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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Activities:    
Net Income $ 1,805 $ 963
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan and lease losses 340 300
Depreciation 419 314
Amortization of intangibles 37 13
Net amortization of security premiums 665 384
Gain on sales of investment securities   (177)
Earnings on cash surrender value of life insurance (70) (56)
SBA loans originated for sale (2,500)  
Proceeds from sales of SBA loans originated for sale 2,690  
Gain on sale of loans (190)  
Loss on sale / write-down of foreclosed assets 104 32
Restricted stock compensation expense 8 8
Deferred income tax (benefit) expense 53 (76)
(Increase) decrease in accrued interest receivable (106) 52
(Decrease) increase in other assets (290) (47)
Increase in accrued interest payable 196 117
Increase (decrease) in other liabilities 4,026 (40)
Net Cash Provided by Operating Activities 7,187 1,787
Investing Activities:    
Net decrease in interest-bearing time deposits with other financial institutions 1,985 103
Proceeds from the maturity of investment securities 3,045 2,594
Proceeds from the sale of investment securities   16,091
Purchases of investment securities (29,345) (8,065)
Net cash received from acquisition   8,118
Redemptions of restricted investment in bank stock 1,395 173
Net increase in loans and leases (7,359) (13,579)
Purchases of bank premises and equipment (154) (393)
Proceeds from sale of foreclosed assets 315 27
Net Cash (Used In) Provided By Investing Activities (30,118) 5,069
Financing Activities:    
Net increase (decrease) in deposits 55,538 (2,114)
Net increase (decrease) in short-term borrowings (31,596) 43
Common stock dividend paid (930) (350)
Employee Stock Purchase Plan 19 16
Long-term debt repayment (62) (51)
Net Cash Provided By (Used In) Financing Activities 22,969 (2,543)
Net increase in cash and cash equivalents 38 4,313
Cash and cash equivalents, beginning of year 13,284 9,882
Cash and cash equivalents, end of period 13,322 14,195
Supplemental Disclosures of Cash Flow Information:    
Interest paid 1,086 971
Income taxes paid 200 100
Supplemental Noncash Disclosures:    
Loan transfers to foreclosed assets held for sale $ 28 216
Phoenix Bancorp Inc. [Member]    
Assets Acquired:    
Securities   11,331
Loans   110,707
Restricted stock   509
Property and equipment   1,792
Accrued interest receivable   388
Core deposit and other intangibles   578
Bank-owned life insurance   3,673
Other assets   933
Assets acquired   129,911
Liabilities Assumed:    
Deposits   123,238
Accrued interest payable   32
Long-term debt   3,570
Other liabilities   744
Liabilities assumed   127,584
Equity Acquired:    
Preferred stock   1,750
Series B Preferred Stock [Member]    
Financing Activities:    
Preferred stock dividend paid   $ (87)