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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating Activities    
Net income $ 5,446 $ 3,524
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 5,450 3,492
Provision for depreciation and amortization 3,045 3,287
Deferred income taxes benefit (106) (128)
Amortization of securities premiums and accretion of discounts (net) 826 1,041
Net gains on sales of securities (996) (343)
Other-than-temporary impairment losses on investment securities 649 315
Proceeds from sales and transfers of SBA loans originated for sale 0 12,063
Proceeds from sales of other loans originated for sale 31,130 27,972
Loans originated for sale (35,349) (27,942)
Gains on sales of loans originated for sale (601) (2,335)
Loss on write-down on foreclosed real estate 187 1,018
(Gains) losses on sales of foreclosed real estate (net) 741 (86)
(Gains) losses on disposal of premises and equipment (14) 1,250
Stock-based compensation 423 544
Amortization of deferred loan origination fees and costs (net) 1,359 1,234
Decrease in other assets 1,285 13,735
Decrease in other liabilities (1,090) (13,314)
Net cash provided by operating activities 12,385 25,327
Securities available for sale:    
Proceeds from principal repayments, calls and maturities 69,601 28,215
Proceeds from sales 249,323 86,765
Purchases (307,800) (155,733)
Securities held to maturity:    
Proceeds from principal repayments, calls and maturities 121,734 12,140
Proceeds from sales 4,822 0
Purchases (120,974) 0
Proceeds from sales of foreclosed real estate 3,354 1,693
Increase in loans receivable (net) (59,779) (86,010)
Redemption of restricted investment in bank stock (net) 1,632 2,004
Proceeds from sale of premises and equipment 14 1
Purchases of premises and equipment (2,725) (1,019)
Net cash used by investing activities (40,798) (111,944)
Financing Activities    
Increase in demand, interest checking, money market, and savings deposits (net) 23,947 72,097
Decrease in time deposits (net) (9,606) (12,900)
Increase in short-term borrowings (net) 7,250 19,525
Proceeds from long-term borrowings 0 25,000
Proceeds from dividend reinvestment and common stock purchase plan 35 2,023
Cash dividends on preferred stock (40) (40)
Net cash provided by financing activities 21,586 105,705
(Decrease) increase in cash and cash equivalents (6,827) 19,088
Cash and cash equivalents at beginning of year 55,073 32,858
Cash and cash equivalents at end of period 48,246 51,946
Supplementary cash flow information:    
Transfer of loans to foreclosed assets 1,421 3,905
Trade date accounting settlements for investment sales 0 38,534
Trade date accounting settlements for investment purchases $ 0 $ 50,415