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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities:    
Net Income $ 3,783 $ 4,339
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan and lease losses 125 225
Depreciation 1,000 715
Amortization of intangibles 496 53
Net amortization (accretion) of security discounts/premiums 451 (742)
Gain on sales of investment securities (102) (20)
Earnings on cash surrender value of life insurance (129) (131)
Mortgage loans originated for sale (22,596) (23,234)
Proceeds from sales of mortgage loans originated for sale 22,812 23,240
Gain on sale of mortgage loans (361) (416)
SBA loans originated for sale (5,056) (5,605)
Proceeds from sales of SBA loans originated for sale 5,465 6,046
Gain on sale of SBA loans (409) (441)
Loss on disposal of property, plant, and equipment 64 26
Loss on sale or write-down of foreclosed assets 3 88
Stock compensation expense 113 37
Deferred income tax benefit (expense) 1,981 (65)
Decrease (increase) in accrued interest receivable 181 (63)
Increase in other assets (1,242) (193)
Increase in accrued interest payable 525 273
(Decrease) increase in other liabilities (2,186) 381
Net Cash Provided By Operating Activities 4,918 4,513
Investing Activities:    
Proceeds from the sale of available-for-sale securities 102,816 37,667
Proceeds from the maturity or call of available-for-sale securities 5,654 3,579
Purchases of available-for-sale securities (21,533) (13,827)
Proceeds from the maturity or call of held-to-maturity securities 11,625  
Purchases of held-to-maturity securities (57,850) (72,684)
Net cash received from acquisition 65,025  
Redemptions (purchases) of restricted investment in bank stock 1,716 (1,542)
Net increase in loans and leases (55,732) (48,078)
Proceeds from the sale of bank premises and equipment held for sale   2,201
Purchases of bank premises and equipment (7,305) (1,164)
Proceeds from the sale of foreclosed assets 169 136
Net Cash Provided by (Used In) Investing Activities 44,585 (93,712)
Financing Activities:    
Net increase in deposits 2,969 52,095
Net (decrease) increase in short-term borrowings (34,611) 21,468
Common stock dividends paid (1,978) (1,101)
Long-term debt repayment (107) (109)
Net Cash (Used In) Provided By Financing Activities (33,610) 72,405
Net increase (decrease) in cash and cash equivalents 15,893 (16,794)
Cash and cash equivalents, beginning of period 23,514 45,973
Cash and cash equivalents, end of period 39,407 29,179
Supplemental Disclosures of Cash Flow Information:    
Interest paid 3,867 2,580
Income taxes paid 1,425 2,190
Supplemental Noncash Disclosures:    
Loan transfers to foreclosed assets held for sale 884  
Assets Acquired:    
Securities 114,039  
Loans 70,769  
Restricted stock 97  
Property and equipment 1,496  
Foreclosed assets 11  
Deferred income taxes 1,050  
Accrued interest receivable 989  
Core deposit intangible 4,940  
Other assets 266  
Assets acquired 193,657  
Liabilities Assumed:    
Deposits 209,981  
Accrued interest payable 16  
Other liabilities 3,693  
Liabilities assumed 213,690  
Employee [Member]    
Financing Activities:    
Stock Purchase Plan 56 $ 52
Director [Member]    
Financing Activities:    
Stock Purchase Plan $ 61