| 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: | |||||||||
Depreciation and amortization | |||||||||
- | - | 1,133 | 966 | 871 | 803 | 717 | - | - | - |
Provision for loan and lease losses | |||||||||
- | - | 1,987 | 3,197 | 216 | -74 | - | - | - | - |
Less: Net Loss Attributable to Noncontrolling Interest | |||||||||
- | - | - | - | - | - | - | - | -0 | -125 |
Net income | |||||||||
- | - | - | - | - | - | - | - | -9,074 | -3,180 |
Net income | |||||||||
4,566 | 2,490 | -411 | 1,224 | 2,595 | 3,549 | 3,927 | 2,195 | -9,075 | -3,306 |
Adjustments to reconcile net income to cash provided by operating activities: | |||||||||
Depreciation and amortization | |||||||||
1,609 | 1,455 | - | - | - | - | - | - | - | - |
Provision for loan and lease losses | |||||||||
2,714 | 2,622 | - | - | - | - | - | - | - | - |
Depreciation | |||||||||
- | - | - | - | - | - | - | 715 | 696 | 756 |
Reduction in reserve for loan losses | |||||||||
- | - | - | - | - | - | -642 | 4,338 | 18,802 | 19,130 |
Deferred income tax provision | |||||||||
1,134 | 1,488 | 2,825 | 121 | 926 | 1,812 | 308 | 999 | -2,664 | -5,176 |
Net gain on sale and prepayment of investment securities | |||||||||
92 | 118 | - | - | - | - | - | - | - | - |
Impairment of goodwill | |||||||||
- | - | - | - | - | - | - | - | 4,097 | - |
Net gain on sale and prepayment of investment securities | |||||||||
- | - | 229 | 659 | 462 | 104 | 484 | 1 | 2,549 | - |
Stock-based compensation expense | |||||||||
360 | 444 | 366 | 281 | 416 | 443 | 155 | - | - | - |
Net amortization of securities | |||||||||
- | - | - | - | - | 221 | - | - | - | - |
Write-downs on other real estate | |||||||||
- | - | - | - | - | - | - | 4,866 | - | - |
Net amortization of securities | |||||||||
562 | 804 | 1,099 | 1,518 | 1,681 | 1,173 | 810 | 1,183 | 715 | 749 |
Net loss on sale of fixed assets | |||||||||
- | - | - | - | - | - | - | - | 317 | -236 |
Amortization of intangible assets | |||||||||
487 | 171 | - | - | - | - | - | - | - | - |
Net loss on premises and equipment and other real estate | |||||||||
-485 | -472 | -595 | -841 | -970 | -975 | - | - | - | - |
Gain on sale of securities, net | |||||||||
- | - | - | - | - | - | - | - | - | 256 |
Impairment of OREO | |||||||||
- | - | - | - | - | - | - | - | 6,389 | 3,537 |
Net loss on foreclosed assets | |||||||||
- | - | - | - | - | - | -2,352 | - | -1,606 | -1,675 |
Changes in assets and liabilities: | |||||||||
Decrease in accrued interest receivable | |||||||||
-328 | 224 | 70 | 154 | -402 | -467 | -399 | -857 | -1,152 | 15 |
Increase in other assets | |||||||||
3,891 | 1,653 | 444 | -10 | -431 | -734 | -1,588 | -429 | -1,832 | 2,677 |
Increase (decrease) in accrued interest expense | |||||||||
113 | 43 | 140 | 61 | -41 | -45 | -147 | -377 | -1,445 | -241 |
Increase (decrease) in other liabilities | |||||||||
2,940 | 70 | -239 | 775 | -605 | -949 | 1,940 | 937 | -2,853 | 1,883 |
Net cash provided by operating activities | |||||||||
11,315 | 8,064 | 6,752 | 8,181 | - | - | - | 16,141 | 16,386 | 16,421 |
Cash flows from investing activities: | |||||||||
Net cash provided by operating activities | |||||||||
- | - | - | - | 7,400 | 8,563 | 10,923 | - | - | - |
Net increase in federal funds sold | |||||||||
-1,726 | 6,646 | -15,000 | 0 | - | - | 5,000 | -5,000 | - | 4,545 |
Purchases of investment securities, available-for-sale | |||||||||
9,094 | 19,676 | - | - | - | - | - | - | - | - |
Proceeds from sales of investment securities, available-for-sale | |||||||||
14,271 | 4,221 | - | - | - | - | - | - | - | - |
Purchases of investment securities, available-for-sale | |||||||||
- | - | 25,360 | 67,762 | 64,066 | 102,552 | 81,301 | 20,375 | 59,559 | 29,437 |
Purchases of investment securities, held-to-maturity | |||||||||
- | - | 4,696 | 16,848 | 27,769 | 16,310 | 23,191 | 26,188 | - | - |
