| Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Dec'13 | Sep'13 | Jun'13 | Mar'13 | Dec'12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||||||||
Net income | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 4,614 | - | - | - | - | - | - | - | - | - | - | - | - |
Net income | ||||||||||||||||||||||
4,646 | 5,249 | 4,397 | - | 3,513 | 3,316 | 5,045 | - | - | - | - | - | 1,911 | 1,434 | 1,673 | - | 1,785 | 1,490 | 1,637 | 919 | 1,617 | 1,384 | 2,334 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||||||||
Provision for loan losses | ||||||||||||||||||||||
0 | -350 | 0 | 0 | 0 | -150 | -750 | -150 | -100 | 0 | 0 | - | - | - | - | - | - | -1,020 | -529 | - | - | -2,550 | 1,230 |
Provision for non-acquired loan losses | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 300 | 300 | 500 | 300 | 300 |
Provision for acquired loan losses | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 4 | -126 | -834 | -53 | 2 | - | - | -42 | 94 |
Provision for FDIC receivable impairment | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | -225 | -642 | 0 | 0 | 0 |
Depreciation and amortization | ||||||||||||||||||||||
525 | 537 | 531 | 461 | 420 | 441 | 443 | 451 | 464 | 272 | 288 | 418 | 391 | 393 | 319 | 334 | 348 | 352 | 359 | 372 | 387 | 401 | 411 |
Deferred income tax expense | ||||||||||||||||||||||
39 | 49 | 2,826 | -55 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Accretion and amortization of premiums and discounts, net | ||||||||||||||||||||||
-236 | -225 | -163 | -238 | -255 | -241 | -269 | -214 | -153 | -275 | -291 | -308 | -341 | -288 | -392 | -475 | -496 | -506 | -532 | -671 | -709 | -682 | -789 |
Accretion of fair value discounts related to acquired loans | ||||||||||||||||||||||
-576 | -798 | -335 | -486 | -173 | -358 | -724 | -1,090 | -1,278 | -833 | -1,168 | -1,533 | -1,482 | -1,368 | -1,560 | -2,304 | -1,626 | -1,470 | -1,191 | -1,793 | -2,098 | -2,748 | -2,282 |
Accretion of fair value discounts related to FDIC receivable | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -19 | -27 | -47 | - | -68 | -82 | -135 | -456 | 114 | -481 | 147 |
Amortization of FDIC loss share receivable | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 596 | 901 | 888 | 1,910 | 849 | 746 | 0 | - | - | - | - |
Gain on sale of loans | ||||||||||||||||||||||
563 | 457 | 619 | 601 | 542 | 542 | 731 | 808 | 602 | 359 | 347 | 458 | 435 | 351 | 367 | 366 | 298 | 266 | 172 | 191 | 407 | 385 | 349 |
Proceeds from sale of loans | ||||||||||||||||||||||
26,723 | 15,665 | 16,538 | 27,090 | 23,144 | 20,085 | 29,996 | 35,413 | 26,068 | 13,417 | 12,766 | 17,335 | 19,074 | 15,763 | 12,543 | 13,265 | 11,276 | 11,516 | 7,361 | 9,314 | 13,927 | 14,369 | 13,141 |
Originations and purchases of loans held for sale | ||||||||||||||||||||||
25,301 | 17,005 | 15,212 | 26,503 | 22,375 | 18,805 | 29,725 | 33,968 | 27,329 | 11,994 | 13,297 | 16,191 | 18,030 | 15,910 | 12,322 | 12,621 | 11,905 | 9,077 | 8,908 | 7,937 | 14,116 | 11,506 | 15,023 |
Gain on sale of mortgage-backed securities, collateralized mortgage obligations and other investments | ||||||||||||||||||||||
0 | 0 | 1 | 0 | 0 | 247 | 0 | 0 | 12 | 0 | 35 | 0 | 0 | -27 | 0 | 0 | 200 | 0 | 0 | 29 | 0 | 0 | 219 |
