| 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 | |||||||||
Net income | |||||||||
15,272 | 11,228 | 7,208 | 7,331 | 6,343 | 6,490 | 6,651 | 4,990 | 3,161 | 4,765 |
Adjustments to reconcile net income to net cash provided by operating activities | |||||||||
Provision for loan losses | |||||||||
2,130 | 1,405 | 1,010 | 2,359 | 1,433 | 2,653 | 940 | 2,529 | 4,087 | 3,933 |
Depreciation and amortization | |||||||||
1,637 | 1,679 | 1,598 | 1,544 | 1,439 | 1,299 | 1,274 | 1,173 | 904 | 1,042 |
Provision for loss on premises held for sale | |||||||||
-1 | - | - | - | - | - | - | - | - | - |
Provision for loss on premises held for sale | |||||||||
- | - | - | - | -426 | - | - | - | -22 | - |
Loans originated for resale | |||||||||
0 | 0 | 2,529 | - | 4,192 | 13,579 | 23,283 | 14,079 | 9,747 | 14,248 |
Proceeds from sale of loans originated for sale | |||||||||
0 | 0 | 2,823 | - | 4,296 | 13,990 | 23,773 | 14,606 | 9,968 | 14,653 |
Gain on sale of loans held for sale | |||||||||
0 | 0 | 294 | - | 104 | 493 | 627 | 629 | 286 | 470 |
Net losses (gains) on the sale of OREO | |||||||||
188 | -8 | 43 | -436 | -20 | 322 | 179 | 88 | 454 | - |
Gains on sales of investment securities | |||||||||
226 | 0 | 175 | 31 | 4 | 19 | - | - | - | - |
Equity Securities, FV-NI, Unrealized Gain (Loss) | |||||||||
134 | -81 | 0 | - | - | - | - | - | - | - |
Gain on sales of investment securities | |||||||||
- | - | - | - | - | - | - | -157 | 0 | - |
Gains on sales of AFS investment securities | |||||||||
- | - | - | - | - | - | - | 153 | 0 | - |
Gain (Loss) on Disposition of Other Assets | |||||||||
0 | 1 | 47 | 12 | 19 | 7 | 11 | - | - | - |
Gain on sale of asset | |||||||||
- | - | - | - | - | - | - | - | 22 | 22 |
Net amortization of premium/discount on investment securities | |||||||||
96 | -215 | -393 | -509 | -245 | -344 | -540 | -470 | -245 | 177 |
Net accretion of merger accounting adjustments | |||||||||
864 | 750 | 0 | - | - | - | - | - | - | - |
Amortization of core deposit intangible | |||||||||
688 | 784 | 0 | - | - | - | - | - | - | - |
Net change in right of use assets and lease liabilities | |||||||||
113 | - | - | - | - | - | - | - | - | - |
Increase in OREO valuation allowance | |||||||||
901 | 532 | 599 | 574 | 664 | 234 | 601 | 674 | 1,963 | 287 |
Increase in cash surrender value of bank owned life insurance | |||||||||
885 | 898 | 773 | 789 | 815 | 671 | 620 | 632 | 650 | 504 |
Increase in deferred income tax benefit | |||||||||
-748 | -290 | 1,887 | -555 | -750 | 1,138 | -117 | -869 | -646 | -761 |
Increase in accrued interest receivable | |||||||||
62 | 34 | 532 | 761 | 182 | 62 | 70 | -123 | 243 | -140 |
Stock based compensation | |||||||||
329 | 474 | 515 | 489 | 319 | 182 | 216 | 389 | 253 | - |
Net change due to deficit of fair market value over cost of leveraged ESOP shares released | |||||||||
-3 | 33 | 110 | - | - | - | - | - | - | - |
Increase in net deferred loan costs | |||||||||
696 | 96 | 689 | 1,552 | -85 | -265 | -307 | -132 | 139 | 38 |
Increase in accrued expenses and other liabilities | |||||||||
660 | 1,360 | 322 | 1,414 | 1,770 | -1,060 | 489 | 639 | 1,387 | 1,124 |
Decrease in other assets | |||||||||
2,139 | -3,670 | 1,281 | -1,959 | -1,523 | -251 | 1,377 | -2,599 | -542 | 898 |
