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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash Flows From Operating Activities    
Net income $ 366 $ 1,830
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 998 792
Net amortization and accretion of securities 389 363
Amortization of subordinated debt issuance costs 10  
Provision for loan losses 1,597 611
Stock compensation expense 63 20
Deferred income tax (expense) benefit (490) 58
(Gain) loss on securities available-for-sale (42) 25
Increase in OREO valuation allowance 288 235
Loss on sale of other real estate 107 92
Loss (gain) on disposal of fixed assets 6 (137)
Mortgage servicing rights (62) (17)
Loan originations for sale to FNMA (14,317) (10,503)
Loan sales to FNMA 14,326 10,951
Gain on loans sold to FNMA (279) (252)
Increase in cash surrender value of life insurance (247) (219)
(Increase) decrease in accrued income and other assets (477) 246
Increase (decrease) in other liabilities 351 (92)
Net cash provided by operating activities 2,587 4,003
Cash Flows From Investing Activities    
Proceeds from maturities and principal paydowns of available-for-sale securities 4,051 4,529
Proceeds from sales and calls of available-for-sale securities 13,540 3,810
Purchase of bank owned life insurance   (2,000)
Purchases of available-for-sale securities (35,066) (11,542)
Purchases of restricted securities (301) (792)
(Increase) decrease in federal funds sold (152) 1
Loan (originations) and principal collections, net (49,958) (47,533)
Proceeds from sale of other real estate 805 371
Purchases of premises and equipment (1,185) (2,014)
Proceeds from the sale of premises and equipment   311
Net cash used in investing activities (68,266) (54,859)
Cash Flows From Financing Activities    
Increase in demand, savings, and other interest-bearing deposits 46,660 13,949
Net increase in time deposits 5,613 25,289
Repurchase of common stock (243)  
Net increase (decrease) in securities sold under repurchase agreements 1,149 (3,106)
Issuance of subordinated debt, net 6,834  
Increase in Federal Home Loan Bank advances 5,000 20,000
Net cash provided by financing activities 65,013 56,132
Net (decrease) increase in cash and due from banks (666) 5,276
Cash and due from banks at beginning of period 20,965 15,689
Cash and due from banks at end of period 20,299 20,965
Cash paid for:    
Interest 2,864 2,215
Income taxes 812 351
Non-cash investing and financing:    
Unrealized gain on investment securities 94 1,268
Change in fair value of pension and post-retirement obligation 125 (885)
Loans transferred to other real estate owned 460 197
Loans originated to facilitate sale of OREO 181 605
Changes in deferred taxes resulting from OCI transactions $ (74) $ (130)