| Jun'19 | Mar'19 | Dec'18 | Sep'18 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||||||||||||
Net income | |||||||||||||||||||||
2,531 | 2,218 | 2,835 | 2,078 | 2,390 | 2,022 | 1,741 | 2,771 | 1,601 | 1,802 | 1,728 | 1,761 | 1,363 | 1,487 | 1,451 | 130 | 1,230 | 1,012 | 1,014 | 1,251 | 1,374 | 923 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||||||
Amortization of securities premiums, net of accretion | |||||||||||||||||||||
-48 | -49 | -59 | -68 | -80 | -67 | -122 | -220 | -206 | -192 | -222 | -214 | -212 | -201 | -200 | -222 | -222 | -216 | -237 | -1,133 | 231 | 220 |
ESOP expense | |||||||||||||||||||||
145 | 136 | 150 | 166 | 147 | 150 | 143 | 126 | 128 | 114 | 102 | 95 | 85 | 77 | - | - | - | - | - | - | - | - |
Gain on sale of securities, net | |||||||||||||||||||||
0 | 113 | - | - | - | - | 3,521 | 1,851 | 58 | 482 | 215 | 438 | 17 | 20 | 0 | 215 | 21 | 81 | 4 | 848 | -328 | -96 |
Change in deferred loan fees, net | |||||||||||||||||||||
-72 | -285 | -277 | -71 | -57 | 27 | -36 | -316 | 5 | -71 | -126 | 49 | 50 | -23 | -87 | 42 | 37 | 14 | -44 | 111 | -44 | 13 |
Provision for loan losses | |||||||||||||||||||||
1,354 | 1,462 | 614 | 1,421 | 638 | 656 | 462 | 1,012 | 892 | 563 | 219 | 163 | 210 | 111 | 160 | 174 | 193 | 278 | 531 | 187 | 345 | 389 |
Depreciation and amortization | |||||||||||||||||||||
364 | 404 | 171 | 180 | 185 | 185 | 185 | 206 | 212 | 208 | 204 | 209 | 212 | 207 | 164 | 187 | 181 | 181 | 189 | 180 | 199 | 199 |
Increase in accrued interest receivable | |||||||||||||||||||||
55 | 533 | 54 | 90 | 224 | -75 | -290 | 103 | 199 | 13 | 302 | -165 | -37 | -31 | 250 | -101 | 37 | 9 | 141 | 15 | -65 | 8 |
Increase in taxes receivable | |||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 60 | -134 | 7 | - | - | - | - | - | - | - | - |
(Increase) decrease in taxes receivable | |||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | -1,025 | 755 | 516 | -392 | -580 | -367 | -152 | 308 |
Deferred tax benefit | |||||||||||||||||||||
0 | -185 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Share-based compensation expense | |||||||||||||||||||||
245 | 265 | 233 | 215 | 240 | 240 | 235 | 231 | 229 | 231 | - | - | - | - | - | - | - | - | - | - | - | - |
Increase in cash surrender value of life insurance | |||||||||||||||||||||
173 | 177 | 171 | 172 | 172 | 171 | 178 | 168 | 149 | 150 | 143 | 147 | 146 | 166 | 164 | 96 | 96 | 96 | 102 | 466 | -83 | -105 |
Principal repayments of operating lease obligations | |||||||||||||||||||||
18 | 18 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Increase in other assets | |||||||||||||||||||||
-1,629 | -175 | 3,265 | -471 | -618 | 611 | 1,360 | 179 | -208 | -295 | - | - | - | -40 | 496 | 304 | 764 | -1,125 | 758 | 1,083 | 345 | -832 |
(Decrease) increase in other liabilities | |||||||||||||||||||||
963 | 1,166 | 1,460 | -361 | -2,376 | 664 | 872 | -1,172 | 524 | 315 | 900 | -852 | 269 | -154 | -549 | -335 | 539 | 575 | -277 | 929 | -241 | -50 |
Net cash provided by operating activities | |||||||||||||||||||||
1,912 | 2,452 | 4,684 | 3,827 | 5,099 | 3,144 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash flows from investing activities: | |||||||||||||||||||||
Net cash provided by operating activities | |||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 1,926 | 2,041 | 2,952 | 1,543 | 2,072 | 2,900 | 2,396 | 1,344 | 179 | 2,490 | 2,600 | 1,581 | 977 |
Purchases of available-for-sale securities | |||||||||||||||||||||
0 | 13,729 | - | - | - | - | 1 | 630 | 1,172 | 11,318 | - | - | - | - | 16,426 | 544 | 584 | 287 | 10,872 | 0 | 709 | 447 |
Proceeds from sales of available-for-sale securities | |||||||||||||||||||||
0 | 13,565 | - | - | - | - | 45,344 | 10,294 | 66 | 1,555 | 374 | 2,512 | 376 | 24 | 0 | 502 | 26 | 211 | 10,660 | 0 | 1,435 | 258 |
Proceeds from pay downs, maturities and calls of available-for-sale securities | |||||||||||||||||||||
1,784 | 2,071 | 1,610 | 2,367 | 2,296 | 2,359 | 2,596 | 3,891 | 3,193 | 4,346 | 3,793 | 5,618 | 3,488 | 2,480 | 2,343 | 2,892 | 2,996 | 2,682 | 3,149 | 3,563 | 3,766 | 3,470 |
Proceeds from pay downs, maturities and calls of held-to-maturity securities | |||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 220 | - | - | - | - | 589 | 175 | 0 | 1,281 |
Purchase of Federal Home Loan Bank stock, net of redemptions | |||||||||||||||||||||
321 | 865 | 725 | -231 | -10 | 312 | -1,883 | 729 | -886 | 1,107 | - | - | - | - | - | - | - | - | - | - | - | - |
Redemption of Federal Home Loan Bank Stock | |||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 20 | 923 | - | - | - | - | - | - | - | - |
Loan originations and purchases, net of paydowns | |||||||||||||||||||||
