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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows from Operating Activities    
Net income $ 3,250 $ 2,862
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 247 252
Amortization of other assets 200 98
Origination of loans held for sale (4,129)  
Proceeds from sale of loans held for sale 4,298  
Net gains on sales of loans (478)  
Provision for Loan Losses 540 599
Loss on other real estate owned   10
(Gain) on the sale of securities   (76)
Stock-based compensation expense 195 147
Premium amortization on securities, net 185 383
(Increase) in cash surrender value (179) (105)
Changes in assets and liabilities:    
Decrease (increase) in other assets 29 (213)
(Decrease) in other liabilities (3,981) (76)
Net cash provided by operating activities 177 3,881
Cash Flows from Investing Activities    
Proceeds from maturities, calls, and principal payments of securities available for sale 11,140 17,485
Proceeds from the sale of securities available for sale 0 2,978
Purchases of securities available for sale (25,813) (32,356)
Purchases of restricted investments (150)  
Purchases of bank premises and equipment (331) (349)
Proceeds from the sale of other real estate owned   155
Proceeds from sales of loans 32,502  
Origination of loans net of principal collected (68,104) (38,629)
Net cash (used in) investing activities (50,756) (50,716)
Cash Flows from Financing Activities    
Net increase in noninterest bearing demand deposits, savings, and interest bearing demand deposits 54,999 55,631
Net (decrease) in time deposits (911) (740)
Issuance of subordinated debt, net of issuance costs 29,327  
Repurchase and retirement of common stock (117) (83)
Cash dividends paid (877) (743)
Net cash provided by financing activities 82,421 54,065
Increase in cash and cash equivalents 31,842 7,230
Cash and Cash Equivalents    
Beginning 64,068 79,920
Ending 95,910 87,150
Supplemental Disclosures of Cash Flow Information    
Interest 371 513
Supplemental Schedule of Noncash Investing and Financing Activities:    
Unrealized (loss) on securities available for sale (13,454) (2,775)
Other real estate and repossessed assets acquired in settlement of loans   73
Issuance of common stock, dividend investment plan $ 97 $ 181