Write down of real estate owned | ||||||||||||||||||||||
4 | 7 | 76 | 9 | 8 | 11 | 0 | - | - | - | - | 6 | 20 | 208 | 11 | 181 | 127 | 13 | 200 | 147 | 72 | 1,227 | 236 |
Gain on sale of real estate owned | ||||||||||||||||||||||
-0 | 25 | 166 | 115 | 27 | 38 | 444 | 407 | 175 | 132 | 184 | 92 | 69 | 97 | 137 | 152 | 69 | 57 | 18 | 101 | 180 | 159 | 140 |
(Gain) loss on sale of fixed assets | ||||||||||||||||||||||
0 | 0 | 265 | 0 | 5 | -13 | -38 | -11 | -44 | 1 | -6 | 4 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | - | - | - | - |
Restricted stock award expense | ||||||||||||||||||||||
208 | 194 | 217 | 201 | 201 | 198 | 196 | 196 | 196 | 196 | 196 | 196 | 198 | 198 | 198 | 198 | 198 | 198 | 67 | 12 | 13 | 27 | 0 |
Stock option expense | ||||||||||||||||||||||
79 | 80 | 80 | 79 | 80 | 82 | 84 | 85 | 83 | 80 | 80 | 82 | 82 | 82 | 82 | 65 | 82 | 91 | 52 | 0 | 18 | 18 | 32 |
Increase in cash surrender value of bank owned life insurance | ||||||||||||||||||||||
338 | 368 | 322 | 310 | 305 | 246 | 332 | 332 | 327 | 244 | 320 | 320 | 321 | 279 | 324 | 326 | 278 | 339 | 307 | 299 | 211 | 227 | 255 |
Changes in assets and liabilities: | ||||||||||||||||||||||
Increase in accrued interest and dividends receivable | ||||||||||||||||||||||
33 | -310 | 434 | 154 | 72 | -77 | 137 | 31 | -39 | 116 | -173 | 88 | -14 | 96 | 38 | 34 | -53 | -106 | -144 | -222 | -201 | 272 | -361 |
Decrease (increase) in other assets | ||||||||||||||||||||||
-21 | -878 | -414 | -2,523 | -2,316 | 5,022 | -2,682 | -4,258 | -1,095 | 1,749 | -636 | 1,784 | -805 | -1,019 | -865 | 1,641 | 216 | 1,273 | -2,483 | 8,139 | -741 | -1,110 | 673 |
(Decrease) increase in other liabilities | ||||||||||||||||||||||
130 | 924 | -2,660 | 2,025 | -1,481 | 4,199 | -1,839 | 183 | 3,462 | -1,199 | -7,398 | 9,271 | -1,158 | 1,962 | -1,868 | 619 | 1,603 | 1,000 | -1,840 | 7,217 | 2,518 | -2,329 | -3,920 |
Net cash provided by operating activities | ||||||||||||||||||||||
5,803 | 5,117 | 5,229 | 6,963 | 4,958 | 3,255 | 4,073 | 8,899 | 3,191 | -127 | -3,701 | 12,069 | 1,971 | 4,197 | 309 | 3,042 | 1,594 | 3,402 | 791 | -2,286 | 3,386 | 1,664 | -5,311 |
Cash flows from investing activities: | ||||||||||||||||||||||
Proceeds from sales of investment securities available for sale | ||||||||||||||||||||||
0 | 0 | 13 | 4,500 | 0 | 2,078 | 0 | 0 | 20,800 | 0 | 1,231 | 24 | -24 | 7,584 | 6,439 | 532 | 9,373 | 0 | 0 | 7,104 | 0 | 0 | 13,952 |
Principal collections on investment securities available for sale | ||||||||||||||||||||||
16,552 | 3,671 | 5,347 | 4,373 | 4,204 | 4,122 | 5,198 | 5,088 | 5,010 | 4,630 | 5,403 | 6,069 | 7,190 | 5,207 | 5,440 | - | - | - | - | - | - | - | - |
Purchase of investment securities available for sale | ||||||||||||||||||||||
0 | 0 | 14,874 | 9,828 | 7,596 | 5,094 | 7,644 | 46,442 | 0 | 0 | 0 | 0 | 15,209 | 6,296 | 18,094 | 14,273 | 0 | 2,540 | 7,050 | 9,879 | 44,836 | 30,088 | 26,389 |
Proceeds from maturities or calls of investment securities available for sale | ||||||||||||||||||||||
0 | 167 | 12,122 | 4,949 | 7,500 | 3,757 | 7,900 | 4,500 | 0 | 0 | 0 | 0 | 0 | 3,095 | 3,679 | 5,273 | 252 | 3,260 | 6,599 | 4,100 | 1,705 | 660 | 7,066 |
