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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income $ 5,908 $ 7,657 $ 8,465
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 4,580 1,680 2,400
Depreciation 551 572 594
Amortization of intangible assets 105 121 137
Deferred income taxes (387) (51) 140
Net amortization of securities premiums and discounts 936 860 1,057
Net realized gains on sales of securities (626) (1,170) (881)
Earnings and proceeds on life insurance policies (665) (685) (617)
Loss on sales of fixed assets and foreclosed real estate owned 427 920 347
Net gain on sale of mortgage loans (113) (150) (112)
Mortgage loans originated for sale (4,297) (4,269) (3,986)
Proceeds from sale of mortgage loans originated for sale 4,410 4,419 4,053
Compensation expense related to stock options 66 154 162
Compensation expense related to restricted stock 55 0 0
(Increase) decrease in accrued interest receivable and other assets 113 238 759
(Decrease) increase in accrued interest payable and other liabilities (565) 235 173
Net cash provided by operating activities 10,498 10,531 12,691
CASH FLOWS FROM INVESTING ACTIVITIES      
Securities available for sale: Proceeds from sales 44,976 66,263 42,348
Securities available for sale: Proceeds from maturities and principal reductions on mortgage-backed securities 22,853 14,859 21,142
Securities available for sale: Purchases (50,565) (74,426) (84,589)
Proceeds from maturities on securities held-to-maturity 0 175 0
Purchase of regulatory stock (4,095) (1,963) (741)
Redemption of regulatory stock 2,397 3,126 494
Net increase in loans (65,830) (4,270) (29,515)
Proceeds from bank-owned life insurance 0 75 1,089
Purchase of bank-owned life insurance 0 0 (3,000)
Purchase of premises and equipment (290) (193) (393)
Proceeds from sales of foreclosed real estate owned and fixed assets 4,310 1,045 508
Net cash (used in) provided by investing activities (46,244) 4,691 (52,657)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net (decrease) increase in deposits (9,035) 18,762 16,757
Net increase (decrease) in short-term borrowings 27,540 (24,219) 21,217
Repayments of other borrowings (10,074) (1,561) (5,726)
Proceeds from other borrowings 29,000 0 7,000
Stock options exercised 441 691 575
Tax benefit of stock options exercised 16 17 39
ESOP purchase of shares from treasury stock 146 150 146
Purchase of treasury stock (127) (179) (319)
Cash dividends paid (4,527) (4,370) (4,155)
Net cash provided by (used in) financing activities 33,380 (10,709) 35,534
Net (Decrease) increase in cash and cash equivalents (2,366) 4,513 (4,432)
CASH AND CASH EQUIVALENTS - BEGINNING 12,376 7,863 12,295
CASH AND CASH EQUIVALENTS - ENDING 10,010 12,376 7,863
Supplemental Disclosure of Cash Flow Information      
Cash payments for: Interest paid 3,267 3,264 3,818
Cash payments for: Income taxes paid, net of refunds 2,315 2,645 2,417
Supplemental Schedule of Noncash Investing Activities      
Transfers of loans to foreclosed real estate and repossession of other assets 3,880 4,704 1,012
Dividends payable $ 1,147 $ 1,100 $ 1,093