| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities | ||||||
Net income (loss) | ||||||
-513 | 135 | 211 | 854 | 513 | ||
Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ||||||
Net amortization of premiums and accretion of discounts on investments | ||||||
-75 | -83 | -136 | -327 | -412 | ||
Net gain on sales of securities | ||||||
- | - | - | 36 | 106 | ||
Gain on sale of loans | ||||||
931 | 1,437 | 2,146 | 2,252 | 1,478 | ||
Proceeds from loans sold | ||||||
42,723 | 62,069 | 72,249 | 76,220 | 87,336 | ||
Loans originated for sale | ||||||
41,853 | 59,995 | 70,814 | 72,147 | 86,777 | ||
Amortization of net deferred loan origination costs | ||||||
11 | 37 | 1 | -249 | -128 | ||
Depreciation and amortization | ||||||
425 | 445 | 473 | 444 | 453 | ||
Provision for loan losses | ||||||
295 | 300 | 271 | 180 | 158 | ||
Expense related to ESOP | ||||||
66 | 72 | - | - | - | ||
Expense related to ESOP | ||||||
- | - | 52 | 44 | 35 | ||
Stock based compensation | ||||||
304 | 310 | 133 | - | - | ||
Deferred income tax benefit | ||||||
-210 | -135 | 166 | -116 | -116 | ||
Earnings on investment in bank owned life insurance | ||||||
58 | 61 | 62 | 67 | 74 | ||
Decrease (Increase) in accrued interest receivable | ||||||
-69 | 52 | 172 | -3 | - | ||
Decrease in other assets | ||||||
-8 | -42 | 341 | 772 | 399 | ||
Increase in other liabilities | ||||||
541 | 334 | -632 | 631 | 165 | ||
Net Cash Flows From Operating Activities | ||||||
930 | 2,073 | -477 | - | - | ||
Cash Flows from Investing Activities | ||||||
Purchases of securities available-for-sale | ||||||
12,500 | 1,999 | - | - | - | ||
Net cash flows from operating activities | ||||||
- | - | - | 3,562 | 250 | ||
Purchases of securities available-for-sale | ||||||
- | - | 7,533 | 12,579 | 9,133 | ||
Proceeds from maturities and calls of securities available-for-sale | ||||||
11,065 | - | 3,500 | 11,285 | 4,000 | ||
Proceeds from sales of securities available-for-sale | ||||||
- | - | - | 2,213 | 2,574 | ||
Proceeds from principal paydowns on securities available-for-sale | ||||||
1,808 | 1,901 | 3,284 | 1,106 | 4,174 | ||
Purchases of securities held-to-maturity | ||||||
- | 517 | 547 | 2,204 | 1,243 | ||
Proceeds from maturities and calls of securities held-to-maturity | ||||||
815 | 835 | 1,250 | 7,334 | 4,307 | ||
Proceeds from sales of securities held-to-maturity | ||||||
- | - | - | 393 | 856 | ||
Proceeds from principal paydowns on securities held-to-maturity | ||||||
48 | 178 | 108 | 26 | 542 | ||
Net decrease (increase) in loans | ||||||
-6,219 | 19,293 | 36,789 | 24,791 | 13,286 | ||
Purchase of restricted stock | ||||||
414 | 1,477 | 1,999 | - | - | ||
Redemption of restricted stock | ||||||
1,294 | 1,110 | 1,615 | - | - | ||
Purchase of restricted stock, net | ||||||
- | - | - | 498 | -61 | ||
Purchase of premises and equipment | ||||||
133 | 112 | 362 | 875 | 361 | ||
Net Cash Flows From Investing Activities | ||||||
8,202 | -19,374 | -37,473 | - | - | ||
Cash Flows from Financing Activities | ||||||
Net cash flows from investing activities | ||||||
- | - | - | -18,590 | -7,509 | ||
Net increase in deposits | ||||||
12,945 | 5,924 | 33,757 | -2,627 | 10,254 | ||
Proceeds from borrowings | ||||||
22,146 | 67,300 | 81,001 | 19,000 | 12,500 | ||
Repayments on borrowings | ||||||
42,237 | 59,921 | 73,367 | 14,279 | 12,833 | ||
Purchase of treasury stock | ||||||
- | - | - | - | 6 | ||
Net proceeds from stock conversion and offering | ||||||
- | - | - | 8,990 | - | ||
Effect of stock repurchase plan | ||||||
- | 42 | 1,062 | - | - | ||
Proceeds on short-term borrowings, net | ||||||
- | - | - | 6,000 | -1,500 | ||
Net decrease in official bank checks | ||||||
-344 | -66 | 611 | -796 | 656 | ||
Net Cash Flows From Financing Activities | ||||||
-7,490 | 13,195 | 40,940 | - | - | ||
Change in Cash and Cash Equivalents | ||||||
1,642 | -4,106 | - | - | - | ||
Net cash flows from financing activities | ||||||
- | - | - | 16,288 | 9,071 | ||
Change in cash and cash equivalents | ||||||
- | - | 2,990 | 1,260 | 1,812 | ||
Supplementary Cash Flows Information | ||||||
Interest paid | ||||||
4,994 | 3,905 | 2,755 | - | - | ||
Interest | ||||||
- | - | - | 2,145 | 1,994 | ||
Taxes paid | ||||||
- | 38 | 453 | 220 | - | ||
Supplemental Noncash Disclosures | ||||||
Transfers from loans to real estate owned | ||||||
730 | - | - | - | - | ||