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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities    
Net income $ 16,115 $ 6,125
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 1,370 1,330
Net amortization of loans and investment securities 1,237 1,708
Provision for loan losses 237 9,954
Change in fair value of equity securities (66) (9)
Debt securities gains, net (256) (56)
Pay-out of legal settlement   (10,000)
Provision for credit losses on off-balance sheet exposures   2,361
Loans originated for sale (30,692) (21,633)
Proceeds from sale of loans 28,770 21,957
Write-down on premises and equipment   17
Gain on sale of premise and equipment (597)  
Write-down of other real estate owned 6 6
Net (gain) loss on sale or disposal of other real estate/other repossessed assets (326) 5
Increase in cash surrender value of life insurance (509) (515)
Gain from surrender of life insurance policy (188)  
Stock option compensation 0 185
Contribution to pension plan   (1,000)
Decrease (increase) in other assets 1,089 (957)
Increase (decrease) in other liabilities 892 (175)
Deferred tax benefit 1,884 (1)
Net cash provided by operating activities 18,966 9,302
Cash flows from investing activities    
Net increase in long-term interest-bearing deposits in other banks (8,746)  
Proceeds from sales and calls of investment securities available for sale 18,781 4,171
Proceeds from maturities and pay-downs of securities available for sale 30,743 18,665
Purchase of investment securities available for sale (104,829) (30,175)
Net (increase) decrease in restricted stock (13) 4
Net decrease (increase) in loans 38,105 (39,083)
Acquisition of other real estate owned   (105)
Capital expenditures (1,654) (1,162)
Proceeds from the sale of other real estate/other repossessed assets 3,065 79
Proceeds from surrender of life insurance policy 444  
Proceeds from sale of other assets 623 117
Net cash used in investing activities (23,481) (47,489)
Cash flows from financing activities    
Net increase in deposits 15,008 49,326
Net increase (decrease) in time deposits 27,755 (13,878)
Dividends paid (5,115) (4,598)
Purchase of Treasury shares (3,846) (88)
Cash received from option exercises 268 362
Common stock issued under dividend reinvestment plan 1,316 1,417
Net cash provided by financing activities 35,386 32,541
Increase (decrease) in cash and cash equivalents 30,871 (5,646)
Cash and cash equivalents at the beginning of the period 52,957 58,603
Cash and cash equivalents at the end of the period 83,828 52,957
Supplemental Disclosures of Cash Flow Information    
Cash paid during the year for: Interest on deposits and other borrowed fundss 6,870 4,170
Cash paid during the year for: Income taxes 250 250
Noncash Activities:    
Loans transferred to Other Real Estate 80 $ 71
Lease liabilities arising from obtaining right-of-use assets $ 43