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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating Activities    
Net income $ 2,684 $ 1,532
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 2,500 1,792
Provision for depreciation and amortization 1,547 1,709
Deferred income taxes (benefit) expense (261) 172
Amortization of securities premiums and accretion of discounts (net) 487 521
Gains on sales/calls of securities (net) (984) (34)
Other-than-temporary impairment losses on investment securities 649 0
Proceeds from sales and transfers of SBA loans originated for sale 0 1,969
Proceeds from sales of other loans originated for sale 7,908 17,289
Loans originated for sale (14,626) (13,887)
Gains on sales of loans originated for sale (229) (1,198)
Loss on write-down on foreclosed real estate 168 1,018
(Gains) losses on sales of foreclosed real estate (net) 98 (31)
Gain on disposal of premises and equipment (11) 0
Stock-based compensation 96 193
Amortization of deferred loan origination fees and costs (net) 636 522
Decrease in other assets 2,009 11,186
Decrease in other liabilities (791) (12,963)
Net cash provided by operating activities 1,880 9,790
Securities available for sale:    
Proceeds from principal repayments, calls and maturities 46,801 16,504
Proceeds from sales 208,683 86,765
Purchases (259,180) (135,439)
Securities held to maturity:    
Proceeds from principal repayments, calls and maturities 95,828 7,470
Proceeds from sales 968 0
Purchases (110,989) 0
Proceeds from sales of foreclosed real estate 983 645
Increase in loans receivable (net) (37,457) (70,530)
Redemption of restricted investment in bank stock (net) 837 1,028
Proceeds from sale of premises and equipment 11 1
Purchases of premises and equipment (148) (175)
Net cash used by investing activities (53,663) (93,731)
Financing Activities    
Increase in demand, interest checking, money market, and savings deposits (net) 25,877 61,067
Decrease in time deposits (net) (10,660) (8,276)
Increase in short-term borrowings (net) 28,900 42,050
Proceeds from dividend reinvestment and common stock purchase plan 15 1,057
Cash dividends on preferred stock (20) (20)
Net cash provided by financing activities 44,112 95,878
Increase in cash and cash equivalents (7,671) 11,937
Cash and cash equivalents at beginning of year 55,073 32,858
Cash and cash equivalents at end of period 47,402 44,795
Supplementary cash flow information:    
Transfer of loans to foreclosed assets $ 1,090 $ 976