| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | |||||||||
Net income | |||||||||
11,672 | 19,342 | 9,004 | 7,502 | 8,675 | 40,614 | 3,298 | -27,109 | -48,696 | -4,307 |
Adjustments to reconcile to net income to net cash from operating activities | |||||||||
Provision for (recovery of) loan losses | |||||||||
3,825 | 145 | -87 | -239 | -3,206 | -736 | -687 | 31,522 | 22,723 | 12,083 |
Prepayment of ESOP Share Acquisition Loan | |||||||||
- | - | 1,125 | 0 | 0 | - | - | - | - | - |
Goowill Impairment | |||||||||
- | - | - | - | - | - | - | - | 23,862 | 0 |
Prepayment of ESOP Share Acquisition Loan | |||||||||
- | - | - | 1,451 | 1,236 | 1,160 | 896 | 727 | 540 | 954 |
Stock-based compensation expense | |||||||||
0 | 6 | 0 | 982 | 657 | 70 | 86 | 41 | 53 | 2,155 |
Depreciation | |||||||||
1,613 | 1,535 | 3,789 | 3,777 | 3,682 | 3,811 | 4,453 | 4,546 | 4,559 | 4,449 |
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent | |||||||||
- | - | - | - | - | - | 0 | 0 | - | - |
Amortization of premiums and discounts on securities and loans | |||||||||
-8 | -11 | 123 | 280 | 312 | 438 | 736 | 2,502 | 1,290 | 21 |
Amortization of intangibles | |||||||||
- | - | - | - | - | 578 | 605 | 633 | 1,689 | 1,588 |
Amortization of Intangible Assets | |||||||||
61 | 184 | 496 | 523 | 550 | - | - | - | - | - |
Amortization of servicing assets | |||||||||
85 | 94 | 109 | 112 | 140 | 143 | 168 | 320 | 267 | 475 |
Net change in net deferred loan origination costs | |||||||||
-157 | -197 | -397 | 42 | 422 | 229 | 225 | -163 | -469 | -324 |
Gain on sale of other real estate owned | |||||||||
111 | -56 | -45 | 128 | 59 | -35 | -148 | -253 | -15 | -415 |
Net gain on sale of loans | |||||||||
- | - | 76 | 75 | 102 | 158 | 1,469 | 841 | 340 | 501 |
Gain on sale of equity securities | |||||||||
295 | 3,558 | 0 | - | - | - | - | - | - | - |
Gain (Loss) on Disposition of Other Assets | |||||||||
-44 | - | - | - | - | - | - | - | - | - |
Bank Owned Life Insurance Income | |||||||||
136 | 174 | 265 | 207 | 194 | 235 | 313 | 438 | 626 | 430 |
Net gain on sale of securities | |||||||||
- | - | - | 46 | 0 | -7 | - | - | - | 31 |
Gain (Loss) on Disposition of Property Plant Equipment | |||||||||
0 | 93 | 0 | 38 | -1 | 5 | -43 | -156 | -19 | -19 |
Loans originated for sale | |||||||||
- | - | 1,288 | 2,310 | 3,838 | 5,323 | 10,771 | 18,639 | 16,466 | 19,666 |
Proceeds from sale of loans | |||||||||
- | - | 1,364 | 2,385 | 3,940 | 5,481 | 11,670 | 20,984 | 17,604 | 17,451 |
Other real estate owned valuation adjustments | |||||||||
38 | 27 | 333 | 314 | 548 | 438 | 550 | 5,559 | - | - |
REO valuation adjustments | |||||||||
- | - | - | - | - | - | - | - | -3,970 | -2,392 |
Net change in: | |||||||||
Deferred income tax | |||||||||
-2,362 | -6,328 | -9,848 | -4,390 | -5,079 | 31,643 | 0 | 0 | -12,419 | 2,742 |
