| 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 | ||||||||
3,998 | 2,569 | 2,581 | 3,611 | 3,415 | - | - | - | - |
Adjustments to reconcile net income to net cash provided by operations: | ||||||||
Net income | ||||||||
- | - | - | - | - | 2,729 | 4,596 | 1,919 | -3,873 |
Depreciation and amortization | ||||||||
678 | 726 | 754 | 762 | 657 | 539 | 508 | 538 | 609 |
Provision for loan losses | ||||||||
561 | 1,142 | 1,082 | 0 | - | 125 | 1,408 | 1,222 | 6,453 |
Amortization of premium on securities, net | ||||||||
-409 | -465 | -591 | -575 | -577 | -2,261 | -774 | -498 | -329 |
Amortization of discount on subordinated notes | ||||||||
31 | 30 | 30 | 1 | - | - | - | - | - |
Losses on sales and write-downs of other real estate, net | ||||||||
-334 | -581 | -495 | -346 | 10 | -582 | -566 | -333 | - |
Gains on sales of investment securities | ||||||||
60 | 69 | - | - | - | - | - | - | - |
Increase in value of life insurance contracts | ||||||||
202 | 200 | - | - | - | - | - | - | - |
Loss on sales and writedowns of other real estate, net | ||||||||
- | - | - | - | - | - | - | - | 77 |
Gains on sales of investment securities | ||||||||
- | - | 257 | 52 | 128 | 152 | 131 | 196 | - |
Gain on sale of building | ||||||||
- | - | - | 348 | - | - | - | - | - |
Net losses on fixed assets disposals | ||||||||
- | - | -13 | -3 | - | -114 | -12 | - | - |
Income from life insurance death benefit | ||||||||
642 | - | 184 | 163 | 104 | 18 | - | - | - |
Stock compensation expense | ||||||||
315 | 148 | 147 | 137 | 58 | 36 | 29 | 22 | 50 |
Originations of loans held for sale | ||||||||
25,394 | 33,611 | 25,897 | 24,690 | 8,906 | - | - | - | - |
Proceeds from sales of loans held for sale | ||||||||
27,405 | 33,392 | 27,488 | 23,816 | 8,836 | - | - | - | - |
Gains on sales of loans held for sale | ||||||||
509 | 690 | 626 | 527 | 172 | - | - | - | - |
Changes in assets and liabilities: | ||||||||
Accrued income | ||||||||
-382 | 392 | 232 | 133 | 47 | 287 | 218 | 150 | 123 |
Other assets | ||||||||
439 | 53 | -96 | 277 | 53 | -945 | -1,039 | -649 | -421 |
Deferred taxes, net | ||||||||
208 | 123 | 56 | -50 | -856 | -1,272 | 2,926 | - | - |
Accrued interest payable | ||||||||
35 | -18 | 14 | 100 | -14 | -46 | -103 | -331 | -302 |
Other liabilities | ||||||||
558 | 343 | 229 | -193 | 870 | -602 | -104 | 9 | 161 |
Net cash flows provided by operating activities | ||||||||
- | - | - | 3,018 | - | - | - | - | - |
Net cash flows provided by operating activities | ||||||||
7,252 | 4,240 | 6,268 | - | 5,835 | 7,498 | 5,450 | 4,513 | 3,648 |
Cash flows from investing activities: | ||||||||
Net increase in federal funds sold | ||||||||
-14 | -138 | 1,287 | -680 | 89 | -542 | 10,167 | 10,513 | -968 |
Purchases of available for sale securities | ||||||||
900 | 23,403 | 15,829 | 9,394 | 9,428 | 18,739 | 18,639 | 44,570 | 32,774 |
Sales, maturities, and calls of available for sale securities | ||||||||
10,071 | 20,544 | 14,379 | 10,840 | 13,895 | 19,124 | 24,802 | - | - |
Redemptions (purchase) of restricted equity securities, net | ||||||||
-130 | 158 | -322 | 59 | -88 | -27 | 201 | - | - |
Sales, maturities, and calls of available for sale securities | ||||||||
- | - | - | - | - | - | - | 28,155 | 27,160 |
Redemption (purchase) of restricted equity securities, net | ||||||||
- | - | - | - | - | - | - | -189 | - |
Repurchase (purchase) of restricted equity securities, net | ||||||||
- | - | - | - | - | - | - | - | 32 |
Net increase in loans | ||||||||
28,291 | 27,248 | 52,858 | 35,713 | 35,655 | 24,803 | 29,120 | -4,873 | 18,089 |
Proceeds from sales of other real estate | ||||||||
1,719 | 988 | 1,429 | 1,403 | 1,206 | 1,826 | 1,723 | 764 | 373 |
Purchases of bank owned life insurance | ||||||||
