insurance (40)  
Deferred income taxes 757 619
(Decrease) increase in accrued interest receivable 186 (13)
(Increase) decrease in other assets (328) 447
Decrease in accrued expenses and other liabilities (707) (1,541)
Net cash provided by operating activities 535 7,765
Cash flows from investing activities:    
Loan principal (disbursements), net of repayments (1,238) (76)
Redemption of restricted stock investments (355) 402
Purchases of premises and equipment, net (288) (60)
Activity in securities held to maturity:    
Maturities/calls/repayments 4,356 3,542
Activity in available-for-sale securities:    
Purchases (2,000) (7,176)
Maturities/calls/repayments 15 8
Proceeds from sales of real estate acquired through foreclosure 122 205
Net cash provided by (used in) investing activities 612 (3,155)
Cash flows from financing activities:    
Net (decrease) increase in deposits (12,312) 21,816
Net increase in short-term borrowings 8,000  
Additional long-term borrowings 5,000  
Repayments of long-term borrowings (5,000) (10,000)
Common stock dividends (367)  
Preferred stock dividends (70)  
Proceeds from common stock issuance 56 17
Net cash (used in) provided by financing activities (4,693) 11,833
(Decrease) increase in cash and cash equivalents (3,546) 16,443
Cash and cash equivalents at beginning of period 21,853 67,014
Cash and cash equivalents at end of period 18,307 83,457
Supplemental Information:    
Interest paid on deposits and borrowed funds 1,872 2,002
Income taxes paid $ 12 52
Real estate acquired in satisfaction of loans   $ 515