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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 $ 3,979 $ 4,443
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 479 200
Depreciation of bank premises and equipment 176 173
Amortization of premiums and accretion of discounts, net 193 14
Gains on disposal of fixed assets (2)
Gain on sales and calls of securities available for sale, net (20) (12)
Loss and write-down on other real estate owned, net 4 5
Gain on disposal of repossessed assets (1)
Increase in cash value of bank-owned life insurance (221) (219)
Origination of mortgage loans held for sale (6,428) (2,604)
Proceeds from sale of mortgage loans held for sale 5,639 2,113
Gain on sale of mortgage loans held for sale (94) (39)
Net change in:    
Accrued interest receivable 5 (241)
Other assets 625 740
Accrued interest payable (7) 51
Other liabilities 883 475
Net cash provided by operating activities 5,213 5,096
Cash Flows from Investing Activities    
Net change in interest-bearing deposits 4,983 (9,890)
Proceeds from calls, principal payments, sales and maturities of securities available for sale 53,872 26,113
Purchase of securities available for sale (52,923)
Net change in restricted stock (59)
Purchase of loan participations (18) (189)
Collection of loan participations 87 3,150
Loan originations and principal collections, net 3,720 (11,864)
Proceeds from sale of other real estate owned 24 22
Proceeds from disposal of repossessed assets 27 3
Recoveries on loans charged off 73 98
Proceeds from sale and purchases of premises and equipment, net (1,315) (355)
Net cash provided by investing activities 8,471 7,088
Cash Flows from Financing Activities    
Net change in time deposits (4,230) 8,055
Net change in other deposits (7,340) 208
Common stock repurchased (17,997)
Net cash used in financing activities (11,570) (9,734)
Net change in cash and due from banks 2,114 2,450
Cash and due from banks at beginning of period 10,290 12,882
Cash and due from banks at end of period 12,404 15,332
Supplemental Disclosures of Cash Flow Information    
Interest paid on deposits 1,803 1,742
Income taxes paid
Supplemental Disclosure of Noncash Activities    
Loans charged against the allowance for loan losses 175 328
Loans transferred to other real estate owned
Unrealized net gain on securities available for sale 4,878 5,750
Increase in operating lease right-of-use asset upon adoption of ASU 2016-02 684
Increase in operating lease liability upon adoption of ASU 2016-02 $ 684