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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,603 $ 2,835
Provided by operating activities:    
Provision for loan losses 1,956 131
Depreciation, amortization, and accretion 140 686
Share-based compensation expense 8 9
Gain on sale of securities (293) 0
Gain on sale of SBA loans (210) 0
Loss on sale of other real estate 125 5
Loss (gain)on sale of premises & equipment 18 (2)
Originations of loans held for sale (30,093) 0
Proceeds from sales of loans held for sale 29,357 0
Change in bank-owned life insurance (156) 414
Change in other assets 525 834
Change in other liabilities 335 272
Net cash provided by operating activities 3,315 5,184
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of investment securities available for sale (14,454) (14,119)
Proceeds from maturities, calls, and paydowns of investment securities available for sale 20,022 13,065
Proceeds from sale of investment securities 15,314 0
Net loans (20,932) 1,085
Purchase of premises and equipment (649) (1,152)
Proceeds from sale of other real estate 813 351
Redemption (purchase of) Federal Home Loan Bank Stock 397 195
Proceeds from sale of premises and equipment 25 22
Net cash (used in) provided by investing activities 536 (553)
CASH FLOWS FROM FINANCING ACTIVITIES    
Increase in noninterest-bearing customer deposits 2,634 6,637
(Decrease) increase in interest-bearing customer deposits (3,300) 19,915
Dividends paid for common stock (950) (633)
Payments on Federal Home Loan Bank Advances (24,500) (5,000)
Proceeds from Federal Home Loan Bank Advances 14,000 0
Net cash (used in) provided by financing activities (12,116) 20,919
Net (decrease) increase in cash and cash equivalents (8,265) 25,550
Cash and cash equivalents at beginning of period 104,092 60,155
Cash and cash equivalents at end of period 95,827 85,705
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid during the period for interest 5,857 5,772
Cash paid during the period for income taxes 0 2,220
NONCASH INVESTING AND FINANCING ACTIVITIES    
Acquisition of real estate through foreclosure $ 465 $ 756