- | 1,000 | 1,000 | 2,500 | - | 3,500 | - | - | - |
Death benefit from bank owned life insurance | ||||||||
1,316 | - | - | - | - | - | - | - | - |
Purchases of property and equipment | ||||||||
684 | 292 | 130 | 370 | 1,921 | 3,063 | 692 | 1,348 | 1,184 |
Proceeds from disposals of property and equipment | ||||||||
- | - | - | 845 | - | 9 | - | - | - |
Net cash flows used in investing activities | ||||||||
- | - | - | -35,628 | - | - | - | - | - |
Net cash flows used in investing activities | ||||||||
-16,653 | -30,707 | -52,400 | - | -31,726 | -29,661 | -11,960 | -1,424 | -25,514 |
Cash flows from financing activities: | ||||||||
Net increase in noninterest-bearing deposits | ||||||||
10,588 | 15,602 | 14,086 | 26,042 | 4,994 | 13,605 | 5,805 | 9,411 | -3,114 |
Net increase in interest-bearing deposits | ||||||||
5,265 | 10,870 | 37,216 | 10,909 | 17,831 | 16,168 | -3,444 | -2,268 | 31,958 |
Net increase in short-term borrowings | ||||||||
- | - | - | - | - | 42 | -233 | 168 | -433 |
Net increase (decrease) in FHLB borrowings | ||||||||
-3,084 | 3,028 | -14,000 | 2,000 | -2,000 | - | - | - | - |
Issuance of subordinated notes, net | ||||||||
- | - | - | 7,193 | - | - | - | - | - |
Net increase (decrease) in other borrowings | ||||||||
-1,475 | 441 | -1,244 | 1,939 | - | - | - | - | - |
Distribution of equity of non-controlling interest | ||||||||
204 | - | - | - | - | - | - | - | - |
Common stock cash dividends paid | ||||||||
697 | - | - | - | - | - | - | - | - |
Exercise of stock options | ||||||||
85 | 31 | 0 | - | - | - | - | - | - |
Net increase (decrease) in other borrowings | ||||||||
- | - | - | - | 164 | - | - | - | - |
Net increase in equity of non-controlling interest | ||||||||
- | - | - | 317 | - | - | - | - | - |
Net increase (decrease) in long-term FHLB borrowings | ||||||||
- | - | - | - | - | - | -3,000 | 2,350 | 8,850 |
Preferred stock issue, net | ||||||||
- | - | - | - | - | 13,293 | - | - | - |
Preferred stock redeemed | ||||||||
- | - | - | - | - | 10,374 | - | - | - |
Preferred stock dividend payment | ||||||||
- | - | 408 | 840 | 840 | 846 | 1,335 | - | 267 |
Net settlement of restricted stock and cash in lieu of fractional shares | ||||||||
20 | 20 | 34 | 0 | - | - | - | - | - |
Net cash flows provided by financing activities | ||||||||
10,458 | 29,952 | 35,616 | - | 20,149 | 31,888 | 3,793 | 4,961 | 19,294 |
Net cash flows provided by financing activities | ||||||||
- | - | - | 47,560 | - | - | - | - | - |
Net increase (decrease) in cash and cash equivalents | ||||||||
- | - | - | 14,950 | - | - | - | - | - |
Net increase in cash and cash equivalents | ||||||||
1,057 | 3,485 | -10,516 | - | -5,742 | 9,725 | -2,717 | 8,050 | -2,572 |
Supplemental disclosure of cash flow information: | ||||||||
Cash payments for interest | ||||||||
3,665 | 3,064 | 2,974 | - | - | - | - | - | - |
Cash payments for interest | ||||||||
- | - | - | 2,211 | 2,132 | 2,268 | 2,842 | 4,665 | 5,740 |
Cash payments for income taxes | ||||||||
1,245 | 1,461 | 1,368 | 2,201 | 42 | 38 | 73 | - | 0 |
Supplemental disclosure of noncash investing and financing activities: | ||||||||
Transfer from loans to other real estate owned | ||||||||
697 | 1,024 | 481 | 0 | 1,520 | 1,613 | 1,665 | 7,683 | - |
Change in unrealized gains and losses on available for sale securities | ||||||||
-848 | -94 | - | - | - | - | - | - | - |
Transfer from other real estate to fixed assets | ||||||||
- | - | - | - | 1,481 | - | - | - | 2,565 |
Change in unrealized gains and losses on available for sale securities | ||||||||
- | - | -685 | -90 | 1,597 | -3,050 | - | 1,491 | -34 |
Conversion of preferred stock to common stock | ||||||||
- | - | 12,893 | 400 | - | - | - | - | - |