Net cash provided by operating activities | |||||||||
- | - | - | - | - | 10,633 | - | - | - | - |
Net Cash Provided by Operating Activities | |||||||||
15,690 | 19,400 | 10,102 | 12,915 | 12,497 | - | 8,507 | 12,031 | 10,322 | 8,827 |
Cash Flows from Investing Activities | |||||||||
Purchase of AFS investment securities | |||||||||
49,951 | 66,137 | 26,251 | 31,312 | 2,084 | 3,253 | 13,517 | 25,542 | 18,994 | 129 |
Proceeds from redemption or principal payments of AFS investment securities | |||||||||
18,387 | 8,881 | 7,110 | 5,653 | 8,986 | 8,111 | 10,476 | 17,962 | 11,983 | 19,522 |
Purchase of HTM investment securities | |||||||||
11,471 | 11,130 | 13,135 | 24,504 | 42,949 | 16,230 | 11,683 | 16,357 | 72,541 | 93,208 |
Proceeds from maturities or principal payments of HTM investment securities | |||||||||
24,043 | 16,995 | 18,048 | 23,564 | 17,860 | 14,020 | 37,551 | 53,485 | 45,712 | 56,463 |
Proceeds from sale of HTM investment securities | |||||||||
0 | 0 | 4,947 | 710 | 66 | 6,209 | - | 3,642 | 0 | - |
Proceeds from disposal of asset | |||||||||
- | - | - | - | - | 20 | 11 | - | - | - |
Proceeds from sale of AFS investment securities | |||||||||
31,889 | 34,919 | 3,702 | 6,546 | - | - | - | 1,626 | 0 | - |
Net increase of FHLB stock | |||||||||
-374 | -3,659 | 41 | 303 | 497 | 842 | 117 | -111 | -728 | -619 |
Purchase of bank owned life insurance policies | |||||||||
- | - | - | - | - | 7,000 | - | - | - | 6,000 |
Loans originated or acquired | |||||||||
485,002 | 346,321 | 325,155 | 411,564 | 258,844 | 261,971 | 275,037 | 246,256 | 269,796 | 244,552 |
Principal collected on loans | |||||||||
373,165 | 289,690 | 260,303 | 234,587 | 205,100 | 193,113 | 220,810 | 203,352 | 204,254 | 193,319 |
Proceeds from disposal of asset | |||||||||
- | - | - | - | - | - | - | - | - | 22 |
Purchase of premises and equipment | |||||||||
808 | 1,777 | 779 | 3,970 | 3,450 | 2,355 | 1,035 | 4,514 | 5,212 | 1,187 |
Proceeds from sale of OREO | |||||||||
2,912 | 996 | 1,300 | 3,423 | 1,184 | 3,742 | 1,300 | 345 | 9,952 | - |
Payments to Acquire Businesses, Net of Cash Acquired | |||||||||
0 | 32,287 | 0 | - | - | - | - | - | - | - |
Proceeds from disposal of asset | |||||||||
0 | 1,748 | 387 | 2,044 | 34 | - | - | - | - | - |
Net cash used in investing activities | |||||||||
- | - | - | - | - | -66,436 | - | - | - | - |
Proceeds from sale of assets | |||||||||
- | - | - | - | -426 | - | - | - | - | - |
Net Cash Used in Investing Activities | |||||||||
-96,462 | -36,190 | -69,564 | -195,126 | -74,594 | - | -31,241 | -12,146 | -93,890 | -75,128 |
Net Cash Provided by (Used in) Financing Activities [Abstract] | |||||||||
Net increase in deposits | |||||||||
82,208 | 124,169 | 67,412 | 131,925 | 37,515 | 48,089 | 1,064 | -7,023 | 102,670 | 84,163 |
Proceeds from long-term debt | |||||||||
35,000 | 20,000 | 10,000 | 15,000 | - | 5,000 | 15,000 | - | - | 15,000 |
Payments of long-term debt | |||||||||
15,066 | 55,100 | 20,061 | 5,058 | 19,055 | 804 | 5,051 | 49 | 10,047 | 20,045 |
Net increase in short term borrowings | |||||||||
-30,000 | -52,500 | 8,500 | 43,000 | 34,000 | 2,000 | -1,000 | 1,000 | -816 | -12,264 |
Proceeds from Stock Options Exercised | |||||||||
