As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2016 USD 2017 Q3 YTD 9/30/2017 USD
Source Document Currency Code 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2016 USD 2017 Q3 YTD 9/30/2017 USD

Operating Activities

Net income 2,612 2,651 3,224 3,580 2,766

Items not requiring (providing) cash

Depreciation and amortization 981 960 934 819 683
Amortization of intangible assets 119 119 66 0 NA
Expense related to share based compensation plans 198 163 164 147 104
Provision for loan losses 1,241 888 553 301 75
Provision for losses on foreclosed real estate 240 98 60 6 0
Bank-owned life insurance 523 (236) (763) (313) (227)
Accrued interest receivable 54 193 26 (37) NA
Other assets 943 (937) (864) (34) NA
Accretion of premiums and discounts on securities, net (21) 3 1 (1) 0
Gain on sale of available-for-sale securities 0 (27) (32) 0 NA
Originations of loans held for sale (2,304) (1,530) (2,370) (4,451) (3,772)
Proceeds from sale of loans held for sale 2,362 1,560 2,412 4,548 3,860
Realized gains on sales of loans (58) (30) (42) (97) (88)
Amortization of ESOP 165 191 196 231 210
Realized losses on sales of other real estate and repossessed assets 13 (26) 12 4 12
Realized gains on sale of Bankers Bancshares, Inc. NA NA 0 (162) 0
Amortization of mortgage servicing rights 24 15 13 12 5
Deferred income taxes (327) 120 (175) 82 NA
Net change in accrued interest receivable and other assets NA NA NA NA (1,660)
Net change in accrued expenses and other liabilities 405 7 860 (458) 773
Net cash provided by operating activities 7,170 4,182 4,275 4,177 2,741

Investing Activities

Securities available for sale

Maturities, prepayments and calls NA NA 41,331 36,389 7,249
Purchases (18,000) (9,300) (56,997) (42,000) (6,248)
Proceeds from sale of available-for-sale securities NA 562 355 0 0

Securities held to maturity

Maturities, prepayments and calls 25,127 16,677 NA NA 0
Proceeds from maturity of held-to-maturity securities 1,834 505 450 0 NA
Net change in loans (14,846) (7,343) (14,382) (27,468) (3,909)
Mandatory redemption of Federal Home Loan Bank stock 0 600 NA NA NA
Proceeds from sale of Great Lake Bankers Bank stock NA NA 0 208 0
Purchases of premises and equipment (1,318) (309) (1,310) (2,257) (674)
Proceeds from sale of other real estate and repossessed assets and premise and equipment 185 730 710 124 9
Net cash used by investing activities (7,018) 2,122 (29,843) (35,004) (3,573)

Financing Activities

Net change in deposits (39,776) 12,040 941 15,181 42,048
Proceeds of Federal Home Loan Bank advances NA NA NA 19,500 NA
Net change in short-term borrowings (4,935) (648) 593 3,701 6,795
Repayment of Federal Home Loan Bank advances (5,449) (272) (189) (6,175) NA
Net change in Federal Home Loan Bank overnight borrowings NA NA NA NA (19,500)
Repayments of long-term borrowings NA NA NA NA (15,098)
Cash dividends paid on common stock (1,556) (1,773) (2,259) (2,540) (1,846)
Treasury stock -net (70) 39 19 0 NA
Net cash provided by financing activities (51,786) 9,386 (895) 29,667 12,399
Increase (Decrease) in Cash and Cash Equivalents (51,634) 15,690 (26,463) (1,160) 11,567
Cash and Cash Equivalents, Beginning of Period 75,108 23,474 39,164 12,701 11,541
Cash and Cash Equivalents, End of Period 23,474 39,164 12,701 11,541 23,108

Supplemental Cash Flows Information

Interest paid on deposits and borrowings 3,082 2,476 2,271 1,796 1,370
Federal income taxes paid 613 1,280 1,180 1,133 448

Supplemental Disclosure of Non-Cash Investing and Financing Activities

Transfers from loans to foreclosed assets held for sale 830 261 0 111 NA
Vesting of restricted stock 0 203 39 90 NA
Unrealized (losses) gain on securities designated as available for sale, net of related tax effects (765) 459 NA NA NA
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