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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 1,013 $ 1,455
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 1,078 781
Provision for loan and lease losses 2,149 1,464
Deferred income tax provision 821 231
Net gain on sale and prepayment of investment securities (105) (228)
Stock-based compensation expense 333 262
Net amortization of securities (618) (869)
Amortization of intangible assets 43
Net loss on premises and equipment and other real estate 330 453
Changes in assets and liabilities:    
Decrease in accrued interest receivable 148 110
Decrease (increase) in other assets (900) 57
Increase (decrease) in accrued interest expense (26) 40
Increase (decrease) in other liabilities 2,061 (114)
Net cash provided by operating activities 7,563 5,380
Cash flows from investing activities:    
Net decrease in federal funds sold 6,439
Purchases of investment securities, available-for-sale (15,224) (15,254)
Purchases of investment securities, held-to-maturity (4,696)
Proceeds from sales of investment securities, available-for-sale 4,221 1,749
Proceeds from maturities and prepayments of investment securities, available-for-sale 30,909 38,570
Proceeds from maturities and prepayments of investment securities, held-to-maturity 3,950 3,119
Net decrease in Federal Home Loan Bank stock 1,471 185
Net cash paid for acquisition (21,313)
Proceeds from the sale of premises and equipment and other real estate 2,883 1,215
Net increase in loans (22,122) (17,326)
Purchases of premises and equipment (653) (9,858)
Net cash used in investing activities (9,439) (2,296)
Cash flows from financing activities:    
Net increase in deposits 58,307 10,829
Net increase (decrease) in short-term borrowings (25,402) 516
Payments on long-term Federal Home Loan Bank advances (10,000) (5,000)
Net share-based compensation transactions (41)
Issuance of common stock 2,299
Dividends paid (369) (364)
Net cash provided by financing activities 24,835 5,940
Net increase in cash and cash equivalents 22,959 9,024
Cash and cash equivalents, beginning of period 27,124 23,530
Cash and cash equivalents, end of period 50,083 32,554
Supplemental disclosures:    
Interest 2,843 1,862
Income taxes 137 77
Non-cash transactions:    
Assets acquired in settlement of loans 649 608
Reissuance of treasury stock as compensation $ 350