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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 3,754 $ 4,058
Adjustments to reconcile net income to net cash provided by operating activities:    
Net accretion of acquisition accounting estimates (145) (134)
Provision for credit losses 100 489
Depreciation and amortization 506 450
Net amortization of securities 127 181
Stock-based compensation expense 63 143
Deferred income tax (benefit) expense (143) 265
Losses (gains) on sales and valuation adjustments on other real estate owned 226 (55)
Fair value adjustment on equity securities (22) (19)
Net changes in:    
Accrued interest payable (414) 256
Other assets 3,574 (4,398)
Accrued interest payables (295) 72
Other liabilities 404 893
Net cash provided by operating activities 7,735 2,201
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities and principal payments of investment securities available for sale 5,475 10,003
Proceeds from maturities and principal payments of investment securities held to maturity 150 91
Purchases of equity securities (8) (3)
Net change in loans (16,304) (26,678)
Purchases of premises and equipment (192) (405)
Proceeds from sales of other real estate owned 17 280
Net sales of restricted securities 1,184  
Net cash (used in) investing activities (9,678) (16,712)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Noninterest-bearing deposits 14,685 (4,473)
Interest-bearing deposits 10,306 (21,209)
Short-term borrowings (30,088) 51,259
Common stock dividends paid (1,278) (891)
Repurchase of shares for tax withholding on exercised options and vested restricted stock (88)  
Net cash (used in) provided by financing activities (6,463) 24,686
Net (decrease) increase in cash and cash equivalents (8,406) 10,175
Cash and cash equivalents at beginning of period 67,225 31,820
Cash and cash equivalents at end of period 58,819 41,995
Supplemental cash flows information:    
Interest paid 2,624 739
Lease liabilities arising from right-of-use assets 3,877  
Unrealized gain (loss) on securities available for sale 1,983 (2,866)
Amortization of unrealized loss on securities transferred from available for sale to held to maturity $ 7 $ 7