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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows From Operating Activities    
Net income $ 2,703 $ 2,805
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 334 356
Accretion and amortization of investment securities premiums and discounts, net 1,080 1,821
Valuation adjustment on mortgage servicing rights 0 (272)
Decrease in deferred loan origination fees and costs, net (24) (117)
Provision for loan losses 1,200 800
Stock plan accruals 93 73
Gains on calls/sales of available-for-sale securities 0 (4)
Impairment on other interest earning assets 50 0
Gains on sales of other real estate owned 0 (1)
Impairment on other real estate owned 0 10
Gains on sales of loans held-for-sale (277) (992)
Proceeds from sales of loans held-for-sale 12,564 45,465
Originations of loans held-for-sale (12,208) (41,301)
Changes in assets and liabilities:    
Decrease (increase) in interest receivable and other assets 590 657
Decrease in interest payable and other liabilities (1,550) (236)
Net cash provided by operating activities 4,555 9,064
Cash Flows From Investing Activities    
Proceeds from maturities of available-for-sale securities 8,000 7,424
Principal repayments on available-for-sale securities 10,636 18,713
Purchase of available for sale securities (6,298) (38,316)
Net increase in loans (16,911) (29,740)
Net increase in stock in Federal Home Loan Bank and other equity securities, at cost (267) (110)
Proceeds from sale of other real estate owned 0 513
Purchases of premises and equipment, net (272) (155)
Net cash used in investing activities (5,112) (41,671)
Cash Flows From Financing Activities    
Net increase in deposits 30,711 23,471
Redemption of preferred stock 0 (10,000)
Cash dividends paid in lieu of fractional shares (5) (4)
Cash dividends paid on preferred stock (64) (372)
Net cash provided by financing activities 30,642 13,095
Net increase (decrease) in Cash and Cash Equivalents 30,085 (19,512)
Cash and Cash Equivalents, beginning of period 177,254 161,359
Cash and Cash Equivalents, end of period 207,339 141,847
Cash paid during the period for:    
Interest 657 666
Income Taxes 752 891
Supplemental disclosures of non-cash investing and financing activities:    
Stock dividend distributed 2,065 1,047
Tax deficiency related to expired, vested non-qualified stock options 0 (106)
Financed sale of other real estate 0 (540)
Transfer of loans held-for-investment to other real estate owned 462 0
Unrealized holding gains (losses) on available for sale securities, net of taxes $ 1,277 $ (2,450)