Accrued interest receivable | |||||||||
-389 | 333 | 238 | 155 | 300 | -7 | -213 | -1,427 | -172 | -721 |
Other assets | |||||||||
-3,864 | -1,694 | 3,406 | 1,418 | -659 | -2,874 | 243 | -1,400 | 70 | -9,759 |
Accrued interest payable and other liabilities | |||||||||
-2,202 | -1,349 | 1,703 | 2,443 | -1,852 | 1,394 | 2,093 | -1,189 | -894 | -210 |
Net cash from operating activities | |||||||||
21,374 | 20,685 | 22,730 | 18,941 | 14,882 | 17,845 | 9,779 | 17,013 | 19,979 | 24,877 |
Cash flows from investing activities | |||||||||
Securities | |||||||||
Securities | |||||||||
Proceeds from maturities | |||||||||
107,921 | 114,583 | 75,460 | 67,734 | 59,804 | 52,103 | 26,813 | 30,590 | 34,101 | 1,730 |
Proceeds from principal repayments | |||||||||
3,076 | 3,587 | 3,388 | 5,102 | 6,984 | 7,179 | 13,492 | 19,668 | 30,692 | 30,075 |
Proceeds from sales of securities | |||||||||
3,722 | 4,059 | 0 | 46 | 0 | 3,663 | 0 | 0 | 9,677 | 31 |
Purchases of securities | |||||||||
83,081 | 113,614 | 65,128 | 65,617 | 60,744 | 73,142 | 74,220 | 35,360 | 37,557 | 50,489 |
Loans receivable | |||||||||
Proceeds from sale of loans | |||||||||
- | - | - | 14,746 | 0 | 0 | 2,868 | 10,988 | 0 | 0 |
Proceeds of redemption of Federal Reserve Bank stock | |||||||||
- | - | - | - | - | - | - | - | 155 | 0 |
Payments for (Proceeds from) Federal Home Loan Bank Stock | |||||||||
-540 | -1,312 | -3,514 | 0 | 0 | - | -2,344 | -7,934 | 0 | 0 |
Purchase of FHLB and FRB stock | |||||||||
4 | 1,048 | 154 | 5,393 | 0 | 189 | - | - | - | - |
Loan participations sold | |||||||||
- | - | 3,615 | 6,195 | 3,350 | 0 | - | - | - | - |
Net decrease in loans receivable | |||||||||
- | - | 654,702 | 495,391 | 441,820 | 432,571 | 453,153 | 518,330 | 632,918 | 817,376 |
Purchases of loans | |||||||||
- | - | 23,451 | 54,970 | 0 | 0 | - | 5,641 | 154,174 | 2,738 |
Originated for investment | |||||||||
- | - | 640,340 | 543,740 | 509,018 | 513,384 | 524,592 | 364,596 | 573,185 | 676,424 |
Proceeds from sale of other real estate owned | |||||||||
1,299 | 2,172 | 3,932 | 4,181 | 4,733 | 4,914 | 8,838 | 13,154 | 9,074 | 4,091 |
Purchase of premises and equipment, net | |||||||||
798 | 1,609 | 1,133 | 696 | 542 | 1,176 | 10 | 2,335 | 2,370 | 1,067 |
Cash acquired in acquisition | |||||||||
- | - | - | - | - | - | - | - | 61,619 | 0 |
Net cash from investing activities | |||||||||
184,176 | 8,060 | 14,405 | -77,021 | -53,613 | -87,461 | -91,314 | 192,732 | 10,950 | 122,585 |
Cash flows from financing activities | |||||||||
Net change in deposits | |||||||||
-67,727 | 12,433 | 661 | 126,471 | 1,206 | -40,995 | -29,643 | -50,026 | -115,589 | 1,982 |
Net change in borrowings | |||||||||
-20,988 | -39,719 | 9,699 | -13,249 | 51,397 | 9,866 | -2,512 | -3,755 | -14,427 | -27,035 |
Net change in advance payments by borrowers for taxes and insurance | |||||||||
