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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Net income $ 2,150 $ 2,136
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Amortization of premiums and accretion of discounts on securities, net 391 431
Depreciation and amortization expense 264 312
Deferred income taxes (74) (93)
Stock compensation expense 56 49
Increase in cash value of life insurance (48) (43)
(Gain) loss on sale of securities and time deposits 97 (1)
Provision for loan losses 450 197
Proceeds from sales of loans 7,942 16,547
Loans originated for sale (6,312) (15,818)
Gain on sale of loans (158) (240)
Amortization of tax credit investment 82 82
Unrealized gain on equity securities (131)
Net realized and unrealized loss on foreclosed real estate 136 29
Decrease (increase) in accrued interest receivable (7) 44
(Increase) decrease in accrued interest payable 27 (9)
Net change in other assets/liabilities 66 (265)
Net Cash Provided By Operating Activities 4,931 3,358
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities of interest-bearing time deposits 490 1,239
Proceeds from sales of interest-bearing time deposits 1,460
Purchase of interest-bearing time deposits (985)
Purchase of securities available for sale (17,862) (6,326)
Proceeds from maturities of securities available for sale 15,645 520
Proceeds from sales of securities available for sale 5,437 1,458
Principal collected on mortgage-backed obligations 5,533 6,295
Investment in cash value of life insurance (1,000)
Net (increase) decrease in loans receivable (15,972) 2,176
Investment in tax credit entity (152) (436)
Proceeds from sale of foreclosed real estate 8 99
Purchase of premises and equipment (214) (50)
Net Cash Provided By (Used In) Investing Activities (6,612) 3,975
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 16,885 17,009
Repayment of advances from Federal Home Loan Bank (10,000)
Dividends paid (773) (772)
Net Cash Provided By Financing Activities 16,112 6,237
Net Increase in Cash and Cash Equivalents 14,431 13,570
Cash and cash equivalents at beginning of period 41,112 25,915
Cash and Cash Equivalents at End of Period $ 55,543 $ 39,485