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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 10,211,000 $ 11,917,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,104,000 201,000
Loan discount accretion (763,000) 27,000
Other purchase accounting accretion and amortization, net (254,000)
Accretion and amortization of securities discounts and premiums, net 1,250,000 1,149,000
Depreciation 2,063,000 1,787,000
Amortization of intangible assets 600,000 48,000
(Gains) losses on securities available for sale (97,000) (116,000)
Share-based compensation expense 34,000 14,000
Increase (decrease) in unearned loan fees 109,000 6,000
(Gain) on sale of other real estate and repossessions and write-downs (780,000) (42,000)
(Gain) loss on sale of premises & equipment 168,000 173,000
(Increase) in bank-owned life insurance (588,000) (509,000)
Gain on sale of loans held for sale (1,823,000)
Origination of loans held for sale (69,576,000)
Proceeds from sale of loans held for sale 61,323,000
(Increase) decrease in other assets 573,000 271,000
Increase (decrease) in other liabilities 379,000 (9,000)
Net cash provided by operating activities 3,933,000 14,917,000
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of investment securities available for sale (72,482,000) (63,683,000)
Proceeds from maturities, calls, and paydowns of investment securities available for sale 73,313,000 50,422,000
Proceeds from sale of investment securities available for sale 65,513,000 11,268,000
Net loans to customers (58,593,000) 2,390,000
Purchase of premises and equipment (3,485,000) (2,763,000)
Proceeds from sale of other real estate and repossessions 2,553,000 3,002,000
Proceeds from bank-owned life insurance 535,000
Redemption (purchase of) Federal Home Loan Bank stock (831,000) 65,000
Proceeds from sale of premises and equipment 690,000 23,000
Net cash and cash equivalents paid in acquisition (467,000) (10,043,000)
Net cash (used in) provided by investing activities 6,746,000 (9,319,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Noninterest-bearing customer deposits 8,753,000 5,553,000
Interest-bearing customer deposits 10,633,000 (445,000)
Dividends paid for common stock (2,692,000) (1,688,000)
Repurchase of warrants (3,175,000)
Net increase (decrease) in Federal Home Loan Bank advances 2,000,000 (3,500,000)
Net increase (decrease) in other borrowed money 14,563,000
Net cash (used in) provided by financing activities 33,257,000 (3,255,000)
Net increase in cash and cash equivalents 43,936,000 2,343,000
Cash and cash equivalents at beginning of period 60,156,000 57,813,000
Cash and cash equivalents at end of period 104,092,000 60,156,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid during the period for interest 12,245,000 8,197,000
Cash paid during the period for income taxes 2,000,000 2,695,000
NONCASH INVESTING AND FINANCING ACTIVITIES    
Change in unrealized (gains) losses on securities available for sale 10,825,000 (2,149,000)
Acquisition of real estate through foreclosure 1,009,000 792,000
Change in goodwill due to acquisition 16,275,000 202,000
Initial recognition of operating lease right-of-use assets and lease liability $ 676,000