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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities    
Net income $ 20,382 $ 16,077
Adjustment to reconcile net income to net cash provided by operating activities:    
Provision for (recovery of) loan losses (398) 1,991
Deferred income tax expense 152 282
Depreciation of premises and equipment 636 708
Amortization of premiums and accretion of discounts, net 1,688 1,455
Gain on disposal of fixed assets 0 (2)
Gain on calls and sales of securities available for sale, net (6) (108)
Loss (gain) and write-down on other real estate owned 25 (13)
Loss on sale of repossessed assets 0 1
Income on investment in BOLI (910) (877)
Gain on sale of mortgage loans held for sale (364) (676)
Origination of mortgage loans held for sale (17,672) (39,647)
Sale of mortgage loans held for sale 18,287 40,362
Contribution to defined benefit plan 0 (5,000)
Net change in:    
Accrued interest receivable (76) (743)
Other assets 1,661 (132)
Accrued interest payable (8) (88)
Other liabilities (515) 203
Net cash provided by operating activities 22,882 13,793
Cash Flows from Investing Activities    
Net change in interest-bearing deposits (9,296) (43,844)
Proceeds from repayments of mortgage-backed securities 44,881 18,068
Proceeds from calls, sales and maturities of securities available for sale 20,377 126,840
Purchases of securities available for sale (219,331) (241,164)
Net change in restricted stock 434 (59)
Purchases of loan participations (25,167) (11,404)
Collections of loan participations 15,191 207
Loan originations and principal collections, net (25,289) (24,875)
Proceeds from disposal of other real estate owned 621 72
Proceeds from disposal of repossessed assets 11 30
Recoveries on loans charged off 346 347
Purchase of BOLI (5,000) 0
Additions to premises and equipment (323) (1,824)
Proceeds from sale of premises and equipment 0 2
Net cash used in investing activities (202,545) (177,604)
Cash Flows from Financing Activities    
Net change in time deposits (10,614) (38,446)
Net change in other deposits 208,058 215,836
Cash dividends paid (8,806) (9,000)
Shares repurchased (13,354) (1,722)
Net cash provided by financing activities 175,284 166,668
Net change in cash and due from banks (4,379) 2,857
Cash and due from banks at beginning of year 13,147 10,290
Cash and due from banks at end of year 8,768 13,147
Supplemental Disclosures of Cash Flow Information    
Interest paid on deposits and borrowed funds 3,106 5,925
Income taxes paid 3,180 3,860
Supplemental Disclosures of Noncash Activities    
Loans charged against the allowance for loan losses 755 720
Loans transferred to other real estate owned 50 0
Loans transferred to repossessed assets 11 4
Unrealized (loss) gain on securities available for sale (13,054) 16,570
Minimum pension liability adjustment 4,095 (1,981)
Lease liabilities arising from obtaining right-of-use assets during the period $ 0 $ 24