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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:          
Net income $ 3,412 $ 2,411 $ 8,564 $ 7,143  
Adjustments to reconcile net income to net cash provided by operating activities:          
Net accretion of acquisition accounting estimates     (347)    
Provision for credit losses 345 605 1,746 1,430  
Depreciation and amortization     1,195 1,856  
Net amortization of securities     612 (17)  
Stock-based compensation expense     748 262  
Deferred income tax expense     3,075 4,008  
(Gains) on sales of securities (5) (30) (5) (31)  
Losses on disposals of premises and equipment     2    
(Gains) losses on sales of other real estate owned     (3) 125  
Write-downs of other real estate owned     296 75  
Net changes in:          
Accrued interest receivable     (447) (15)  
Other assets     (2,236) (1,602)  
Accrued interest payable     (15) (32)  
Other liabilities     543 (272)  
Net cash provided by operating activities     13,728 12,930  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Proceeds from maturities and principal payments of investment securities available for sale     35,957 47,373  
Proceeds from sales of securities available for sale       3,961  
Purchases of investment securities available for sale     (84,495) (12,142)  
Proceeds from maturities and principal payments of investment securities held to maturity     479 376  
Net change in loans     (53,834) (68,171)  
Purchases of premises and equipment     (1,035) (542)  
Proceeds from sales of other real estate owned     470 3,454  
Cash received in branch acquisition (net of cash paid)     64,045    
Net cash used in investing activities     (38,413) (25,691)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Noninterest-bearing deposits     29,883 26,874  
Interest-bearing deposits     (33,584) (10,042)  
Short-term borrowings     (1,734) (1,672)  
Proceeds from the issuance of common stock       53  
Common stock dividends paid     (1,902) (1,138)  
Net cash (used in) provided by financing activities     (7,337) 14,075  
Net (decrease) increase in cash and cash equivalents     (32,022) 1,314  
Cash and cash equivalents at beginning of period     75,938 73,811 $ 73,811
Cash and cash equivalents at end of period $ 43,916 $ 75,125 43,916 $ 75,125 75,938
Supplemental cash flows information:          
Interest paid     1,738   1,895
Income taxes paid     2,000   588
Transfers from loans to other real estate owned     95   1,599
Change in unrealized (gains) on securities available for sale     1,550   $ 2,596
Amortization of unrealized loss on securities transferred from available for sale to held to maturity     23    
Tangible assets acquired (net of cash received)     129,188    
Identifiable intangible assets acquired     3,954    
Liabilities assumed     $ 212,463