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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 255 $ 316
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion of premises and equipment 319 267
Provision for loan losses 360 195
Deferred income taxes, net   (42)
Gain on life insurance (207)  
Decrease (increase) in cash surrender value of bank owned life insurance 424 (49)
Reclassification adjustment for stranded income tax effects in accumulated other comprehensive income    
Decrease in ground rents 3 5
Decrease (increase) in accrued interest receivable (49) 19
Net decrease (increase) in other assets 234 611
Net (increase) decrease in accrued expenses and other liabilities (175) (371)
Net cash provided by operating activities 1,164 951
Cash flows from investing activities:    
Redemptions and maturities of investment securities available for sale 2,663 4,779
Purchases of investment securities available for sale (5,440) (1,310)
Net (redemption) purchase of Federal Home Loan Bank stock 2 2
Net increase in loans (4,138) (4,726)
Purchases of premises and equipment (19) (89)
Net cash (used in) provided by investing activities (6,932) (1,344)
Cash flows from financing activities:    
Net increase (decrease) in deposits 1,932 7,341
Increase in short term borrowings   20,000
Decrease in long term borrowings   (20,000)
Cash dividends paid (279) (278)
Common stock dividends reinvested 38 38
Net cash provided by (used in) financing activities 1,691 7,101
Net increase (decrease) in cash and cash equivalents (4,077) 6,708
Cash and cash equivalents at beginning of year 12,605 10,622
Cash and cash equivalents at end of year 8,528 17,330
Supplemental Disclosures of Cash Flow Information:    
Interest paid on deposits and borrowings 441 494
Income taxes refunded (583)  
Net (increase) decrease in unrealized depreciation on available for sale securities $ (1,198) $ 69