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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities    
Net income $ 1,954 $ 801
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 276 287
Right of use asset amortization 93 85
Provision for credit losses 284 118
Loss on sale of securities available for sale 51 91
Gain on sale of premises and equipment (37)  
Gain on sale of mortgage loans (109) (386)
Realized/unrealized (gain) loss on equity securities (34) 9
Net amortization of premium on investment securities available for sale 474 733
Net amortization of premium on investment securities held to maturity 35 37
Amortization of loan servicing rights 293 336
Originations and purchases of mortgage loans for sale (13,703) (41,137)
Proceeds from sales of mortgage loans for sale 12,497 51,297
Mortgage banking derivatives (383) (266)
Loan servicing assets (107) (493)
Accrued interest receivable (204) (177)
Prepaid assets (504) (211)
Cash surrender value of life insurance (34) (29)
Miscellaneous other assets (64) (284)
Accrued interest payable 86 61
Miscellaneous other liabilities 741 650
Net cash provided by operating activities 1,605 11,522
Cash flows from investing activities    
Proceeds from sales of investment securities available for sale 6,793 8,398
Proceeds from maturities, calls and paydowns of securities available for sale 6,656 9,007
Proceeds from maturities, calls and paydowns of securities held to maturity 1,044 42
Purchase of investment securities available for sale (14,530) (28,391)
Purchase of investments in other assets (61) (172)
Net change in restricted stock (40) (507)
Net increase in loans (19,039) (25,133)
Purchase of premises and equipment (160) (82)
Proceeds from sale of premises and equipment 38  
Net cash used by investing activities (19,299) (36,838)
Cash flows from financing activities    
Net increase in deposit accounts 20,942 46,746
Net increase (decrease) in federal funds purchased and other short-term borrowings (62) 263
Repayment of long-term borrowings (250)  
Repurchase of common stock, net   (254)
Dividends paid on preferred stock (noncontrolling interest) (139) (139)
Net cash provided by financing activities 20,491 46,616
Increase in cash and cash equivalents 2,797 21,300
Cash and cash equivalents, beginning of period 114,581 94,410
Cash and cash equivalents, end of period 117,378 115,710
Supplemental disclosures of cash flow information    
Interest paid 2,352 432
Supplemental schedule of non-cash activities    
Net change in fair value of securities available for sale, net of tax (4,546) $ (14,037)
Loans transferred to foreclosed real estate $ 142