-309 | -1,114 | 604 | -487 | 39 | 1,057 | -273 | -271 | 3,617 | -727 |
Payments for Repurchase of Common Stock | |||||||||
18,139 | 23,284 | 10,819 | 13,215 | 9,970 | 0 | - | - | - | 3,124 |
Payments of Ordinary Dividends, Common Stock | |||||||||
6,266 | 6,449 | 5,153 | 4,133 | 4,145 | 1,688 | 844 | 633 | 4,636 | 5,946 |
Shares retired for tax liability | |||||||||
- | - | 1,219 | 0 | 0 | - | - | - | - | - |
Net cash used in financing activities | |||||||||
-113,429 | -58,133 | -6,227 | 95,387 | 38,527 | -31,760 | -33,272 | -54,685 | -131,035 | -34,850 |
Net change in cash and cash equivalents | |||||||||
92,121 | -29,388 | 30,908 | 37,307 | -204 | -101,376 | -114,807 | 155,060 | -100,106 | 112,612 |
Supplemental disclosures of cash flow information: | |||||||||
Interest paid | |||||||||
13,446 | 9,073 | 6,044 | 3,907 | 2,844 | 3,070 | 3,697 | 4,502 | 6,849 | 13,575 |
Income taxes paid | |||||||||
412 | 342 | 427 | 289 | 363 | 114 | 0 | 0 | 3 | 1,300 |
Income taxes refunded | |||||||||
18 | 0 | 6 | 9 | 7 | 0 | 461 | 1,423 | 761 | 11,291 |
Loans transferred to other real estate owned | |||||||||
186 | 1,482 | 2,766 | 1,251 | 5,875 | 5,449 | 5,512 | 7,035 | 14,132 | 17,437 |
Transfer of Property to Held-for-sale | |||||||||
6,694 | 0 | 5,677 | 0 | 0 | - | - | - | - | - |
Loans transferred to held for sale | |||||||||
- | - | - | - | - | - | - | 12,740 | 0 | 0 |
Securities | |||||||||
- | - | - | - | - | - | - | - | 10,177 | 0 |
Loans receivable | |||||||||
- | - | - | - | - | - | - | - | 118,147 | 0 |
Other real estate owned | |||||||||
- | - | - | - | - | - | - | - | 6,965 | 0 |
Stock in Federal Home Loan Bank and Federal Reserve Bank | |||||||||
- | - | - | - | - | - | - | - | 903 | 0 |
Goodwill | |||||||||
- | - | - | - | - | - | - | - | 1,296 | 0 |
Premises and equipment, net | |||||||||
- | - | - | - | - | - | - | - | 7,442 | 0 |
Accrued interest receivable | |||||||||
- | - | - | - | - | - | - | - | 355 | 0 |
Core deposit intangible | |||||||||
- | - | - | - | - | - | - | - | 2,660 | 0 |
FDIC prepaid expense | |||||||||
- | - | - | - | - | - | - | - | 774 | 0 |
Income tax receivable | |||||||||
- | - | - | - | - | - | - | - | 774 | 0 |
Deferred taxes, net | |||||||||
- | - | - | - | - | - | - | - | 2,662 | 0 |
Other assets | |||||||||
- | - | - | - | - | - | - | - | 42 | 0 |
Total noncash items acquired | |||||||||
- | - | - | - | - | - | - | - | 152,197 | 0 |
Deposits | |||||||||
- | - | - | - | - | - | - | - | 212,939 | 0 |
Advance payments by borrowers taxes and insurance | |||||||||
- | - | - | - | - | - | - | - | 34 | 0 |
Accrued interest payable and other liabilities | |||||||||
- | - | - | - | - | - | - | - | 843 | 0 |
Total liabilities assumed | |||||||||
- | - | - | - | - | - | - | - | 213,816 | 0 |
Cash acquired in acquisition | |||||||||
- | - | - | - | - | - | - | - | 61,619 | 0 |