Proceeds from redemption of Federal Home Loan Bank stock | ||||||||||||||||||||||
- | - | - | - | - | - | - | 0 | -1,190 | -1,232 | -510 | 0 | 0 | -437 | 0 | - | - | - | - | -495 | 45 | -882 | -45 |
Net decrease in certificates of deposit held at other financial institutions | ||||||||||||||||||||||
-996 | -996 | -1,481 | -248 | -2,739 | -1,742 | -2,237 | -5,470 | -5,229 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Principal collections on investment securities available for sale | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,030 | - | 10,722 | 10,447 | 14,073 |
Net increase in loans receivable | ||||||||||||||||||||||
-895 | -572 | 1,935 | -11,913 | 25,113 | 16,570 | -4,365 | -414 | -8,597 | 20,793 | -35,857 | 41,223 | 15,164 | 28,516 | 20,849 | 23,164 | 10,238 | -4,258 | -3,411 | 17,286 | 13,187 | -18,593 | -16,050 |
Net decrease in FDIC receivable | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | -1,742 | -1,417 | -1,703 | -402 | -2,428 | -3,498 | -5,130 | -4,653 | -10,982 | -2,550 | -2,752 | 8,324 |
Principal reductions of OREO | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | -0 | 19 | 39 | 180 | 0 | 0 | 0 | - | - | - | - |
Proceeds from sale of real estate owned | ||||||||||||||||||||||
97 | 959 | 487 | 732 | 730 | 327 | 1,427 | 1,205 | 1,370 | 500 | 555 | 956 | 1,528 | 1,899 | 3,291 | 3,267 | 3,866 | 3,236 | 4,138 | 2,371 | 8,568 | 4,504 | 6,358 |
Proceeds from sale of premises and equipment | ||||||||||||||||||||||
0 | 0 | 905 | 37 | 10 | 0 | 211 | 0 | 3 | 0 | 351 | 4 | 0 | 0 | 3 | 547 | 0 | 0 | 0 | - | - | - | - |
Purchase of bank owned life insurance | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 6,100 | -500 | 5,500 | 0 | 0 |
Purchases of premises and equipment, net of dispositions | ||||||||||||||||||||||
89 | 159 | 74 | 352 | 274 | 411 | 502 | 100 | 230 | 1,225 | 36 | 126 | 195 | 101 | -9 | 86 | 79 | 182 | 35 | - | - | - | - |
Purchases of premises and equipment | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 263 | 32 | 77 |
Net cash provided by (used in) investing activities | ||||||||||||||||||||||
18,452 | 6,186 | 3,473 | 21,995 | -17,799 | -10,172 | 13,192 | -29,858 | -888 | -16,910 | 43,873 | -33,087 | -20,432 | -14,965 | -19,638 | -21,125 | 14,977 | 19,936 | 11,648 | 8,290 | -40,285 | 7,720 | 22,754 |
Cash flows from financing activities: | ||||||||||||||||||||||
Purchase of treasury stock and conversion expense | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,163 | 0 | 0 | 0 |
Purchase of treasury stock and conversion expense | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 819 | 344 |
Repurchase of shares | ||||||||||||||||||||||
0 | 0 | 263 | 0 | 0 | 0 | 1 | 0 | 120 | 2,741 | 10,309 | 4,683 | 3,150 | 3,452 | 14,218 | 18,784 | 28,960 | 4,249 | 1,243 | - | - | - | - |
Issuance of common stock | ||||||||||||||||||||||
203 | 148 | 157 | 30 | 448 | 146 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Dividends paid | ||||||||||||||||||||||
1,234 | 1,161 | 1,078 | 1,006 | 932 | 859 | 780 | 709 | 709 | 708 | 748 | 767 | 777 | 791 | 797 | 901 | 1,070 | 1,101 | 1,097 | 6,586 | 1,097 | 0 | 0 |
Net (decrease) increase in deposits | ||||||||||||||||||||||
