| Net income |
605K |
| Amortization of securities discounts and premiums, net |
292K |
| Gain on sale of securities, net |
-106K |
| Accretion of net deferred loan fees |
-40K |
| Provision for loan losses |
| Origination of loans held for sale |
-18.77M |
| Proceeds from sales of loans held for sale |
22.18M |
| Gain on sale of loans held for sale, net |
-504K |
| Depreciation and amortization |
308K |
| Provision for losses on foreclosed real estate and other property owned |
| Gain on sale of foreclosed real estate, net |
-149K |
| Increase in cash surrender value of bank owned life insurance |
-30K |
| Increase in deferred income taxes, net |
| Equity-based compensation expense |
29K |
| Issuance of common stock under directors' compensation arrangements |
| Accrued interest receivable |
-83K |
| Other assets |
-593K |
| Accrued interest payable |
46K |
| Other liabilities |
-7.63M |
| Net cash provided by operating activities |
-3.35M |
| Purchases |
0 |
| Proceeds from maturities, calls and principal repayments |
2.59M |
| Proceeds from sale |
1.32M |
| Proceeds from sale of equity investment |
| Net decrease in loans |
1.64M |
| Purchase of premises and equipment |
-321K |
| Proceeds from sale of foreclosed real estate, net of capital improvements |
2.06M |
| Net cash provided by investing activities |
7.55M |
| Net decrease in deposits |
1.29M |
| Decrease in securities sold under agreement to repurchase |
| Proceeds from borrowed funds |
| Repayment of borrowed funds |
| Proceeds from common stock subscription |
| Dividends paid on preferred stock |
| Net cash used by financing activities |
-68K |
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
4.13M |
| Cash and cash equivalents, beginning of period |
19.99M |
| Cash and cash equivalents, end of period |
24.12M |
| Interest |
490K |
| Income taxes |
0 |
| Increase (decrease) in fair value of securities available for sale, net |
-35K |
| Acquisition of real estate in settlement of loans |
| Foreclosed real estate financed in-house |
| Preferred stock dividend accrued but not paid |
