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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net earnings $ 3,885 $ 4,122
Adjustments to reconcile net earnings to net cash provided by operating activties:    
Provision for loan losses 100 (600)
Depreciation and amortization 536 544
Premium amortization and discount accretion, net 1,058 692
Net gain on securities available for sale (2) 0
Net gain on sale of loans held for sale (176) (367)
(Decrease) increase in MSR valuation allowance (1) 1
Net gain on other real estate owned (11) (43)
Loans originated for sale (11,945) (20,327)
Proceeds from sale of loans 12,089 20,523
Increase in cash surrender value of bank owned life insurance (217) (225)
Net decrease (increase) in other assets 343 (425)
Net (decrease) increase in accrued expenses and other liabilities (1,967) 510
Net cash provided by operating activities 3,692 4,405
Cash flows from investing activities:    
Proceeds from prepayments and maturities of securities available-for-sale 17,611 30,922
Purchase of securities available-for-sale (51,334) (3,164)
Increase in loans, net (6,119) (3,693)
Net purchases of premises and equipment (615) (57)
Increase in FHLB stock (13) (25)
Proceeds from sale of other real estate owned 60 203
Net cash (used in) provided by investing activities (40,410) 24,186
Cash flows from financing activities:    
Net increase in noninterest-bearing deposits 421 10,924
Net increase (decrease) in interest-bearing deposits 2,892 12,988
Net increase (decrease) in federal funds purchased and securities sold under agreements to repurchase 103 (373)
Dividends paid (1,676) (1,640)
Net cash provided by financing activities 1,740 21,899
Net change in cash and cash equivalents (34,978) 50,490
Cash and cash equivalents at beginning of period 121,277 113,930
Cash and cash equivalents at end of period 86,299 164,420
Cash paid during the period for:    
Interest 1,858 2,062
Income taxes 2,007 1,403
Supplemental disclosure of non-cash transactions:    
Real estate acquired through foreclosure $ 0 $ 248