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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES          
Net income $ 2,494 $ 1,626 $ 3,744 $ 3,653  
Adjustments to reconcile net income to net cash (used in) provided by operating activities:          
Depreciation and amortization     1,070 1,124  
Amortization of right of use lease asset     179 160  
Accretion related to acquisition, net     (40) (132)  
Provision for loan losses 300 787 600 1,013 $ 318
Gain on sale of securities, net (184) 0 (184) (26)  
Net amortization of securities     300 669  
Increase in loans held for sale, net     (2,904) (275)  
Net gain on disposal of premises and equipment (818) 0 (818) 0  
Net gain on sale of other real estate owned 0 0 0 (2)  
Income from bank owned life insurance (192) (198) (423) (390)  
Stock compensation expense     143 139  
Deferred tax benefit     (1,030) 589  
Decrease (increase) in other assets     (201) (869)  
Decrease in accrued expenses and other liabilities     (1,012) (774)  
Net cash (used in) provided by operating activities     (576) 4,879  
CASH FLOWS FROM INVESTING ACTIVITIES          
Purchases of available-for-sale securities     (30,891) (20,788)  
(Purchases of) proceeds from redemption restricted securities, net     (226) 374  
Proceeds from maturities and calls of available-for-sale securities     5,316 14,625  
Proceeds from sales of available-for-sale securities     9,385 6,476  
Paydowns on available-for-sale securities     5,831 5,427  
Net (increase) decrease in loans held for investment     (109,499) 12,541  
Proceeds from sales of other real estate owned     0 85  
Purchases of premises and equipment (294) (181) (662) (679)  
Proceeds from sale of premises and equipment     1,297 0  
Net cash (used in) provided by investing activities     (119,449) 18,061  
CASH FLOWS FROM FINANCING ACTIVITIES          
Increase (decrease) in noninterest-bearing deposits     81,165 (3,383)  
Increase in savings deposits     60,359 1,562  
(Decrease) increase in time deposits     (19,100) 6,538  
Decrease in federal funds purchased, repurchase agreements and other borrowings, net     (3,780) (8,064)  
Increase in Federal Home Loan Bank advances     25,000 10,000  
Repayment of Federal Home Loan Bank advances     (20,000) (20,000)  
Increase in Federal Reserve Bank borrowings     37,515 0  
Repayment of Federal Reserve Bank borrowings     (175) 0  
Proceeds from ESPP issuance     46 40  
Cash dividends paid on common stock     (1,251) (1,248)  
Net cash provided by (used in) financing activities     159,779 (14,555)  
Net increase in cash and cash equivalents     39,754 8,385  
Cash and cash equivalents at beginning of period     89,865 42,217 42,217
Cash and cash equivalents at end of period $ 129,619 $ 50,602 129,619 50,602 $ 89,865
Cash payments for:          
Interest     3,059 3,062  
SUPPLEMENTAL SCHEDULE OF NONCASH TRANSACTIONS          
Unrealized gain on securities available-for-sale     4,343 3,589  
Loans transferred to other real estate owned     254 0  
Right of use lease asset and liability     $ 789 $ 751