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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 5,152 $ 4,732
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 1,401 825
Depreciation and amortization 1,132 1,230
Discount accretion on debt securities (18) (16)
Stock-based compensation expense 590 178
Deferred income tax expense 2,783 2,438
Losses on disposals of premises and equipment   2
Gains on sales of other real estate owned (3) (2)
Write-downs of other real estate owned 161 73
Net changes in:    
Accrued interest receivable (190) (123)
Other assets (2,123) 272
Accrued interest payable (20) (20)
Other liabilities (1,992) (614)
Net cash provided by operating activities 6,873 8,975
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities and principal payments of investment securities available for sale 20,007 26,092
Purchases of investment securities available for sale (56,124) (8,143)
Proceeds from maturities and principal payments of investment securities held to maturity 304 192
Net change in loans (41,323) (26,750)
Purchases of premises and equipment (933) (317)
Proceeds from sales of other real estate owned 125 2,284
Cash received in branch acquisition (net of cash paid) 64,045  
Net cash used in investing activities (13,899) (6,642)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Noninterest-bearing deposits 15,301 1,928
Interest-bearing deposits (28,988) (16,297)
Short-term borrowings 122 197
Proceeds from the issuance of common stock   3
Common stock dividends paid (1,268) (758)
Net cash used in financing activities (14,833) (14,927)
Net decrease in cash and cash equivalents (21,859) (12,594)
Cash and cash equivalents at beginning of period 75,938 73,811
Cash and cash equivalents at end of period 54,079 61,217
Supplemental cash flows information:    
Interest paid 1,083 1,303
Income taxes paid 2,000 523
Change in unrealized (gains) on securities available for sale (380) $ (1,893)
Tangible assets acquired (net of cash received) 129,188  
Identifiable intangible assets acquired 3,954  
Liabilities assumed $ 212,463