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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 7,978 $ 8,449
Adjustments to reconcile net income to net cash provided by operating activities:    
Net accretion of acquisition accounting estimates (262) (310)
Provision for credit losses 300 907
Depreciation and amortization 1,198 1,030
Net amortization of securities 262 339
Stock-based compensation expense 31 306
Deferred income tax expense 233 558
Losses (gains) on sales and valuation adjustments on other real estate owned 287 (55)
Fair value adjustment on equity securities (41) 13
Net changes in:    
Accrued interest receivable (326) 473
Other assets 2,644 (4,532)
Accrued interest payable (383) 202
Other liabilities (7,485) (52)
Net cash provided by operating activities 4,436 7,328
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities and principal payments of investment securities available for sale 12,542 16,979
Proceeds from maturities and principal payments of investment securities held to maturity 150 91
Purchases of equity securities (15) (7)
Net change in loans (45,130) (63,740)
Purchases of premises and equipment (545) (798)
Proceeds from sales of other real estate owned 411 280
Net redemption of restricted securities 1,381  
Net cash (used in) investing activities (31,206) (47,195)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Noninterest-bearing deposits 16,450 (1,688)
Interest-bearing deposits 20,323 (25,881)
Short-term borrowings (35,304) 81,007
Common stock dividends paid (2,556) (1,912)
Repurchase of shares for tax withholding on exercised options and vested restricted stock (88)  
Net cash (used in) provided by financing activities (1,175) 51,526
Net (decrease) increase in cash and cash equivalents (27,945) 11,659
Cash and cash equivalents at beginning of period 67,225 31,820
Cash and cash equivalents at end of period 39,280 43,479
Supplemental cash flows information:    
Interest paid 5,219 1,726
Income taxes paid 9,669 2,825
Lease liabilities arising from right-of-use assets 3,877  
Unrealized gain (loss) on securities available for sale 3,780 (3,416)
Amortization of unrealized loss on securities transferred from available for sale to held to maturity $ 14 $ 15