0 | 0 | 155 | - | - | 226 | 317 | 83 | 121 | 147 |
Proceeds from private placement | |||||||||
10,632 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from public offering | |||||||||
- | - | - | - | - | - | 27,387 | - | - | - |
Proceeds from subordinated notes | |||||||||
- | - | - | - | 23,000 | - | - | - | - | - |
Redemption of Small Business Lending Fund Preferred Stock | |||||||||
- | - | - | - | 20,000 | - | - | - | - | - |
Proceeds from Small Business lending Fund Preferred Stock | |||||||||
- | - | - | - | - | - | - | - | 20,000 | - |
Redemption of Troubled Asset Relief Program Preferred Stock | |||||||||
- | - | - | - | - | - | - | - | -16,317 | - |
Excess tax benefits on stock based compensation | |||||||||
- | - | - | - | - | - | - | - | - | 4 |
Dividends paid | |||||||||
2,668 | 2,163 | 1,804 | 1,814 | 1,916 | 2,055 | 1,579 | 1,422 | 1,932 | 2,043 |
Net change in unearned ESOP shares | |||||||||
116 | 37 | -586 | 147 | 146 | 201 | 355 | -2 | -406 | -62 |
Repurchase of common stock | |||||||||
17 | 70 | 0 | 865 | 1,827 | - | 536 | 294 | 409 | 24 |
Net cash provided by financing activities | |||||||||
- | - | - | - | - | 52,657 | - | - | - | - |
Net Cash Provided by Financing Activities | |||||||||
80,205 | 34,409 | 63,616 | 182,335 | 51,863 | - | 35,957 | -7,707 | 92,862 | 64,876 |
Decrease in Cash and Cash Equivalents | |||||||||
-567 | 17,619 | 4,154 | - | - | - | - | - | - | - |
Increase in Cash and Cash Equivalents | |||||||||
- | - | - | 124 | -10,234 | -3,146 | 13,223 | -7,822 | 9,294 | -1,424 |
Supplemental Cash Flow Information [Abstract] | |||||||||
Cash Paid During the Period [Abstract] | |||||||||
Interest | |||||||||
18,914 | 14,246 | 10,001 | 7,993 | 6,799 | - | - | - | - | - |
Supplemental Schedule of Non Cash Operating Activities | |||||||||
Interest | |||||||||
- | - | - | - | - | 6,661 | 7,648 | 10,653 | 13,223 | 13,808 |
Income taxes | |||||||||
6,503 | 3,494 | 7,453 | 5,325 | 3,604 | 3,732 | 4,069 | 2,226 | 2,381 | 4,597 |
Supplemental Schedule of Non-Cash Operating Activities | |||||||||
Issuance of common stock for payment of compensation | |||||||||
207 | 387 | 203 | 575 | 319 | 182 | 249 | 389 | 253 | - |
Transfer from loans to OREO | |||||||||
3,567 | 307 | 3,634 | 3,120 | 5,436 | 2,742 | 1,852 | 4,020 | 7,878 | 11,480 |
Financed amount of sale of OREO | |||||||||
280 | 0 | 200 | 2,176 | - | 1,000 | - | - | - | - |
Right-of-use assets acquired in the exchange for lease liability upon adoption of ASC 842 | |||||||||
8,933 | 0 | 0 | - | - | - | - | - | - | - |
Transfer of OREO to premises and equipment | |||||||||
- | - | - | 372 | - | - | - | - | - | - |
Transfer from premises and equipment to premises and equipment held for sale | |||||||||
430 | 0 | 0 | 345 | 2,426 | - | - | - | - | - |
Transfer of held-to-maturity securities to available for sale securities | |||||||||
83,128 | 0 | 0 | - | - | - | - | - | - | - |
Business Combination Non-Cash Disclosures | |||||||||
Assets acquired in business combination (net of cash received) | |||||||||
0 | 192,259 | 0 | - | - | - | - | - | - | - |
Liabilities assumed in business combination | |||||||||
0 | 200,660 | 0 | - | - | - | - | - | - | - |
Transfer of OREO to loans | |||||||||
- | - | - | - | - | - | - | 1,038 | 3,177 | - |