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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 3,049 $ 3,279
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 662 612
Amortization and accretion of premiums and discounts on investments, net 965 330
Accretion of deferred loan fees, net (78) (188)
Amortization of mortgage servicing rights, net 92 119
Additions to mortgage servicing rights, net (98) (69)
Provision for loan losses 705 500
Gain on sale of real estate owned and repossessed assets 0 (40)
Allocation of ESOP shares 437 395
Share-based compensation 532 467
Gain on sale of loans, net (317) (328)
Gain on sale of securities available for sale, net (108) 0
Gain on sale of securities held to maturity, net (27) 0
Increase in cash surrender value of life insurance, net (298) (337)
Income from death benefit on bank-owned life insurance, net 0 (768)
Origination of loans held for sale (11,684) (17,208)
Proceeds from loans held for sale 11,227 18,013
Change in assets and liabilities:    
Increase in accrued interest receivable (154) (5)
Increase in prepaid expenses and other assets (147) (1,164)
Increase in accrued interest payable 49 4
Increase in accrued expenses and other liabilities 1,406 1,860
Net cash from operating activities 6,213 5,472
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of securities available for sale (37,681) (41,509)
Proceeds from maturities, calls, and principal repayments of securities available for sale 13,348 36,242
Proceeds from sales of securities available for sale 54,704 0
Proceeds from maturities, calls, and principal repayments of securities held to maturity 5,542 1,748
Proceeds from sales of securities held to maturity 2,702 0
Redemption (purchase) of FHLB stock 502 (569)
Proceeds from sale of real estate owned and repossessed assets 46 180
Net increase in loans receivable (42,958) (36,811)
Purchase of premises and equipment, net (1,712) (164)
Net cash from investing activities (5,507) (40,883)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 8,294 29,688
Proceeds from FHLB advances 372,132 167,440
Repayment of FHLB advances (389,961) (155,896)
Net (decrease) increase in advances from borrowers for taxes and insurance (235) (64)
Repurchase of common stock (4,853) (4,115)
Net cash from financing activities (14,623) 37,053
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (13,917) 1,642
CASH AND CASH EQUIVALENTS, beginning of period 36,801 22,650
CASH AND CASH EQUIVALENTS, end of period 22,884 24,292
Cash paid during the year for:    
Interest on deposits and borrowings 3,947 2,714
Income taxes 250 845
NONCASH INVESTING ACTIVITIES    
Unrealized (loss) gain on securities available for sale (4,127) 1,219
Loans transferred to real estate owned and repossessed assets, net of deferred loan fees and allowance for loan losses $ 102 $ 134