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Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net earnings $ 867 $ 754
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:    
Depreciation and amortization 153 132
Provision for loan losses 165 254
Net amortization of deferred loan fees (9) 39
Gain on sale of securities available for sale (7)
Amortization of premiums and discounts on securities available for sale 73 106
Gain on sale of loans held for sale (106) (297)
Proceeds from the sale of loans held for sale 14,170 18,879
Loans originated as held for sale (15,105) (19,096)
Stock issued as compensation 12 17
Stock-based compensation expense 42 23
Income from bank-owned life insurance (45) (11)
Net decrease (increase) in accrued interest receivable 11 (7)
Net (increase) decrease in other assets (357) 37
Net (decrease) increase in other liabilities and official checks (163) 166
Net cash (used in) provided by operating activities (299) 996
Cash flows from investing activities:    
Loan originations, net of principal repayments 57 (22,645)
Purchase of securities available for sale (8,238) (1,003)
Principal repayments of securities available for sale 1,149 1,944
Proceeds from sale of securities available for sale 4,245
Maturities and calls of securities available for sale 385 18
Purchase of Federal Home Loan Bank stock (49) (39)
Purchase of premises and equipment (2,552) (196)
Net cash used in investing activities (5,003) (21,921)
Cash flows from financing activities:    
Net increase in deposits 24,446 10,985
Proceeds from stock options exercised 30
Common stock dividends paid (377) (312)
Net cash provided by financing activities 24,069 10,703
Net increase (decrease) in cash and cash equivalents 18,767 (10,222)
Cash and cash equivalents at beginning of period 48,038 32,397
Cash and cash equivalents at end of period 66,805 22,175
Supplemental disclosure of cash flow information    
Interest 809 395
Income taxes
Accumulated other comprehensive loss, net change in unrealized gain (loss) on securities available for sale, net of taxes $ 320 $ (545)