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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities      
Net Income $ 2,211 $ 2,007 $ 1,679
Adjustments to reconcile net income to net cash Provided (used) by operating activities:      
Depreciation 1,003 908 922
Net amortization of security premiums/discounts AFS 990 975 1,050
Net amortization of security premiums/discounts HTM 138 134 2
Net amortization of mortgage servicing rights 751 689 709
Impairment of foreclosed real estate 272 425 647
Provision for (recovery of) loan losses (88) (620) (389)
Deferred income taxes 92 336 593
Net realized (gains) loss on sales / calls available for sale securities (544) (536) 2
Income from mortgage loan sales (3,795) (2,306) (1,001)
Proceeds from sales of loans held for sale 118,417 65,101 39,012
Origination of loans held for sale (115,505) (66,570) (39,019)
(Gain) loss on sale of premises, equipment and other assets 3 (1) (142)
Increase in cash surrender value of life insurance (135) (117) (129)
Gain on sales of foreclosed real estate (41) (140) (398)
Release of ESOP Shares     21
Net change in interest receivable (65) 183  
Net change in other assets (761) (1,535) (1,029)
Net change in interest payable (17) (12) (44)
Net change in other liabilities 945 899 349
Net cash provided by operating activities 3,871 (180) 2,835
Cash flows from investing activities      
Proceeds from sales, maturities, calls and paydowns of securities available for sale 30,734 47,253 18,839
Proceeds from sales, maturities, calls and paydowns of securities held to maturity 141 154  
Purchase of securities available for sale (49,496) (24,910) (31,122)
Purchase of securities held to maturity (1,027) (6,034) (5,498)
Net increase in loans (22,101) (11,331) (5,445)
Proceeds from sale of premises, equipment and other assets 547 1 368
Purchase of premises and equipment (657) (716) (2,225)
Proceeds from sales of foreclosed real estate 899 2,404 2,028
Net change in restricted stock (12) (2) 146
Net cash provided (used) by investing activities (40,972) 6,819 (22,909)
Cash flows from financing activities      
Net increase in deposit accounts 17,986 11,298 2,727
Net decrease in short-term borrowed funds (3,084) 1,073 (824)
Net decrease in long-term debt (13) (11) (1,605)
Repurchase of common stock, net (322) (429) (1,401)
Dividends on preferred stock (425) (423) (422)
Cash paid for fractional shares (6) (5) (4)
Net cash provided (used) by financing activities 14,136 11,503 (1,529)
Increase (decrease) in cash and cash equivalents (22,965) 18,142 (21,603)
Cash and cash equivalents, beginning of year 68,933 50,791 72,394
Cash and cash equivalents, end of year 45,968 68,933 50,791
Supplemental disclosures of cash flow information      
Interest paid 1,327 1,745 2,004
Income taxes paid 641 459 41
Supplemental schedule of non-cash activities      
Net change in fair value of securities available for sale, net of tax (1,106) (517) 867
Loans transferred to foreclosed real estate 315 1,818 972
Company financed sales of other real estate owned (256) (26) (65)
Mortgage servicing rights capitalized 982 657 386
Preferred stock dividend accrued $ (142) (142) (142)
Net change in ESOP liability   $ (561) $ 1,155