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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows from Operating Activities:    
Net income $ 2,870,000 $ 3,547,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of investment premiums, net 34,000 66,000
Amortization and accretion of purchase loan premiums and discounts 509,000 476,000
Amortization of debt issuance costs 69,000 62,000
Provision for Loan Losses Expensed 285,000 (944,000)
Depreciation and amortization 1,106,000 926,000
Amortization of core deposit intangible 31,000
Loss on sales of available-for-sale securities 78,000
Share-based compensation 163,000 105,000
(Increase) decrease in deferred income taxes (246,000) 1,864,000
Changes in assets and liabilities:    
Increase in accrued interest and dividends receivable (116,000) (775,000)
Decrease (increase) in other assets 855,000 (4,000)
Change in contingent consideration (1,284,000)
Increase (Decrease) in accrued expenses and other liabilities 1,141,000 (796,000)
Net cash provided by operating activities 5,417,000 4,605,000
Cash Flows from Investing Activities:    
Proceeds from sales on available-for-sale securities 35,532,000 13,846,000
Principal repayments on available-for-sale securities 1,362,000 1,639,000
Purchases of available-for-sale securities (17,093,000) (20,576,000)
Purchases of Federal Reserve Bank stock (331,000) (351,000)
Redemptions (purchases) of Federal Home Loan Bank stock 961,000 (744,000)
Decrease (increase) in originated loans receivable, net 15,330,000 (53,424,000)
Purchases of loans receivable (37,830,000) (73,022,000)
Purchase of premises and equipment (1,229,000) (2,880,000)
Escrow deposit for pending acquisition (500,000)
Net cash used in business combination (4,736,000)
Net cash used in investing activities (8,534,000) (135,512,000)
Cash Flows from Financing Activities:    
Increase in deposits, net 35,909,000 76,090,000
Repayments of FHLB and correspondent bank borrowings (39,800,000) (8,000,000)
Proceeds from issuance of subordinated debt, net 9,713,000
Principal repayments of note payable (144,000) (142,000)
Decrease in advances from borrowers for taxes and insurance (1,170,000) (877,000)
Purchases of treasury stock (2,000)
Dividends paid on common stock (116,000) (39,000)
Payments of contingent consideration (1,284,000)
Net cash provided by financing activities 3,108,000 67,030,000
Net decrease in cash and cash equivalents (9,000) (63,877,000)
Cash and cash equivalents at beginning of period 49,241,000 92,289,000
Cash and cash equivalents at end of period 49,232,000 28,412,000
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 7,492,000 4,467,000
Cash paid for income taxes 1,243,000 475,000
Business Combination Non-Cash Disclosures    
Assets acquired in business combination (net of cash received) 60,492,000
Liabilities acquired in business combination 56,095,000
Contingent liability assumed in business combination $ 1,761,000