| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||||
Net income | ||||||||
6,745 | 6,743 | 6,847 | 5,538 | 5,696 | 6,151 | 6,142 | 5,532 | 5,231 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||||
Depreciation | ||||||||
449 | 421 | 432 | 423 | 424 | 425 | 412 | 405 | 417 |
Amortization | ||||||||
144 | 151 | 317 | 38 | 113 | 88 | 80 | 102 | 112 |
Share-based compensation earned | ||||||||
64 | 64 | 64 | 50 | 49 | 50 | 50 | 46 | 47 |
Share-based board compensation earned | ||||||||
17 | -9 | 0 | 72 | 24 | 4 | 0 | 0 | 92 |
(Gain) Loss on other assets owned | ||||||||
5 | 2 | 27 | -31 | 20 | 15 | 216 | 18 | -6 |
Net (accretion) amortization on securities AFS | ||||||||
660 | 417 | 397 | 283 | 283 | 300 | 324 | 337 | 350 |
Net (accretion) amortization on securities HTM | ||||||||
- | - | - | - | - | 0 | 4 | 3 | 4 |
Gain on sale of securities AFS | ||||||||
383 | 13 | 5 | 0 | 0 | 0 | -9 | 0 | 41 |
Provision for loan losses | ||||||||
503 | 378 | 377 | 529 | 526 | 526 | 527 | 526 | 411 |
Deferred income tax (benefit) expense | ||||||||
-130 | -248 | -45 | -263 | 0 | - | - | - | - |
Net (increase) decrease in loans HFS | ||||||||
1,508 | 976 | -1,916 | 3,819 | -694 | 828 | -2,144 | 1,197 | 1,156 |
Net (increase) decrease in accrued interest receivable | ||||||||
-11 | 323 | -642 | 582 | -25 | -86 | 341 | 278 | -451 |
Net (increase) decrease in BOLI | ||||||||
-142 | -138 | -137 | -136 | -133 | -317 | -139 | -139 | -137 |
Net increase (decrease) in accrued interest payable | ||||||||
85 | 297 | -73 | 31 | 210 | 253 | 130 | -74 | -55 |
Other operating activities, net | ||||||||
-2,344 | -271 | -125 | 3,452 | -1,913 | -1,241 | 508 | 2,883 | -1,791 |
Net cash provided by (used in) operating activities | ||||||||
8,854 | 7,066 | 10,830 | -1,257 | 9,804 | 7,512 | 8,618 | 2,362 | 7,523 |
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||||
Activity in securities AFS: | ||||||||
Sales | ||||||||
31,160 | 23,859 | 35,000 | 0 | 0 | 0 | 2,114 | 0 | 3,168 |
Maturities, prepayments, and calls | ||||||||
18,400 | 17,800 | 16,045 | 16,250 | 17,005 | 12,811 | 13,833 | 12,840 | 13,208 |
Payments to Acquire Debt Securities, Available-for-sale | ||||||||
108,800 | 36,200 | 74,507 | 11,048 | 23,845 | 13,478 | 4,241 | 3,009 | 0 |
Activity in securities HTM: | ||||||||
Maturities, prepayments, and calls | ||||||||
- | - | - | - | - | 0 | 0 | 500 | 735 |
Purchase of nonmarketable equity securities | ||||||||
4 | 3 | 5 | 39 | 4 | 4 | 3 | 19 | 3 |
Net (increase) decrease in loans HFI | ||||||||
8,508 | 27,800 | 20,071 | 43,930 | 20,773 | -2,883 | 6,844 | 50,436 | 28,526 |
Proceeds from sales of foreclosed assets | ||||||||
299 | 262 | 569 | 0 | 333 | 102 | 1,216 | 64 | 7 |
Purchases of premises and equipment | ||||||||
410 | 2,370 | 228 | 407 | 767 | 3,262 | 961 | 959 | 250 |
Net cash used in investing activities | ||||||||
-67,914 | -24,365 | -43,229 | -39,174 | -28,051 | -80 | 5,114 | -41,019 | -11,661 |
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||||
Net increase (decrease) in deposits | ||||||||
6,662 | 44,269 | 42,261 | -56,544 | 45,551 | 39,847 | 45,397 | 6 | 34,348 |
Repayments of other borrowed funds | ||||||||
- | - | - | - | - | 46 | 46 | 45 | 45 |
Proceeds from exercise of stock options | ||||||||
8 | 0 | 0 | 0 | 80 | 6 | 18 | 29 | 0 |
Cash dividends | ||||||||
439 | 0 | 0 | 0 | 1,326 | 0 | 0 | 0 | 1,009 |
Net cash provided by financing activities | ||||||||
6,231 | 44,269 | 37,106 | -35,918 | 44,305 | 35,217 | 45,369 | -10 | 33,294 |
Net change in cash and cash equivalents | ||||||||
-52,829 | 26,970 | 4,707 | -76,349 | 26,058 | 42,649 | 59,101 | -38,667 | 29,156 |
SUPPLEMENTAL DISCLOSURES | ||||||||
Cash paid during the year for: | ||||||||
Interest | ||||||||
2,407 | 2,144 | 2,660 | 2,575 | 2,242 | 1,961 | 1,840 | 1,877 | 1,717 |
Income taxes | ||||||||
0 | 1,637 | 1,326 | 3,323 | 0 | 1,306 | 1,728 | 2,469 | 0 |
Initial measurement and recognition of operating lease assets in exchange for lease liabilities | ||||||||
0 | 0 | 0 | 0 | 4,954 | 0 | 0 | 0 | 0 |
SUPPLEMENTAL INFORMATION FOR NON-CASH INVESTING AND FINANCING ACTIVITIES | ||||||||
Assets acquired in settlement of loans | ||||||||
23 | - | - | - | 81 | - | - | - | - |
Unsettled securities AFS purchases at period-end | ||||||||
1,741 | - | - | - | 1,314 | - | - | - | - |