Proceeds from sales of investment securities, available-for-sale | |||||||||
- | - | 1,749 | 30,439 | 15,754 | 1,095 | - | 4,010 | 31,264 | 14,015 |
Proceeds from maturities and prepayments of investment securities, available-for-sale | |||||||||
36,020 | 40,665 | 51,681 | 50,338 | 51,326 | 33,292 | 33,654 | 44,952 | 43,185 | 72,360 |
Proceeds from maturities and prepayments of investment securities, held-to-maturity | |||||||||
7,039 | 4,693 | 4,186 | 23,146 | 24,342 | 22,193 | 9,282 | 6,225 | 40 | - |
Net (increase) decrease in Federal Home Loan Bank stock | |||||||||
434 | -1,471 | 28 | 556 | 288 | -168 | - | - | -2,231 | - |
Net cash paid for acquisition | |||||||||
- | 19,014 | - | - | - | - | - | - | - | - |
Proceeds from redemption of Federal Home Loan Bank stock | |||||||||
- | - | - | - | - | - | 256 | 1,925 | - | - |
Proceeds from the sale of premises and equipment and other real estate | |||||||||
1,259 | 3,104 | 1,347 | 1,657 | 4,147 | 6,334 | - | - | - | - |
Proceeds from sale of foreclosed assets | |||||||||
- | - | - | - | - | - | 4,020 | - | - | - |
Proceeds from the sale of premises and equipment and other real estate | |||||||||
- | - | - | - | - | 1,000 | - | - | - | - |
Net change in loan portfolio | |||||||||
- | - | - | - | - | - | 225 | - | - | - |
Proceeds from maturities and prepayments of investment securities, held-to- maturity | |||||||||
- | - | - | - | - | - | - | - | - | 40 |
Proceeds from redemption of Federal Home Loan Bank stock | |||||||||
- | - | - | - | - | - | - | - | - | 607 |
Proceeds from the sale of other real estate | |||||||||
- | - | - | - | - | - | - | 5,990 | 7,262 | 6,902 |
Net decrease in loans | |||||||||
34,430 | 17,859 | 26,109 | 71,826 | -691 | -35,967 | -34,719 | -31,979 | 18,765 | 17,118 |
Purchases of premises and equipment | |||||||||
3,184 | 1,549 | 10,393 | 7,891 | 3,664 | 1,708 | 381 | 572 | 500 | 349 |
Net cash used in investing activities | |||||||||
- | - | - | - | 473 | -20,521 | -18,167 | - | - | - |
Proceeds received from deconsolidation of limited partnership | |||||||||
- | - | - | - | - | - | - | - | 5,009 | - |
Net cash (used in) provided by investing activities | |||||||||
9,721 | 2,702 | -22,623 | -59,303 | - | - | - | 42,946 | 10,168 | 51,564 |
Cash flows from financing activities: | |||||||||
Net decrease in deposits | |||||||||
-21,063 | 47,271 | 19,523 | - | - | - | - | - | - | - |
Net increase in deposits | |||||||||
- | - | - | 18,298 | -4,401 | -620 | -4,755 | -38,039 | 23,543 | -9,523 |
Net increase (decrease) in short-term borrowings | |||||||||
9,498 | -25,067 | 5,475 | 2,765 | -82 | -795 | 593 | 282 | -614 | 350 |
Proceeds from long-term Federal Home Loan Bank advances | |||||||||
- | - | - | 10,000 | 12,000 | - | 5,000 | - | 10,000 | - |
Payments on long-term Federal Home Loan Bank advances | |||||||||
- | 10,000 | 5,000 | 0 | 5,000 | - | - | 20,000 | 20,000 | 55,000 |
Net share-based compensation transactions | |||||||||
- | - | 47 | 0 | - | - | - | - | - | - |
Net cash provided by financing activities | |||||||||
- | - | - | - | 2,033 | -1,596 | 838 | - | - | - |
Treasury stock repurchases | |||||||||
1,478 | - | - | - | - | - | - | - | 3 | 77 |
Stock award under employment contract | |||||||||
- | - | - | - | - | - | - | - | 25 | - |
Dividends paid | |||||||||
562 | 495 | 486 | 483 | 484 | 181 | 0 | - | 241 | 2,653 |
Net cash used in financing activities | |||||||||
-13,605 | 11,709 | 19,465 | 30,580 | - | - | - | -57,757 | 12,709 | -66,904 |
Net (decrease) increase in cash and cash equivalents | |||||||||
7,431 | 22,475 | - | - | - | - | - | - | - | - |
Net increase (decrease) in cash and cash equivalents | |||||||||
- | - | 3,594 | -20,542 | 9,906 | -13,554 | -6,406 | 1,330 | 39,265 | 1,082 |
Supplemental disclosures: | |||||||||