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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 1,998 $ 2,138
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 250 0
Depreciation expense 485 452
Net amortization of investment securities, premiums, and discounts 365 291
Stock based compensation expense 5 4
Change in fair value of mortgage servicing rights 155 219
Gain on sale of investment securities (472) 0
Gain on sales and dispositions of premises and equipment (6) (10)
Gain on sales and dispositions of other real estate and repossessed assets (49) (140)
Provision for other real estate owned 38 6
Decrease in accrued interest receivable 343 521
Increase in cash surrender value -life insurance (13) (18)
Decrease in other assets 364 1,078
(Decrease) increase in accrued interest payable (3) 3
Increase in other liabilities 619 400
Origination of mortgage loans for sale (7,707) (14,876)
Proceeds from the sale of mortgage loans 7,435 11,947
Gain on sale of mortgage loans, net (165) (346)
Other, net (52) (44)
Net cash provided by operating activities 3,590 1,625
Cash flows from investing activities:    
Net (increase) decrease in loans (10,760) 1,340
Purchase of available-for-sale debt securities (66,459) (52,626)
Proceeds from maturities of available-for-sale debt securities 9,120 7,282
Proceeds from calls of available-for-sale debt securities 4,175 9,875
Proceeds from sales of available-for-sale debt securities 44,087 0
Proceeds from sales of FHLB stock 0 120
Purchases of FHLB stock (43) (35)
Purchases of premises and equipment (248) (253)
Proceeds from sales of premises and equipment 6 10
Proceeds from sales of other real estate and foreclosed assets 1,274 883
Net cash used in investing activities (18,848) (33,404)
Cash flows from financing activities:    
Net increase (decrease) in demand deposits 8,851 (8,045)
Net increase in interest-bearing transaction accounts 44,679 32,348
Net decrease in time deposits (8,167) (706)
Net (decrease) increase in federal funds purchased and securities sold under agreements to repurchase (15,311) 4,393
Repayment of FHLB advances 0 (8,000)
FHLB advances 0 5,000
Purchase of treasury stock (129) 0
Cash dividends paid - common stock (271) (262)
Net cash provided by financing activities 29,652 24,728
Net increase (decrease) in cash and cash equivalents 14,394 (7,051)
Cash and cash equivalents, beginning of period 28,377 42,809
Cash and cash equivalents, end of period 42,771 35,758
Cash paid during the year for:    
Interest 1,332 1,219
Income taxes 430 14
Noncash investing activities:    
Other real estate and repossessed assets acquired in settlement of loans $ 742 $ 605