-31,459 | 5,342 | 4,963 | 6,944 | -7,398 | 15,468 | 24,601 | 7,037 | 29,656 | 47,458 | 5,378 | 4,617 | -2,565 | 35,327 | -15,717 | -12,416 | -12,454 | 4,409 | -13,642 | -18,484 | -149,207 | 112,870 | 5,856 |
Principal payments on Federal Home Loan Bank advances | ||||||||||||||||||||||
- | - | - | - | - | - | - | 0 | 71,000 | 31,000 | 12,000 | 0 | 0 | 5,000 | 0 | - | - | - | - | 10,000 | 0 | 10,000 | 1,000 |
Net (decrease) increase in advance payments by borrowers for taxes and insurance | ||||||||||||||||||||||
461 | 624 | -1,676 | 516 | 583 | 597 | -1,087 | 372 | 521 | 479 | -955 | 242 | 341 | 517 | -668 | 380 | 68 | 448 | -639 | 369 | 255 | 312 | -535 |
Net cash (used in) provided by financing activities | ||||||||||||||||||||||
-32,757 | 4,953 | 2,102 | 3,234 | -7,299 | 15,353 | 22,732 | 6,701 | 24,474 | 44,487 | -18,634 | 11,409 | -6,152 | 26,601 | -31,401 | -31,722 | -42,417 | -5,493 | -16,623 | -35,208 | -14,441 | 102,364 | 3,976 |
Net increase in cash and cash equivalents | ||||||||||||||||||||||
-8,502 | 16,257 | 10,805 | 32,194 | -20,141 | 8,436 | 39,999 | -14,258 | 26,776 | 27,449 | 21,538 | -9,607 | -24,613 | 15,832 | -50,731 | -49,805 | -25,845 | 17,845 | -4,184 | -29,204 | -51,340 | 111,749 | 21,419 |
Supplemental disclosures of cash flow information: | ||||||||||||||||||||||
Interest paid | ||||||||||||||||||||||
2,029 | 1,929 | 2,237 | 1,565 | 1,558 | 1,459 | 2,140 | 1,585 | 1,144 | 1,198 | 1,213 | 1,202 | 1,215 | 1,218 | 1,337 | 1,372 | 1,385 | 1,445 | 1,544 | 1,375 | 1,759 | 1,934 | 2,091 |
Income taxes paid | ||||||||||||||||||||||
1,878 | 1,555 | 29 | -2,660 | 3,300 | 950 | 1,233 | -12 | 30 | 2,530 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Income taxes paid | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 800 | 0 | - | -3,076 | 2,956 | 29 | - | - | 3,069 | 2,650 |
Supplemental disclosure of noncash activities: | ||||||||||||||||||||||
Real estate acquired through foreclosure of collateral on loans receivable | ||||||||||||||||||||||
27 | 0 | 205 | 127 | 692 | 96 | 437 | 344 | 1,255 | 32 | 124 | 789 | 0 | 1,413 | 1,033 | 1,632 | 2,336 | 1,792 | 765 | - | - | - | - |
Write down of real estate owned reimbursed by the FDIC | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | -1,620 | 716 | 73 | 764 | 206 | 82 | 277 | - | - | - | - |
Gain on real estate sold payable to the FDIC | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 201 | 321 | 312 | 437 | 579 | 396 | 230 | 143 | - | - | - | - |
Provision for acquired loan losses reimbursed by the FDIC | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 76 | - | - | - | - | - | - | - | - |
Effect of restricted stock awards | ||||||||||||||||||||||
- | 194 | 217 | - | - | - | 196 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Issuance of common stock under stock benefit plan | ||||||||||||||||||||||
0 | 0 | 1,021 | 0 | 0 | 0 | 684 | 0 | 0 | 0 | 661 | 0 | 0 | 0 | 561 | 0 | 0 | 0 | 592 | 0 | 0 | 210 | 0 |
Unrealized loss on investment securities available for sale, net | ||||||||||||||||||||||
- | -1,110 | -544 | - | - | 28 | -2,877 | -33 | 897 | 693 | -1,057 | 629 | -591 | 588 | 731 | -78 | 1,114 | 671 | -621 | 302 | -1,661 | -115 | -568 |