27,283 | 25,488 | 56,103 | 14,679 | 10,918 | 18,373 | -5,901 | 47,780 | 52,098 | 27,083 | 35,380 | 9,604 | 24,583 | 682 | - | - | - | - | 2,865 | 0 | 6,956 | 750 |
Proceeds from sales of foreclosed real estate | |||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Additions to premises and equipment | |||||||||||||||||||||
1,748 | 1,950 | 1,320 | 785 | 236 | 58 | 16 | 120 | 208 | 3,082 | 169 | 15 | 7 | 682 | 1,570 | 122 | 107 | 20 | 79 | 334 | 139 | 24 |
Additions to assets held-for-sale | |||||||||||||||||||||
- | - | 0 | 0 | 0 | 147 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Loan originations and principal collections, net | |||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 33,408 | 19,826 | 8,808 | -460 | - | - | - | - |
Loan originations and principal collections, net | |||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -7,254 | -7,622 | -15,458 |
Recoveries of loans previously charged off | |||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 3 | 9 | 14 | 17 | 10 | 8 | 2 | 9 | 4 | 21 | 25 |
Additions to other real estate owned | |||||||||||||||||||||
20 | 44 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in investing activities | |||||||||||||||||||||
-27,503 | -26,440 | -56,590 | -12,866 | -8,848 | -16,531 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash flows from financing activities: | |||||||||||||||||||||
Net cash used in investing activities | |||||||||||||||||||||
- | - | - | - | - | - | - | - | - | -36,689 | -40,177 | -2,603 | -21,066 | 2,297 | -51,007 | -20,535 | -6,469 | 3,048 | -14,450 | -2,451 | -11,357 | -11,645 |
Net (decrease) increase in demand deposits, NOW and savings accounts | |||||||||||||||||||||
10,754 | -15,544 | 10,652 | -5,385 | 40,400 | -22,826 | 55,127 | 18,140 | 30,570 | 6,911 | 23,861 | 11,567 | 25,443 | 23,192 | 11,585 | -7,632 | 36,538 | 21 | 6,164 | -2,773 | 23,713 | 438 |
Net increase (decrease) increase in time deposits | |||||||||||||||||||||
17,371 | 22,725 | 5,974 | 2,586 | -5,836 | -7,526 | -30,343 | 5,783 | -9,817 | 45,704 | -6,210 | -8,565 | -14,483 | -4,058 | 7,801 | -6,047 | -2,963 | 1,248 | -2,527 | 1,102 | -43 | 2,306 |
Proceeds from advances from the Federal Home Loan Bank | |||||||||||||||||||||
- | - | - | - | - | - | 0 | 0 | 0 | 7,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Net change in short-term borrowings | |||||||||||||||||||||
2,021 | 11,920 | 38,120 | -9,979 | -15,330 | 18,370 | -51,524 | 18,290 | 27,205 | -23,988 | 14,512 | 2,511 | -1,988 | -27,988 | 40,011 | -225 | -24,000 | 2,400 | 6,600 | -10,000 | -2,000 | 7,000 |
Purchase of treasury stock | |||||||||||||||||||||
- | - | - | - | - | - | 102 | 109 | 161 | 222 | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash provided by financing activities | |||||||||||||||||||||
30,146 | 19,101 | 54,531 | -12,778 | 29,234 | -11,982 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Preferred stock dividends | |||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 38 | 44 | 41 | 44 | 43 | 85 | 0 | 44 |
Net cash (used in) provided by financing activities | |||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 35,405 | 26,051 | 5,513 | 20,472 | -8,854 | 42,214 | -9,313 | 42,524 | 3,625 | 10,194 | -11,756 | 18,319 | 9,700 |
Net (decrease) increase in cash and cash equivalents | |||||||||||||||||||||
4,555 | -4,887 | 2,625 | -21,817 | 25,485 | -25,369 | 30,112 | 5,641 | 589 | 642 | -12,085 | 5,862 | 949 | -4,485 | -5,893 | -27,452 | 37,399 | 6,852 | -1,766 | -11,607 | 8,543 | -968 |
Supplemental disclosures: | |||||||||||||||||||||
Interest paid | |||||||||||||||||||||
2,131 | 1,995 | 1,610 | 1,388 | 1,230 | 1,098 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest paid | |||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 788 | 682 | 720 | 688 | 687 | 504 | 571 | 529 | 558 | 647 | 543 | 634 | 515 |
Income taxes paid | |||||||||||||||||||||
2,101 | 290 | - | - | - | - | 3,448 | 1,285 | 1,834 | 100 | 716 | 880 | 1,400 | 82 | 583 | 622 | 976 | 2 | 653 | 556 | 332 | 14 |
Recognition of right-of-use assets in premises and equipment (1) | |||||||||||||||||||||
0 | 3,836 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Recognition of operating lease liabilities | |||||||||||||||||||||
0 | 3,938 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Reclassification of accrued rent from other liabilities to premises and equipment (1) | |||||||||||||||||||||
0 | 102 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Assets held-for-sale transferred to premises and equipment | |||||||||||||||||||||
- | - | - | 0 | 0 | 3,433 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |