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CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended 12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Cash flows from operating activities:      
Net income $ 2,167 $ 2,337 $ 3,207
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan and lease losses 200 1,365  
Increase (decrease) in deferred loan origination fees, net 11 (89)  
Depreciation and amortization 397 606  
Gain on sale and call of investment securities (19) (76)  
Amortization of investment security premiums and discounts, net 4,386 3,143  
Gain on life insurance death benefit (118)    
Increase in cash surrender values of life insurance policies (61) (199)  
Stock based compensation expense 97 125  
Loss on sale and write-down of other real estate owned 102 1,224  
Decrease in accrued interest receivable and other assets 2,216 524  
Decrease in accrued interest payable and other liabilities (253) (147)  
Net cash provided by operating activities 9,125 8,813  
Cash flows from investing activities:      
Proceeds from the sale of available-for-sale investment securities 6,159 8,500  
Proceeds from matured available-for-sale investment securities 875 825  
Proceeds from called available-for-sale investment securities 590 195  
Purchases of available-for-sale investment securities (99,420) (67,485)  
Proceeds from principal repayments for available- for-sale investment securities 46,350 38,165  
Proceeds from principal repayments for held-to- maturity investment securities 816 1,274  
Net (increase) decrease in interest-bearing deposits in banks (250) 250  
Net decrease in loans 1,573 14,173  
Proceeds from sale of other real estate 7,303 1,371  
Capitalized additions to other real estate (187)    
Death benefit from life insurance policy 419    
Net decrease (increase) in FHLB stock 6 (161)  
Purchases of equipment (90) (283)  
Net cash used in investing activities (35,856) (3,176)  
Cash flows from financing activities:      
Net increase in demand, interest-bearing and savings deposits 15,850 2,680  
Net (decrease) increase in time deposits (3,522) 1,760  
Net increase (decrease) in short-term borrowings 6,000 (3,000)  
Net (decrease) increase in long-term borrowings (8,000) 2,000  
Cash paid to repurchase common stock (3,906) (4,194)  
Net cash provided by (used in) financing activities 6,422 (754)  
(Decrease) increase in cash and cash equivalents (20,309) 4,883  
Cash and cash equivalents at beginning of year 55,461 23,768 23,768
Cash and cash equivalents at end of period $ 35,152 $ 28,651 $ 55,461